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Theodore Martin Alexander, Sr., 92, known as "Mr. Insurance," at Morehouse College's Martin Luther King, Jr. International Chapel in Atlanta.
A longtime member of the Morehouse College Board of Trustees, the Morehouse grad founded, in 1931, the Alexander & Co. property and casualty insurance brokerage, one of the nation's oldest and most successful agencies owned by a Black.
One of his company's most memorable challenges was the placement of liability insurance on the automobiles used in the Montgomery bus boycott in 1957. White-owned insurance companies cancelled the liability insurance policies on the vehicles used by boycotters, threatening the success of the civil rights action. When the late Rev. Dr. Martin Luther King, Jr. approached him for assistance, Alexander contacted Lloyd's of London Insurance Company and obtained the desperately needed coverage. This bold and daring move enabled the boycott to continue and ultimately achieve its goal.
Survivors include his wife of 26 years, Dr. Lenora Cole-Alexander, two daughters, six grandchildren, eight great-grandchildren and a sister.
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