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Golden State Mutual Life Insurance Company
Golden State Mutual Life Insurance Company, was once the largest black-owned insurance company in the western United States, founded by William Nickerson Jr. with the assistance of Norman Oliver Houston and George Allen Beavers Jr. Founding In the mid-1920s, when William Nickerson Jr., an insurance salesman and publisher from Texas, arrived in Los Angeles, he was alarmed to discover that most of the 16,000 blacks living in the city were unable to obtain life insurance. Unable to afford an attorney, Nickerson studied law to determine the state's requirements to form a corporation to accommodate this need. He partnered with fellow insurance salesman Norman O. Houston and businessman George A. Beavers Jr. to secure 500 pre-paid life insurance applications as well as the $15,000 deposit required by California. Houston raised the $15,000 and Beavers found 500 blacks that would pay premiums for a company that was yet to be established. On July 23, 1925, they opened as the Golden Stat ...
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Mutual Insurance
A mutual insurance company is an insurance company owned entirely by its policyholders. Any profits earned by a mutual insurance company are either retained within the company or rebated to policyholders in the form of dividend distributions or reduced future premiums. In contrast, a stock insurance company is owned by investors who have purchased company stock; any profits generated by a stock insurance company are distributed to the investors without necessarily benefiting the policyholders. History The concept of mutual insurance originated in England in the late 17th century to cover losses due to fire. The mutual/casualty insurance industry began in the United States in 1752 when Benjamin Franklin established the Philadelphia Contributionship for the Insurance of Houses From Loss by Fire. Mutual property/casualty insurance companies exist now in nearly every country around the globe. The global trade association for the industry, the International Cooperative and Mutual Ins ...
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San Diego
San Diego ( , ; ) is a city on the Pacific Ocean coast of Southern California located immediately adjacent to the Mexico–United States border. With a 2020 population of 1,386,932, it is the List of United States cities by population, eighth most populous city in the United States and the county seat, seat of San Diego County, the List of the most populous counties in the United States, fifth most populous county in the United States, with 3,338,330 estimated residents as of 2019. The city is known for its mild year-round climate, natural deep-water harbor, extensive beaches and parks, long association with the United States Navy, and recent emergence as a healthcare and biotechnology development center. San Diego is the List of municipalities in California, second largest city in the U.S. state, state of California, after Los Angeles. Historically home to the Kumeyaay people, San Diego is frequently referred to as the "Birthplace of California", as it was the first site vi ...
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Jacob Lawrence
Jacob Armstead Lawrence (September 7, 1917 – June 9, 2000) was an American painter known for his portrayal of African-American historical subjects and contemporary life. Lawrence referred to his style as "dynamic cubism", although by his own account the primary influence was not so much French art as the shapes and colors of Harlem. He brought the African-American experience to life using blacks and browns juxtaposed with vivid colors. He also taught and spent 16 years as a professor at the University of Washington. Lawrence is among the best known twentieth-century African-American painters, known for his modernist illustrations of everyday life as well as narratives of African-American history and historical figures. At the age of 23 he gained national recognition with his 60-panel '' The Migration Series'', which depicted the Great Migration of African Americans from the rural South to the urban North. The series was purchased jointly by the Phillips Collection in Washing ...
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William Pajaud
William Etienne "Bill" Pajaud (August 3, 1925 – June 16, 2015) was an African-American artist, primarily working in watercolor, known for his paintings exploring themes of jazz. He was born in New Orleans, Louisiana, and died in Los Angeles, California, on June 16, 2015, at the age of 89. He was the curator of the Golden State Mutual Life Insurance Fine Art Collection. Early life and education William Pajaud's father was a jazz musician, whose main source of income was working at funerals. His mother was a trained pharmacist, but, as an African American woman, found it difficult to find work. Pajaud earned a fine arts degree from Xavier University of Louisiana in New Orleans in 1941. Pajaud moved to Chicago in the early 1940s, where he took work as a sign painter and designer. In 1949 he moved to Los Angeles to study graphic design at Chouinard Art Institute. Career and work Pajaud was a member of the Society of Graphic Designers, the Los Angeles County Art Association, an ...
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Conservatorship
Under U.S. law, conservatorship is the appointment of a guardian or a protector by a judge to manage the financial affairs and/or daily life of another person due to old age or physical or mental limitations. A person under conservatorship is a "conservatee", a term that can refer to an adult. A person under guardianship is a "ward", a term that can also refer to a minor child. Conservatorship may also apply to corporations and organizations. The conservator may be only of the "estate" (financial affairs), but may be also of the "person", wherein the conservator takes charge of overseeing the daily activities, such as health care or living arrangements of the conservatee. A conservator of the person is more typically called a legal guardian. Appointment Conservatorship is established either by court order (with regard to individuals) or via a statutory or regulatory authority (with regard to organizations such as business entities). In other legal terms, a conservatorship may r ...
