2024-09-13T13:01:23-07:00 2023-12-31 990 2023-01-01 133528849 THE LIFE AND HEALTH INSURANCE COMPANY GUARANTY CORPORATION OF NEW YORK LIFE 2122024243 141-06 71st Avenue Kew Gardens Hills NY 11367 myron schlanger Financial Consultant 3478922597 2024-09-13 1 2023 2024-08-08 14:25:15Z X James F Donellan Metropolitan Life Insurance Company 200 Park Avenue New York NY 10166 897134 0 X www.nylifega.org X 1985 NY 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 and health insurance companies authorized to do business in New York State. 13 13 0 0 0 0 186600 632200 0 0 85143 264934 0 0 271743 897134 0 0 0 0 0 0 0 0 0 251057 452910 251057 452910 20686 444224 5555822 6000046 0 0 5555822 6000046 To provide New York State residents with protection from failure in the performance of certain contractual obligations due to the impairment or insolvency of life and heath insurance companies authorized to do business in New York State. 0 0 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 X Myron Schlanger 7182615442 c/o Myron Schlanger 141-06 71st Avenue Kew Gardens Hills NY 11367 X Richard Bowman New York Life Insurance Company Director 0.10 0 X 0 0 0 John Cerrone Nationwide Life Insurance Company Director 0.10 0 X 0 0 0 James Donellan Vice-Chairman and Director 2 0 X X 0 0 0 Michael J Edbauer Highmark Western and Northeastern New York Director 0.10 0 X 0 0 0 Kevin M Ericson UnitedHealthcare Insurance Company Director 0.1 0 X 0 0 0 Rosa Iturbides Equitable Life Insurance Company Director 0.1 0 X 0 0 0 Alison Kelly Mutual of America Life Insurance Company Treasurer and Director 2 0 X X 0 0 0 Ted Kennedy Corebridge Financial Director 0.1 0 X 0 0 0 Debra M Lightner EmblemHealth Director 0.1 0 X 0 0 0 Ellie Nieves Guardian Life Insurance Company of America Director 0.1 0 X 0 0 0 Kenneth M Ross John Hancock Life Insurance Company of NY Secretary and Director 2 0 X X 0 0 0 Ronald Ragin TIAA Director 0.1 0 X 0 0 0 David Sloane Genworth Life Insurance Company of New York Director 0.1 0 X 0 0 0 Adrienne Harris Chairman, Ex Officio 0.1 0 X 0 0 0 0 0 0 0 0 0 0 Alan Shortell 217 North Highland Ave Unit 3202 Ossining NY 10562 Administrative 167192 Debevoise & Plimpton 66 Hudson Street New York NY 10001 Legal Services 131965 2 0 0 0 0 0 632200 0 632200 0 264934 264934 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 897134 264934 0 0 0 0 0 0 0 0 0 0 0 0 202492 131965 18112 0 0 0 0 0 118 0 0 0 67 0 6343 0 0 0 0 NOLHGA Assessments 10986 NOLHGA Membership Dues 79434 Storage 2612 781 452910 0 0 0 156153 206416 5399669 5793630 5555822 6000046 0 0 X 0 0 0 0 5555822 6000046 5555822 6000046 5555822 6000046 444224 0 0 0 0 0 X 0 1 X 1 0 897134 0 0 0 0 0 897134 0 0 0 897134 452910 0 0 0 0 0 452910 0 0 0 452910 Form 990, Part VI, Section A, Line 4 The Corporation's Plan of Operation was modified on September 21, 2023 to reflect the new name of the organization, The Life and Health Insurance Company Guaranty Corporation of New York, and the expanded membership of health insurance companies licensed in New York State. The changes were made to conform with May 12,2023 amendments made to Article 77 of the New York Insurance Law. Form 990, Part VI, Section B, Line 11b Copies of the complete Form 990 are emailed to each member of the Audit Committee for their review prior to filing. Form 990, Part VI, Section B, Line 12c Each director and vendor is required to annually confirm in writing their understanding and compliance with the Corporation's conflict of interest policy. Form 990, Part VI, Section C, Line 19 The Corporation does not make its financial statements available to the public. The financial statements are provided to the New York State Department of Financial Services. The Corporation's conflict of interest policy is available upon request.