NIE has provided Fabricare Insurance since 1915!


Our History

In 1915, the National Association of Dyers & Cleaners (now International Fabricare Institute) organized the National Association of Dyers & Cleaners Inter-Insurance Exchange (now the Exchange).

John L Corley, Sr - Founder of NIE Insurance In those days, there was one very good reason to choose the Exchange; no one else would insure cleaners because disastrous fires and explosions accompanied the early use of gasoline and naphtha in cleaning plants.

In the words of Albert Morgenthaler, "We tried every way we could to get insurance, but no one would write us. Finally John (Corley) organized the National Association of Dyers & Cleaners Inter-Insurance Exchange."

John L. Corley, L.L.D., as Secretary of the National Association of Dyers & Cleaners (now International Fabricare Institute), was the driving force behind the formation of the insurance exchange (now the Exchange). He was elected to the International Fabricare Institute's Hall of Fame in 1980.

Since the Exchange's inception, its operations have been managed by John L. Corley, Inc. as Attorney-in-Fact.