2025-11-11T18:35:07-07:00 2024-12-31 990 2024-01-01 133528849 THE LIFE AND HEALTH INSURANCE COMPANY GUARANTY CORPORATION OF NE LIFE 2122024243 141-06 71st Avenue Kew Gardens Hills NY 11367 myron schlanger Financial Consultant 3478922597 2025-11-11 1 2024 2025-03-06 01:10:19Z James F Donnellan Metropolitan Life Insurance Company 200 Park Avenue New York NY 10166 28094451 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 632200 3122818 0 24632250 264934 339383 0 0 897134 28094451 0 0 0 1874065 0 0 0 0 0 452910 688918 452910 2562983 444224 25531468 6000046 31531514 0 0 6000046 31531514 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 2214242 24632250 On July 1, 2024, the Corporation assumed the ownership of all long-term care insurance contracts issued by American Independent Network Insurance Company of New York ("AINIC") upon its dissolution. At December 31, 2024, the Corporation was responsible for approximately $41 million of potential benefits payable under the AINIC contracts. To cover the initial cost of these obligations, the Corporation assessed its member companies a total of $25 million, of which $24.1 million was collected in 2024. 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 2214242 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 3 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 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 0.1 0 X 0 0 0 Jessica Cox Highmark Western and Northeastern New York Director 0.10 0 X 0 0 0 James Donellan Vice-Chairman and Director 2 0 X 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 0.10 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 0.10 0 X 0 0 0 0 0 0 0 0 0 0 Alan Shortell 217 North Highland Ave Unit 3202 Ossining NY 10562 Administrative 190180 1 0 0 0 0 0 3122818 0 3122818 Impaired and Insolvency Assessments 524298 24114742 24114742 0 0 Long Term Care Insurance Premiums-Dissolved Company 524298 517508 517508 0 0 0 0 0 0 24632250 339383 339383 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 28094451 24971633 0 0 0 0 0 1874065 451333 98735 28613 319 53 4822 NOLHGA Assessments 4444 NOLHGA Membership Dues 81549 Storage 3411 Bank Fees 15360 279 2562983 0 0 0 206416 2048501 5793630 29483013 6000046 31531514 0 0 X 0 0 0 0 6000046 31531514 6000046 31531514 6000046 31531514 25531468 0 0 0 0 0 X 0 1 X 1 0 28094451 0 0 0 0 0 28094451 0 0 0 28094451 2562983 0 0 0 0 0 2562983 0 0 0 2562983 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 18 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 as required by New York Statute. The Corporation's conflict of interest policy is available upon request. 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.