New York Life Insurance

Child Organization: Mackay Shields Llc

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

Information

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.

For more information, please see our campaign finance methodology page. Lobbyist bundling data is described on our lobbyist bundling methodology page.

Latest FEC Data

covers through committee's December 31, 2012 filing.
  • Summary

    overview of the committee's finances
    Total Raised:
    $3,187,140
    Total Spent:
    $2,822,923
    Cash on Hand:
    $911,976
    Debts:
    $0

Standardized Donation Information

federal data covers roughly through Q2 2014
state-level data is not available in bulk for 2014. for current state data, browse http://followthemoney.org/
  • Top Recipients

    PAC Color Block
    Organization's PAC(s)
    Employee Color Block
    Associated Individuals
    Includes contributions from the organization’s employees, their family members, and its political action committee.
  • Republicans vs. Democrats

    in dollars. "Other" includes 3rd parties and organizations without official party affiliation.
  • State vs. Federal

    in dollars
  • Top PAC Recipients

    PAC Color Block
    Organization's PAC(s)
    Employee Color Block
    Associated Individuals
    Includes contributions from the organization’s employees, their family members, and its political action committee.
View all campaign finance data for New York Life Insurance Sources: OpenSecrets.org FollowTheMoney.org

Lobbying

$9,400,000 Spent
Information

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 $9,400,000
  • Most Frequently Disclosed Lobbying Issues
    • Taxes,
    • Insurance,
    • Finance,
    • Banking,
    • Health Issues,
    • Retirement,
    • Postal,
    • Trade,
    • Computers & Information Tech,
    • Housing
  • Most Frequently Disclosed Bills
    Bill No. Title
    H.R.677 Lifetime Income Disclosure Act
    H.R.1534 SAVE Act of 2011
    S.267 Lifetime Income Disclosure Act
    S.1789 21st Century Postal Service Act of 2011
    S.2832 A bill to suspend temporarily the duty on Pigment Yellow 181.
    H.R.4049 Automatic IRA Act of 2012
    H.R.4050 Retirement Plan Simplification and Enhancement Act of 2012
    S.2105 Cybersecurity Act of 2012
    S.2832 Lifetime Income Disclosure Act
    H.R.2309 Postal Reform Act of 2011
  • 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
View all lobbying data for New York Life Insurance Sources: Lobbyist Registration Tracker OpenSecrets.org

Regulations

Mentioned in 7 dockets; Submitted to 1 docket
Information

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.

Advisory Committees

1 person on 1 committee
Information

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.

covers through 2011

Table shows employees of "New York Life Insurance" that sat on federal advisory committees.

  • Agency
  • Representation
  • Toggle Department of Agriculture 1 person on 1 committee
View all advisory committee data for New York Life Insurance