BE 100s: Winning Lessons from Top Companies of the Year

1981-ICOY NorthCarolinaMutual

When BLACK ENTERPRISE profiled North Carolina Mutual as the Insurance Company of the Year in 1981, it couldn't have made a better choice. Housed in the tallest building in Durham, North Carolina, NCM was the 150th largest insurance company of 1,890 in the nation. Its policyholder and income growth was due to the prowess of its legendary President and Chairman William J. Kennedy III and his team which stopped comparing the firm to other black insurers but companies of their size and reach.

When BLACK ENTERPRISE profiled North Carolina Mutual as the Insurance Company of the Year in…