J.K. Patterson has been named shareholder of Meadors Adams & Lee of Little Rock. He is only the seventh shareholder in the firm’s 114-year history. He also joins the agency’s president, Roberts Lee, as an owner. “I am thankful for this opportunity to become a shareholder in one of the oldest firms in the state of Arkansas,” Patterson said in a news release. “Roberts and our entire team are committed to the long-standing history of ethics and integrity that carries on today. I am eager to contribute to our strategic growth plan so we can remain a 100-percent Arkansas-owned business, which we believe provides a competitive advantage for our clients.” The firm specializes in commercial property and casualty insurance coverage, the design of employee benefits programs and personal insurance policies for auto and homeowners. Patterson’s areas of focus for the firm will include construction, trucking, bonding and manufacturing. “I believe Jake Adams and Allan E. Meadors would approve of my decision to offer stock to J.K.,” Lee said. “He embodies our culture and sees the possibilities that Meadors Adams & Lee has for continued growth and excellent service. It feels really good to honor the commitment made to Jake and Allan to perpetuate the agency.”
Patterson has been with Meadors Adams & Lee for almost 10 years, joining the firm in 2014 as a property and casualty producer. Before joining the firm, Patterson was an underwriter for ACE USA in Houston and was special assistant to the commissioner of the Texas Department of Agriculture.
Patterson received his bachelor’s degree from Louisiana State University in Baton Rouge in 2008.