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Subsidy Tracker Parent Company Summary
Parent Company Name: New York Life Insurance
Ownership Structure: mutual
Headquartered in: New York
Major Industry: financial services
Specific Industry: insurance
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $39,916,521 | 18 |
Federal (grants and allocated tax credits) | $0 | 0 |
TOTAL | $39,916,521 | 18 |
Loan / Bailout Summary | Total Face Value | Number of Awards |
State/Local loans, bond financing and venture capital | $0 | 0 |
Federal loans, loan guarantees and bailout assistance (not including repayments) | $0 | 0 |
TOTAL | $0 | 0 |
Time Period for Federal Awards: FY2000 to the present
Notes: Dollar totals do not include awards for which no subsidy value is disclosed.
Links: For a summary of this company's regulatory violations see its Violation Tracker summary page
here.
Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
New Jersey | $33,895,750 | 1 |
New York | $5,708,839 | 13 |
Tennessee | $311,932 | 4 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
Company | Location | Subsidy Source | Year | Subsidy Value | Loan/Bailout Value | Type of Subsidy |
New York Life Insurance Company | New Jersey | state | 2015 | $33,895,750 | | tax credit/rebate |
NEW YORK LIFE INSURA | New York | local | 2012 | $1,488,165 | | property tax abatement |
NEW YORK LIFE INSURA | New York | local | 2011 | $1,487,872 | | property tax abatement |
New York Life Insurance, Co. | New York | local | 2004 | $950,607 | | tax credit/rebate; property tax abatement |
New York Life Insurance, Co. | New York | local | 2010 | $287,145 | | tax credit/rebate; property tax abatement |
New York Life Insurance, Co. | New York | local | 2005 | $250,545 | | tax credit/rebate; property tax abatement |
New York Life Insurance, Co. | New York | local | 2003 | $241,988 | | tax credit/rebate; property tax abatement |
New York Life Insurance, Co. | New York | local | 2007 | $236,246 | | tax credit/rebate; property tax abatement |
New York Life Insurance, Co. | New York | local | 2008 | $214,506 | | tax credit/rebate; property tax abatement |
NEW YORK LIFE INSURANCE CO | Tennessee | local | 2007 | $193,422 | | property tax abatement |
New York Life Insurance, Co. | New York | local | 2009 | $190,096 | | tax credit/rebate; property tax abatement |
New York Life Insurance, Co. | New York | local | 2006 | $189,643 | | tax credit/rebate; property tax abatement |
New York Life Insurance, Co. | New York | local | 2011 | $103,675 | | tax credit/rebate; property tax abatement |
NEW YORK LIFE INSURANCE CO | Tennessee | local | 2008 | $87,372 | | property tax abatement |
New York Life Insurance, Co. | New York | local | 2012 | $61,518 | | tax credit/rebate; property tax abatement |
NEW YORK LIFE INSURANCE CO | Tennessee | local | 2009 | $30,023 | | property tax abatement |
New York Life Insurance, Co. | New York | local | 2013 | $6,833 | | tax credit/rebate; property tax abatement |
NEW YORK LIFE INSURANCE CO | Tennessee | local | 2007 | $1,115 | | property tax abatement |