Take a look at our history
We opened our agency in 1933 and are still in business today. We have been serving all of Oregon for over 86 years.
In 1933, during the height of the depression Leonard Adams started a small insurance agency in Beaverton, Oregon. He was determined to find a conscientious approach to solving the insurance problems and needs of his community. Leonard’s devotion to his clients and the quality of his business model centering on relationships was reflected by the incredible growth of his agency and the continued, long-lasting legacy of his business. Passed down to son-in-law, grandson and his wife, and now great-grandsons of Leonard himself, the company is still family-owned and is operated by the third and fourth generations and seeks to pursue a continued legacy of integrity and personal relationships in the insurance field.
The 1940s & 1950s
By 1961, Leonard Adams hit the $458,000 mark for premium volume and the company hired two more clerical employees to handle the amount of business being written. At this point in the business, the agency now represented 11 insurance companies. The increase in the agency’s size led them to build and move their headquarters to Canyon Road, where they had 5300 square feet of work space. They officially incorporated the company as Leonard Adams Insurance, Incorporated.
James (Jim) Adams, Leonard’s only son, joined the company in 1963, prompting yet more hiring of clerical staff.
In 1965 Leonard’s son-in-law, Brian D.E. Dooney, joined the team of principals at the company. His arrival triggered significant corporate growth, reflecting the care and attention he invested in building relationships with his clients and the community.
The Million Dollar Year: 1967
1967 was a big year for Leonard Adams Insurance when the agency hit the $1,000,000 premium mark. The staff increased to 11 employees with 5 principals: Leonard, Bill, John, Jim, and Brian. 1967 solidified LACO as a major commercial entity in the insurance industry.