Canal Insurance Company re-elects and adds two to its Board Of Directors

March 7, 2017

The Shareholders of Canal Insurance Company at the Company’s Annual Meeting re-elected Mr. Lansing Crane, Mr. Victor Lund, Mr. David Pauly, Mr. William R. Timmons, III, Ms. Ann Pelham Cullen, and Mr. John Pollock to its Board of Directors.  In addition, the Shareholders elected two new Directors to the Board, Mr. Charles M. Timmons, Jr. and Mr. William H. Pelham, both Shareholders of the Company with deep ties to the Greenville community.

Charles (“Chuck”) M. Timmons, Jr. served Canal Insurance Company, Canal Indemnity Company, and the Wm. R. Timmons Agency, LLC in various leadership positions, beginning in 1972, and most recently served as President and Chief Executive Officer of those entities before retiring in 2009.  He currently serves on the University of South Carolina’s Insurance School Advisory Board.

William (“Bill”) H. Pelham is the Founder and President of Pelham Architects, LLC, as well as a Managing Partner of RPM Partnership, LLC.  He also currently serves as Board Chair and Building Committee Chair for Camperdown Academy, as Vice President and Art Committee Chair of Artisphere, and as Vice President of the Poinsett Club Foundation.

“We are pleased to welcome Bill Pelham and Chuck Timmons to Canal’s Board of Directors,” said Lansing Crane, Canal Board Chair. “Each brings extensive business and community experience to the Board, along with family knowledge and commitment to Canal.”

Crane said the mix of family directors and independent directors, with a variety of perspectives and backgrounds, has created a strong board for Canal. “We are working closely with management to ensure Canal’s long-term success as a highly competitive, profitable insurance company,” said Crane. “Canal Insurance Company and its family owners are dedicated to serving its agents and customers by providing insurance products and services specially tailored to the trucking industry.”

 

About Canal Insurance Company
Rated A- by A.M. Best, Canal Insurance Company has specialized in providing insurance to commercial trucking insureds through selected professional agents for more than 75 years. Visit canalinsurance.com for other news and information.