Since it's beginning in 1898, North Carolina Mutual Insurance Company has grown to be the nations most widely known and successful, business institutions. It is the only insurance company in North Carolina with a character dated before 1900. With over $12 billion of insurance in force and surplus exceeding $18 million. Noth Carolina mutual insurance is the first African American life insurance in the United States. The company's seven organizers were men who were active in business, education, medical and civic life of the Durham community. An early financial crisis tested their resolve and the company was reorganized in 1900 only John Merrick and Dr. Aaron M. Moore remaining. Charles C. Spaulding was named general manager, under whose direction the company grew and achieved national prominence.
By: Sahar K.
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