The New York Life Insurance Company (NYLIC) is the largest mutual life-insurance company in the United States, and one of the largest life insurers in the world, with about $287 billion in total assets under management, and more than $15 billion in surplus and AVR. The company ranks #64 on the 2010 Fortune 100 list, making it the highest privately held insurance company on that list. In 2007, NYLIC achieved the best possible ratings by the four independent rating companies (Standard & Poor's, AM Best, Moody's and Fitch). By June 2009, the same four rating companies reaffirmed New York Life's "superior" financial strength, which became a selling point in national TV ad campaigns that same year. The company is now one of only three life insurers to hold the highest possible rating from all four major rating agencies, and one of a few to not receive a ratings downgrade since the 2008 financial crisis. Other New York Life affiliates provide an array of securities products and services, as well as institutional and retail mutual funds.
Source: Wikipedia
Campaign Finance
$15,425,453 GivenFigures are based on itemized contributions reported to the Federal Election Commission and state agencies. Please note that:
- contributions under $200 are not reported, and so are not included in totals.
- only contributions from individuals and organizations to candidates are included. Various accounting measures and more exotic contribution types are excluded.
- contributions are matched based on organization and recipient name reported within each election cycle. Contributions using an incorrect or non-standard version of the name may be missed.
- corporate name changes and mergers may cause figures to differ from those of the Center for Responsive Politics.
- organization totals include known subsidiaries of the organization.
For more information, please see our campaign finance methodology page. Lobbyist bundling data is described on our lobbyist bundling methodology page.
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Top Recipients
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- Individuals
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Republicans vs. Democrats
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State vs. Federal
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Top PAC Recipients
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Bundled Contributions
Money raised by the firm from multiple donors on behalf of the recipient. The firm's own contributions are not included.Recipient Lobbyist Amount Charles E. Schumer $36,800
Lobbying
$53,880,000 SpentFigures are based on lobbying activity reported to the Senate Office of Public Records. Reported dollar amounts are required to be accurate only to the nearest $20,000. For organizations whose primary business is lobbying, we display total income and top clients. For organizations that are not primarily lobbying firms, we display total amount spent on lobbying and top lobbying firms hired.
For more information, please see our lobbying methodology page.
Lobbying on Behalf of New York Life Insurance
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Names of Lobbyists
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Firm Hired Amount New York Life Insurance $53,880,000 -
Most Frequently Disclosed Lobbying Issues
- Taxes,
- Insurance,
- Retirement,
- Trade,
- Finance,
- Health Issues,
- Banking,
- Torts,
- Postal,
- Housing
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Most Frequently Disclosed Bills
Bill No. Title H.R.4173 Wall Street Transparency and Accountability Act of 2010 S.3217 Private Fund Investment Advisers Registration Act of 2010 S.40 National Insurance Act of 2007 H.R.3200 National Insurance Act of 2007 S.2832 Lifetime Income Disclosure Act H.R.2205 Retirement Security for Life Act of 2007 H.R.4191 Let Wall Street Pay for the Restoration of Main Street Act of 2009 H.R.4213 Tax Extenders Act of 2009 S.1010 Retirement Security for Life Act of 2007 H.R.677 Lifetime Income Disclosure Act
Regulations
Mentioned in 45 dockets; Submitted to 3 docketsAll data is based on documents downloaded from Regulations.gov. The first table shows mentions: all documents that include the name of the company anywhere in the document or document metadata. The second table shows submissions: all documents where the submitter metadata included the company name. Each table shows the top 10 dockets, ranked by number of occurrences.
Matches are based on a search for the company name. Variations in the company name, such as acronyms, nicknames or alternate names may cause documents to be missed. The mention of a company name in a document may be incidental and does not necessarily indicate that the company has any relevance to the document. Company names that are common English words may erroneously match with text that is not referring to the company.
Not all agencies submit public comments to Regulations.gov. For a list of participating and non-participating agencies see here. Agencies that do submit to Regulations.gov have varying levels of accuracy and completeness.
Regulations and public comments can be downloaded in bulk here.
The tables show occurrences of "New York Life Insurance" in public comments on proposed federal regulations.
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Documents Submitted by the Organization
View all submissions data for New York Life Insurance
Sources:
Regulations.gov
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Mentions in Document Text
View all mentions data for New York Life Insurance
Sources:
Regulations.gov
Advisory Committees
2 people on 2 committeesData is based on disclosures required by the Federal Advisory Committee Act (FACA). Matches are based on the occurrence of the company name in the committee member affiliation. Variations in company names may cause some matches to be missed.
The table shows only the top 10 agencies. To search and download raw records from the complete dataset see the FACA data section.
Table shows employees of "New York Life Insurance" that sat on federal advisory committees.
View all advisory committee data for New York Life Insurance