The Derek Hughes/NAPSLO Educational Foundation said two new insurance education scholarships were established by its members after changes were made allowing individuals or groups to establish scholarships.

Kurt Bingeman, a member of the board of directors of the Derek Hughes/NAPSLO Educational Foundation, recently donated $50,000 to the foundation to establish a scholarship honoring Russell Bond, the founder of Russell Bond & Co. Inc. of Buffalo, N.Y. Mr. Bingeman is the chief executive officer of the firm, NAPSLO said.

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