Insurance Education Foundation Presents Lifetime Achievement Awards

Oct. 3, 2003 -- Insurance Education Foundation (IEI) CEO Jack Clanton passed away on Sept. 28 after a courageous battle with cancer. Clanton had served as chIEI executive officer for IEI since August 2002 and was instrumental in continuing the organization's mission of educating teachers and students about insurance.

"Jack was a truly special person and a very dear friend of The Insurance Education Institute," said Stephen Collesano, Vice President, American International Group, Inc., who also serves as IEI Chairman. "He was tireless in his dedication to help teachers educate students about insurance. We will miss his boundless enthusiasm that inspired everyone around him. Good-bye old friend."

Clanton's work in the insurance industry spanned several decades. Before joining IEI, he worked for the Farm Bureau Mutual Insurance Company for 28 years, retiring as Vice-President and General Manager. Clanton also served as Past-Chairman of the Board of the National Association of Mutual Insurance Companies. Other industry related affiliations include National Association of Independent Insurers, Farm Bureau Multi-Line Pool Committee, Farm Bureau Advisory Council, Crop Insurance Research Bureau, National Crop Insurance Association and various other insurance related organizations.

Clanton leaves behind his wife of 39 years, the former Phyllis Anderson, as well as four children and 11 grandchildren. Memorial contributions may be made to
the following organizations:

The Insurance Education Institute is a nonprofit charitable organization devoted to improving public understanding of the role of insurance in society. The foundation pursues this mission primarily through the education of secondary school teachers and students.

For more information, contact IEI at 1-800-IEI-4811 or email info@IEI.org.