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Following World War II, New York Life further diversified; it invested in real estate development in the late 1940s and launched a mortgage-loan program for veterans in 1946. [15] In 1957, New York Life hired one of the industry's first black agents, Cirilo McSween. [8] [18] In the 1970s, New York Life began selling annuities and mutual funds. [15]
The Mutual Life Insurance Company of New York (also known as Mutual of New York or MONY) was the oldest continuous writer of insurance policies in the United States. Incorporated in 1842, it was headquartered at 1740 Broadway , before becoming a wholly owned subsidiary of AXA Financial, Inc. in 2004.
As early as 1979, Feldman had sold more life insurance than anyone in history. [3] He sold life insurance policies with a total face value of about $1.5-billion [4] for New York Life from 1942 to his death in 1993. He once held the world record for the most products sold (by value) by a salesman in a career, a year ($100,000,000), and in a ...
New York Life Investment Management LLC [1] is a U.S. investment management company based in Jersey City, New Jersey.Founded in 1986, New York Life Investment's parent company is New York Life Insurance Company, the largest mutual life-insurance company in the United States, and one of the largest life insurers in the world, ranking #71 on the 2023 Fortune 500 list.
Seymour "Sy" Sternberg (born June 24, 1943) is chairman and former CEO of New York Life Insurance Company.He retired as CEO on June 30, 2008. He also sits on the board of directors for the United States Chamber of Commerce, [1] Northeastern University, [2] CIT Group, [3] the New York City Leadership Academy, [4] and Express Scripts Holdings. [5]
Image credits: Dan Lundberg #3 Eternal Flame Falls. Eternal Flame Falls is a small waterfall located in New York's Chestnut Ridge Park, known for its natural gas seepage that keeps a small flame ...
A windsock (a wind cone or wind sleeve) is a conical textile tube that resembles a giant sock. It can be used as a basic indicator of wind speed and direction , or as decoration. Windsocks are typically used at airports to show the direction and strength of the wind to pilots, and at chemical plants where there is risk of gaseous leakage.
[6] [7] In 2014, Aurora National Life was sold to Reinsurance Group of America. [8] A subsidiary, Executive Life Insurance Company of New York (ELNY), was seized by the state of New York, who sold the majority of the business to MetLife, retaining the structured settlement book of business.