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Steve Poizner
Stephen Leo Poizner (born January 4, 1957) is an American businessman, technology entrepreneur, and former Republican California Insurance Commissioner and Gubernatorial candidate. Poizner also was an independent candidate in the 2018 California Insurance Commissioner election. Poizner has been a Silicon Valley high-tech entrepreneur, founding and selling SnapTrack, Inc., Strategic Mapping, Inc, and EmpoweredU, and he is currently the founder and CEO of next generation GPS startup OneNav Inc. In 2001, following privately held SnapTrack's sale for $1 billion to Qualcomm, Poizner served a year as a White House Fellow in the National Security Council. Starting one week before the September 11, 2001 attacks, Poizner held the position of Director of Critical Infrastructure Protection and was involved in developing Homeland Security programs relating to cybersecurity and emergency response communication protocols. Background and early life Poizner was born on January 4, 1957, ...
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National Insurance Association
The National Insurance Association (NIA) is the largest organization representing African American owned and operated insurance companies. History In 1921, 60 men representing 13 African American owned insurance companies met at the home office of North Carolina Mutual Life Insurance Company in Durham, North Carolina to found the National Negro Insurance Association. C. C. Spaulding was elected the organization's first president. In the 1950s, the name of the organization was changed to the National Insurance Association. Past presidents of the organization include Theodore A. Jones, former director of the Illinois Department of Revenue and George A. Beavers Jr., board chairman of the Golden State Mutual Life Insurance Company Golden State Mutual Life Insurance Company, was once the largest black-owned insurance company in the western United States, founded by William Nickerson Jr. with the assistance of Norman Oliver Houston and George Allen Beavers Jr. Founding In t ... ...
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Racial Integration
Racial integration, or simply integration, includes desegregation (the process of ending systematic racial segregation). In addition to desegregation, integration includes goals such as leveling barriers to association, creating equal opportunity regardless of Race (classification of human beings), race, and the development of a culture that draws on diverse traditions, rather than merely Cultural assimilation, bringing a racial minority group, minority into the majority culture. Desegregation is largely a legal matter, integration largely a social one. Distinguishing ''integration'' from ''desegregation'' Morris J. MacGregor, Jr. in his paper "Integration of the Armed Forces 1940–1969", writes concerning the words ''integration'' and ''desegregation'': In recent years many historians have come to distinguish between these like-sounding words... The movement toward desegregation, breaking down the nation's Jim Crow laws, Jim Crow system, became increasingly popular in the deca ...
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Black Community
Black is a racialized classification of people, usually a political and skin color-based category for specific populations with a mid to dark brown complexion. Not all people considered "black" have dark skin; in certain countries, often in socially based systems of racial classification in the Western world, the term "black" is used to describe persons who are perceived as dark-skinned compared to other populations. It is most commonly used for people of sub-Saharan African ancestry and the indigenous peoples of Oceania, though it has been applied in many contexts to other groups, and is no indicator of any close ancestral relationship whatsoever. Indigenous African societies do not use the term ''black'' as a racial identity outside of influences brought by Western cultures. The term "black" may or may not be capitalized. The ''AP Stylebook'' changed its guide to capitalize the "b" in ''black'' in 2020. The '' ASA Style Guide'' says that the "b" should not be capitalized. Som ...
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Paul Williams (architect)
Paul Revere Williams, FAIA (February 18, 1894 – January 23, 1980) was an American architect based in Los Angeles, California. He practiced mostly in Southern California and designed the homes of numerous celebrities, including Frank Sinatra, Lucille Ball and Desi Arnaz, Lon Chaney, Barbara Stanwyck and Charles Correll. He also designed many public and private buildings.Hudson, Karen E., ''Paul R. Williams Architect: A Legacy of Style'', Rixxoli International Publications, Inc., New York, New York, 1993. Early life and education Williams came from a family of middle class Memphis residents: Chester Stanley and Lila Wright Williams. They migrated to Los Angeles in 1893 with their son, Chester, to start a fruit business, but were not successful. Paul was born in Los Angeles on February 18, 1894. His father died in 1896 from tuberculosis and his mother two years later from the same illness, leaving the boys in foster care. He was eventually adopted by C.I. Clarkson and his w ...
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Golden State Mutual Life Insurance Building (1949)
The Golden State Mutual Life Insurance Building is a landmark 5-story, office building in the Late Modern style built in 1949 as the headquarters for its namesake company. The building was designed by Paul Revere Williams, the noted African-American Architect. The building is located in West Adams in South Los Angeles about 3.5 miles southwest of Downtown Los Angeles and 2 miles northwest of Exposition Park and USC. This was the company's second building to bear this name, the first having been built in 1928. Design and construction Founded in 1925 Golden State Mutual Life Insurance Company (GSM) was the largest African American owned insurance company in the Western United States and was the first to offer all persons life insurance regardless of race. The company grew extensively during the 1920s and 1930s serving this previously unserved market. In 1946 the board of the Golden State Mutual Company decided it had outgrown its second 1928 building on Central Ave (also an ...
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World War II
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing military alliances: the Allies and the Axis powers. World War II was a total war that directly involved more than 100 million personnel from more than 30 countries. The major participants in the war threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. Aircraft played a major role in the conflict, enabling the strategic bombing of population centres and deploying the only two nuclear weapons ever used in war. World War II was by far the deadliest conflict in human history; it resulted in 70 to 85 million fatalities, mostly among civilians. Tens of millions died due to genocides (including the Holocaust), starvation, ma ...
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