New York Life Insurance Company

01/13/2025 | Press release | Distributed by Public on 01/13/2025 12:09

New York Life pledges $150,000 in support of communities impacted by Los Angeles wildfires.

NEW YORK - New York Life, America's largest mutual life insurer1, today pledged $150,000 toward disaster-relief efforts in response to the devastating wildfires impacting the Los Angeles region. This includes a $100,000 contribution to the California Fire Foundation's Wildfire & Disaster Relief Fund and a $50,000 donation to the American Red Cross.

The company has also committed to match up to $100,000 in employee and agent donations to the California Fire Foundation, American Red Cross, and the New York Life Emergency Assistance Fund, which provides financial assistance to employees and agents impacted by catastrophic events.

In addition, New York Life will offer disaster volunteer grants in impacted areas. Employees and agents who volunteer in local relief efforts can secure a $5,000 grant benefiting the nonprofits of their choice for qualifying team projects.

"At the heart of New York Life is a commitment to be there for our customers, our employees and agents, and our communities," said Heather Nesle, president of the New York Life Foundation. "We extend our deepest support and compassion to all those impacted by the wildfires across the Los Angeles region."