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New York Life Insurance Company (NYLIC) is the third-largest life insurance company [4] and the largest mutual life insurance company in the United States, [5] and is ranked #71 on the 2023 Fortune 500 list of the largest U.S. corporations by total revenue. [6]
In January 2016, Protective Life acquired parts of the company for $661 million. [33] [34] In February 2016, the company suspended sales of annuities and life insurance, putting the existing books of business into runoff. [35] [36] In June 2016, the company sold its term life insurance platform to Pacific Life. [37]
The society was "a semi-religious fraternal and beneficial society for health and life insurance." In buying it, Merrick learned about insurance and how to relate the insurance business to African Americans. [11] Merrick knew that blacks had short life expectancies and that they generally had poor health, largely due to their low income.
Transamerica Corporation, a holding company for various life insurance companies and investment firms in the United States; Transamerica Plaque, a discontinued annual award in the Quebec Major Junior Hockey League; Transamerica Pyramid, the second-tallest skyscraper in San Francisco, owned by the Transamerica Corporation; Transamerica Tower ...
Starting in 1885, Pacific Mutual Life began issuing accident insurance, [3] which was an innovative move for a life insurance company at the time. In 1906, Pacific Mutual Life merged with Conservative Life, [3] a Los Angeles–based life insurance company.
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