The mutual life insurance company said Thursday its asset management business, New York Life Investment Management, was set to acquire Rye Brook, New York-based IndexIQ, well known for its alternative investment strategies. IndexIQ will become a part of The two companies said Tuesday that they had reached an agreement where Manulife’s Boston-based subsidiary, John Hancock, would acquire New York Life Insurance Co.’s Retirement Plan Services (RPS) business, which provides retirement savings plans to Designed in 2006 and the first of its kind, custom whole life is New York Life’s #1 selling life insurance product. CWL gives power to the policy owner, allowing them to decide how long to make premium payments before the policy is paid up. Previous to Annamaria Banaszek, Craig DeSanto and John DiRago have been elected senior vice presidents of New York Life, reporting to Chris Blunt, president of the Insurance Group. As head of the Group’s Wealth Management Department, Banaszek is responsible for Shari Sitzmann, an agent with New York Life Insurance Company since 2007, has been in the financial services industry for more than 20 years. Sitzmann earned the highly coveted Certified in Long-Term Care (CLTC) designation in 2010. Sitzmann completed a New York is cracking down on life insurance companies, requiring that they try harder to find and pay beneficiaries when policyholders die. When someone dies after they buy life insurance, his or her beneficiaries are responsible for claiming the benefits. .
Pennsylvania Insurance Commissioner Michael Consedine announced today that the state has reached a multi-state, regulatory settlement agreement with New York Life Insurance Company. Under the terms of the settlement, New York Life has agreed to implement a In another move, Lecole joined Northeast firm William Raveis Real Estate, Mortgage and Insurance (both in life and in work) Tom Postilio is a broker, too. Selling luxury homes at real estate firm CORE, the two star on HGTV's Selling New York and "This new law is added peace of mind that should a life insurance company fail, policyholders and their benefits will always be safe." In 1985, New York lawmakers required life-insurance companies to pay into a fund that the state could tap into to pay out New York Life Insurance Co. has bought downtown's The Cumberland apartment building at 555 Church St., Nashville Post reports. A New York Life official confirmed the sale to the Post, but declined to disclose the purchase price. As of early Monday morning .
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