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First Extraordinary Session, 2011
SENATE RESOLUTION NO. 9
BY SENATOR MARTINY
COMMENDATIONS. Commends Pan-American Life Insurance Company upon its
centennial celebration.
A RESOLUTION1
To commend Pan-American Life Insurance Company upon its centennial celebration, "A2
Century of Promises Kept".3
WHEREAS, Crawford H. Ellis, a young New Orleans native, began his career as a4
bookkeeper with the United Fruit Company and was responsible for more than twenty-five5
ships that brought produce into the Port of New Orleans; and6
WHEREAS, Mr. Ellis, through his knowledge of the people and their culture,7
realized a need for insurance protection for both the workers and merchants of goods being8
imported and exported; and9
WHEREAS, in 1911, Mr. Ellis joined forces with Dr. Edward G. Simmons, an expert10
in life insurance, Dr. Marion Souchon, a renowned surgeon and physician, and Eugene J.11
McGiveny, a corporate lawyer, to create a life insurance company that served the needs of12
Central and South American traders, as well as those in the United States; and13
WHEREAS, as New Orleans was the busiest port in the United States at the time,14
Mr. Ellis suggested a name for the company that would reflect its dual heritage - Pan-15
American Life Insurance Company - and in March 1912, after having issued its first life16
insurance policy, was on its way to becoming an "All-of-the-Americas" company; and17
WHEREAS, Pan-American Life Insurance Company has been headquartered in New18 SR NO. 9
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Orleans, Louisiana, since its inception in 1911; and1
WHEREAS, today, Pan-American Life Insurance Group is a strong, well established2
company with more than $2.2 billion dollars in total assets, employing more than eight3
hundred people worldwide, providing top-rated life and health insurance, worksite benefits4
and financial services in forty-seven states, the District of Columbia and Puerto Rico; and5
WHEREAS, the Group's flagship member companies offer individual and group life6
and health insurance throughout Latin America with branches and affiliates in Costa Rica,7
Columbia, Ecuador, El Salvador, Guatemala, Honduras, Panama, Puerto Rico, and the8
Cayman Islands.9
THEREFORE, BE IT RESOLVED that the Senate of the Legislature of Louisiana10
does hereby commend Pan-American Life Insurance Company upon its milestone one11
hundredth anniversary.12
BE IT FURTHER RESOLVED that a copy of this Resolution be transmitted to Jose13
S. Suquet, President and CEO of Pan-American Life Insurance Group.14
The original instrument and the following digest, which constitutes no part
of the legislative instrument, were prepared by Cheryl Horne.
DIGEST
Martiny SR No.
Commends Pan-American Life Insurance Company upon its 100
th
anniversary.