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New York Life's core product is whole life insurance, a type of life insurance offering lifelong protection that builds cash value over time. New York Life also sells term life insurance, universal life insurance, variable universal life insurance, long-term care insurance, annuities and disability insurance.
In 1752, Benjamin Franklin founded the first American insurance company as Philadelphia Contributionship. In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail.
Archdiocese of New York Independent Reconciliation and Compensation Program. In 2016, the Archdiocese of New York established the Independent Reconciliation and Compensation Program run by Kenneth Feinberg.
INA formed a life insurance subsidiary, Life Insurance Company of North America, in 1956; in 1965, INA expanded its presence on the U.S. West Coast and also in the workers' compensation field when it acquired the Los Angeles-based Pacific Employers Group (PEG).
New York Life Insurance Company in the New Hyde Park, NY Business Directory. Toggle navigation. New Hyde Park, NY {{ user.display_name }} {{ user.display_name }} View profile.
In 2010, government announced compensation to policy-holders of £1.5bn. In June 2018, Equitable Life announced that Life Company Consolidation Group (now Utmost Life and Pensions) had agreed to buy the company for £1.8bn, with most policies to be transferred to Utmost's Reliance Life subsidiary and converted to unit-linked. Some of the ...