Life policies endow GSU Chair. (Kenneth Black Jr. Chair of Insurance at Georgia State University)

National Underwriter Property & Casualty-Risk & Benefits Management, March, 1989 by Knowles, Robert

Life Policies Endow GSU Chair ATLANTA--Thirty-eight life insurance policies with face amounts totaling more than $2 million helped fund the Kenneth Black Jr. Chair of Insurance established recently at Georgia State University. An additional $250,000 in cash donations was pledged by 128 individuals and 18 corporations.

The new academic chair was approved by the Board of Regents of the University System of Georgia at its January meeting. It will be held by the chairman of the department of risk management and insurance in the GSU College of Business Administration. According to GSU vice president Ted Bayley, an unusual fund-soliciting approach was used to secure the endowment for the chair. Donors were permitted to pledge life policies with a minimum face...

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