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William Armstrong, who spearheaded the investigation. The Armstrong Committee, formally the Joint Committee of the Senate and Assembly of the State of New York to Investigate and Examine into the Business and Affairs of Life Insurance Companies Doing Business in the State of New York was an investigation begun in late 1905 when the New York State Legislature initiated an investigation of the ...
The Home Life Insurance Company based in Brooklyn, New York was the first life insurer to be authorized by the newly formed New York State Insurance Department in 1860. Superintendent Barnes supervised the filings of 155 fire insurance companies and 16 life insurance companies during his first year in office. [1]
In July 1998, an anonymous French whistle-blower told the California Insurance Department that Crédit Lyonnais was the real buyer of the insurance company and controlled it through secret agreements. In early 1999, the California Insurance Department sued the bank and other parties, alleging fraud and seeking $2 billion in restitution. [4]
The Pennsylvania Insurance Department is a cabinet-level agency in Pennsylvania, United States. It was founded in 1873 and has several main functions, including: [2] To audit insurance companies' finances; Issue licenses to insurance industry individuals and companies; Regulate insurance policies and rates
Ruth Elton (born 7 September 1933) is a British-born Nigerian retired Christian missionary based in Ilesa, Nigeria. She is the only child of Sydney Granville and Hannah Elton, deceased British missionaries who are commonly regarded as pioneers of the Pentecostal revival movement in Nigeria.
While speaking at a town hall in the swing state of Pennsylvania Thursday, tech CEO Elon Musk repeated false conspiracy theories claiming that voting machines rig elections -- an assertion that ...
It List: Elton John looks back on his life in 'Never Too Late,' Daniel Craig stars in 'Queer,' Jason Bateman enters his bad guy era in 'Carry-On' Kelsey Weekman. December 12, 2024 at 11:00 AM.
Mutual Benefit Life was taken into receivership for rehabilitation by the New Jersey Department of Banking and Insurance on July 16, 1991, after losses in an overheated real estate market led to a run by policyholders, who ultimately lost the purported "cash value" that had been said to have accrued in their policies. At the time, the collapse ...