American National Insurance Company
Historical marker location:Founded in 1905 by Galveston business pioneer W. L. Moody, Jr. (1865-1954), American National opened for business on third floor of the Moody Building at 22nd and Strand streets in Galveston. At that time the home office staff numbered ten. By 1912, when it began issuing dividends, the company was soundly established. Life insurance in force passed the billion dollar mark in 1943, and later climbed into the multi-billions. By 1971 the home office employed 1200 persons, and the company was licensed to operate in 49 states, the District of Columbia, Canada, Guam, Puerto rico, and western Europe.
Founder W. L. Moody, Jr., remained at the helm of the company for half a century.
American National is the largest Texas-based life insurance company, and ranks among the leaders in the United States. It is the oldest in Galveston-- famous as an insurance pioneering site.
The first home office built especially for the company was completed at 21st and Market streets in 1913. An additional building, at 21st and Mechanic streets, was completed in 1929. The company moved into the 20-story American National tower in 1971
As one of the most visible programs of the Texas Historical Commission (THC), historical markers commemorate diverse topics in Texas history, including: the history and architecture of houses, commercial and public buildings, religious congregations, and military sites; events that changed the course of local and state history; and individuals who have made lasting contributions to the state, community organizations, and businesses.
The discovery of oil in 1901 near Beaumont, Texas, sparked an oil boom that transformed the state's economy and led to the rise of the modern petroleum industry.
In 1816, Pirate Jean Lafitte established a short-lived settlement on Galveston Island, which became a haven for smugglers and criminals. However, the pirate era came to an end when the Mexican government took control of Texas and drove out Lafitte and his fellow pirates.
The 19th century saw Galveston County become a major seaport and commercial center. In 1839, the city of Galveston was founded and quickly grew in size and prosperity. The city became an important hub for the Texas cotton industry and played a significant role in the Texas Revolution and the Civil War.
However, Galveston faced numerous challenges throughout its history, including devastating hurricanes. The most notable was the Great Storm of 1900, which remains the deadliest natural disaster in U.S. history, claiming thousands of lives and causing extensive damage. Despite the destruction, Galveston rebuilt and implemented engineering projects, including the construction of a seawall, to protect the city from future hurricanes.
Today, Galveston County is a popular tourist destination, known for its beautiful beaches, historic architecture, and vibrant cultural scene. The county has successfully preserved its rich heritage while embracing modern development, making it a unique and diverse place to visit and live.
Galveston County Timeline
This timeline provides a condensed summary of the historical journey of Galveston County, Texas.
- 1528 - Spanish explorer Cabeza de Vaca becomes the first known European to set foot on Galveston Island
- 1816 - Pirate Jean Lafitte establishes a base on Galveston Island
- 1825 - Galveston becomes a port of entry for the newly formed Republic of Mexico
- 1836 - Galveston becomes an important port during the Texas Revolution
- 1839 - The City of Galveston is officially incorporated
- 1854 - Galveston becomes the largest city in Texas
- 1900 - Galveston is struck by a devastating hurricane, resulting in over 6,000 deaths
- 1901 - Oil is discovered in nearby Spindletop, leading to a period of economic growth
- 1957 - The world's first offshore drilling rig is built in Galveston
- 2008 - Hurricane Ike causes significant damage to Galveston