New York Life Insurance
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.
Campaign Finance$18,591,069 Given
Figures 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.
state-level data is not available in bulk for 2014. for current state data, browse http://followthemoney.org/
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- Organization's PAC(s)
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- Associated Individuals
Republicans vs. Democratsin dollars. "Other" includes 3rd parties and organizations without official party affiliation.
State vs. Federalin dollars
Top PAC Recipients
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- Organization's PAC(s)
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- Associated Individuals
Bundled ContributionsMoney 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
Figures 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
Names of Lobbyists
Firm Hired Amount New York Life Insurance $61,760,000
Most Frequently Disclosed Lobbying Issues
- Health Issues,
- Computers & Information Tech
Most Frequently Disclosed Bills
Bill No. Title H.R.4173 Wall Street Transparency and Accountability Act of 2010 S.40 National Insurance Act of 2007 H.R.3200 National Insurance Act of 2007 S.3217 Private Fund Investment Advisers Registration Act of 2010 H.R.2205 Retirement Security for Life Act of 2007 S.1010 Retirement Security for Life Act of 2007 H.R.1065 Nonadmitted and Reinsurance Reform Act of 2007 H.R.677 Lifetime Income Disclosure Act H.R.1534 SAVE Act of 2011 S.267 Lifetime Income Disclosure Act
Recent Lobbying Contracts
Date Registrant Summary Feb. 24, 2015 Capitol Counsel Legislation and regulation affecting life insurance companies and their products, including capital standards, tax reform, policies related to securities and asset management, policies related to pensions and retirement security, and SIFI designations and other activities of the Financial Stability Oversight Council. View registration Jan. 14, 2015 Heather Podesta & Partners Legislation affecting taxation of life insurance companies and products; comprehensive tax reform; employee benefits and pensions; securities and investment management; regulatory policy affecting life insurance, pension, and annuities; and long-term care insurance. View registration
RegulationsMentioned in 89 dockets; Submitted to 12 dockets
All 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.
Documents Submitted by the Organization
View all submissions data for New York Life Insurance
- Toggle 10 SEC Comments on Duties of Brokers, Dealers, and Investment Advisers 2010
- Toggle 6 SEC Comments on Indexed Annuities and Certain Other Insurance Contracts 2008
- Toggle 3 CFTC Comments for Proposed Rule 75 FR 3281 2010
- Toggle 2 SEC Comments on Proposed Rule: Mutual Fund Distribution Fees; Confirmations 2010
- Toggle 1 SEC Comments on Proposed Rule: Confirmation Requirements and Point of Sale Disclosure Requirements for Transactions in Certain Mutual Funds and Other Securities, and Other Confirmation Requirement Amendments, and Amendments to the Registration Form for Mutual Funds 2004
- Toggle 1 DOT 97-5-12 Order To Show Cause re Essential Air Service at Oil City/Franklin, Pennsylvania 1997
- Toggle 1 SEC Comments on Electronic Filing by Investment Advisers; Proposed Amendments to Form ADV 2000
- Toggle 1 USTR Request for Comments Concerning Free Trade Agreement With the Republic of Korea 2009
- Toggle 1 SEC Comments on Proposed Rule: Mandatory Redemption Fees for Redeemable Fund Securities 2003
- Toggle 1 CFTC Comments for Proposed Rule 77 FR 15460 2010
Mentions in Document Text
View all mentions data for New York Life Insurance
- Toggle 23 SEC Comments on Duties of Brokers, Dealers, and Investment Advisers 2010
- Toggle 13 SEC Comments on Proposed Rule: Mutual Fund Distribution Fees; Confirmations 2010
- Toggle 11 SEC Comments on Indexed Annuities and Certain Other Insurance Contracts 2008
- Toggle 7 SEC Comments on Proposed Rule: Confirmation Requirements and Point of Sale Disclosure Requirements for Transactions in Certain Mutual Funds and Other Securities, and Other Confirmation Requirement Amendments, and Amendments to the Registration Form for Mutual Funds 2004
- Toggle 4 SEC Comments on Acceptance of Public Submissions Regarding the Study of Stable Value Contracts (Request for Comment) 2011
- Toggle 4 EPA Rulemaking for the Steam Electric Power Generating Effluent Limitations Guidelines 2009
- Toggle 3 EBSA Request for Information Regarding Lifetime Income Options for Participants and Beneficiaries in Retirement Plans 2010
- Toggle 3 EPA Criteria and Standards for Cooling Water Intake Structures 2008
- Toggle 3 SEC Roadmap for the Potential Use of Financial Statements Prepared in Accordance with International Financial Reporting Standards by U.S. Issuers 2008
- Toggle 2 SEC Comments on Broker-Dealer Reports 2011
Advisory Committees2 people on 2 committees
Data 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.
- Toggle Department of Health and Human Services 1 person on 1 committee
- Toggle Department of Agriculture 1 person on 1 committee