[Congressional Record Volume 151, Number 5 (Tuesday, January 25, 2005)]
[Extensions of Remarks]
[Page E66]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




     RECOGNIZING THE 150TH ANNIVERSARY OF THE LOUISVILLE BOARD OF 
                      INDEPENDENT INSURANCE AGENTS

                                 ______
                                 

                          HON. ANNE M. NORTHUP

                              of kentucky

                    in the house of representatives

                       Tuesday, January 25, 2005

  Mrs. NORTHUP. Mr. Speaker, I rise today to recognize the 150th 
anniversary of the Louisville Board of Independent Insurance Agents.
  The story of the Louisville Board began on February 15, 1854 when a 
dozen of the city's leading insurance officials met to organize the 
Board of Underwriters. The organization's first constitution stated 
that it was formed

     in view of the benefits resulting from uniformity in the 
     rates of insurance, in the conditions under which insurances 
     should be made, in the principles and practices of adjusting 
     losses, and in view also of elevating the character of 
     insurance transactions. . . .

  In 1858, the Louisville Board presented the city of Louisville with 
its first steam-powered fire engine. At a cost of $5,000, the money to 
purchase the fire engine was donated from insurance companies and local 
merchants.
  In 1896, Louisville Board members played a prominent role in the 
creation of a state insurance association within Kentucky. This 
organization still operates today as the Independent Insurance Agents 
of Kentucky. Additionally, Louisville Board members played an 
instrumental role in the creation of a national agents' association.
  In 1951, the Louisville Board inaugurated a series of monthly 
luncheon forums, which continue to this day.
  Mr. Speaker, the Louisville Board has been a valued partner in our 
community for the past 150 years. I congratulate them on a historic 
anniversary and wish them continued success in the future.

                          ____________________