Circuit Court of the United States, Eastern District of Virginia. Augustus Hancock et ux. v. New York Life Insurance Company

1874 ◽  
Vol 22 (2) ◽  
pp. 103
2016 ◽  
Vol 17 (3) ◽  
pp. 473-514 ◽  
Author(s):  
SHENNETTE GARRETT-SCOTT

In early December 1923 in Memphis, Tennessee, Minnie Geddings Cox sat in a hastily arranged board meeting across from Heman Perry, clear now that the man she had believed her advocate was most assuredly her adversary. Cox and Perry, a man Forbes magazine would describe in 1924 as the richest Negro in the world, spent nearly a year maneuvering a merger to join her company, Mississippi Life Insurance Company, the third largest black-owned life insurance company in the United States, with his Standard Life of Atlanta, which ranked second.1 They shared a vision to create the largest black-owned life insurance company in the United States—or so Cox thought.


PEDIATRICS ◽  
1949 ◽  
Vol 3 (2) ◽  
pp. 258-258

Dr. George M. Wheatley has been appointed a third vice-president of the Metropolitan Life Insurance Company, it was announced by Leroy A. Lincoln, president of the company. Dr. Wheatley will be associated with Dr. Donald B. Armstrong, second vice-president, in the supervision of the company's health and welfare activities. Dr. Wheatley began his work with Metropolitan in 1941. His services since then have dealt with the company's health and welfare program, which involves visiting nurse service, health education, research, and cooperation with medical societies and officials, and voluntary health agencies in the United States and Canada.


1931 ◽  
Vol 62 (2) ◽  
pp. 243-275
Author(s):  
J. B. Maclean

It is now almost seventy years since Sheppard Homans, then actuary of the Mutual Life Insurance Company of New York, described in a paper presented to the Institute (J.I.A. Vol. XI, p. 121) a new method of surplus distribution, devised by himself and D. P. Fackler. The new method was one which had been applied by them for the first time in the surplus distribution of the Mutual Life in 1863. That method, known as the Contribution Plan, has since been universally adopted in the United States and Canada and is thus the method of surplus distribution which is and for many years has been applicable to the larger part of the life insurance in force throughout the world. The method was not received with favour by British actuaries nor, except possibly in isolated cases, has it ever been applied in Great Britain. The methods of T. B. Sprague and T. G. C. Browne, while frequently referred to as “contribution” methods, are of a different character from Homans’ method and differ from it radically both in principle and in practical application.


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