You are here:HomeNews CenterInsurance News2005Industry Says Goodbye to Carroll Campbell

Industry Says Goodbye to Carroll Campbell

Former South Carolina Governor Carroll Campbell, Jr. died last Wednesday at the age of 65. Campbell, a former real estate developer, was a four-term congressman...
December 13, 2005

Former South Carolina Governor Carroll Campbell, Jr. died last Wednesday at the age of 65. Campbell, a former real estate developer, was a four-term congressman before becoming governor in 1987. At the time, he was only the second Republican governor in South Carolina since Reconstruction. He easily won re-election in 1990, but term limits prevented him from running again. After leaving office, Campbell headed the American Council of Life Insurance (ACLI), based in Washington. Among the most significant developments during his tenure at ACLI was passage of the Gramm-Leach-Bliley Financial Services Modernization Act of 1999, which opened the door to competition between banks, investment companies and insurers. In a statement, ACLI's current president and CEO, former Oklahoma Gov. Frank Keating, called Campbell "a wonderful man (who) will be missed."

Filed under: