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Until 2018, ILSI operated as a member organization, whose members were exclusively food and beverage, agricultural, chemical, and pharmaceutical companies.In November 2018, ILSI restructured as a global federation of entities, consisting of non-profit organizations with public and private sector members. [6]
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The company's change of name, to the International Life Assurance Society, took place in 1855. [19] At that point, the Society held about 5% of the U.S. market share, making it the sixth largest life insurance company doing business in the United States (and by far the largest British company operating there). [ 20 ]
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The United States Lifesaving Association's predecessor organization was founded in 1956 by lifeguard agencies in and around Los Angeles, California as the Surf Life Saving Association of America to compete in an international lifesaving competition held concurrently with the 1956 Summer Olympics in Australia.
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McGee v. International Life Insurance Co., 355 U.S. 220 (1957), was a case following in the line of decisions interpreting International Shoe v.Washington. [1] The Court declared that California did not violate the due process clause by entering a judgment upon a Texas insurance company who was engaged in a dispute over a policy it maintained with a California resident.
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