 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.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.