Organizations Filed Purposes:
The purpose of the Corporation is to provide New York State residents with protection from failure in the performance of contractual obligations due to the impairment or insolvency of life insurance companies authorized to do business in New York State.
From 2012 through 2015, collected and provided over $500 million in benefit support payments on behalf of the policyholders of Executive Life Insurance Company of New York.
From 1995 to 1999, provided nearly $100 million of claims and liquidity support to Mutual Benefit Life Assurance Company
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Linda Lacewell | Chairman, Ex Officio | 0.01 | $0 |
| Dan Settle | Director | 0.1 | $0 |
| Myron Schlanger | Treasurer and Director | 2 | $0 |
| Kenneth Ross | Secretary and Director | 1 | $0 |
| Ellie Nieves | Director | 0.1 | $0 |
| Frank Lettera | Director | 0.1 | $0 |
| Ted Kennedy | Director | 0.1 | $0 |
| Rosa Iturbides | Director | 0.1 | $0 |
| Stacy Eisenhauer | Director | 0.1 | $0 |
| Thomas Duffy | Director | 0.1 | $0 |
| John Cerrone | Director | 0.1 | $0 |
| Elizabeth Byrne | Director | 0.1 | $0 |
| Richard Bowman | Director | 0.1 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202121599349300032_public.xml