General Company News
Joseph Barclay Cole Joins Security Mutual as Senior Vice President, Chief Actuary
Security Mutual Life Insurance Company of New York is pleased to announce that Joseph Barclay Cole, FSA, MAAA®, has joined the Company as Senior Vice President, Chief Actuary. In his new position, Mr. Cole will be responsible for providing senior leadership for the...
Security Mutual 2020 Financial Performance
Despite the extraordinary challenges of 2020, Security Mutual’s financial strength remained solid, stable and performed well with strong sales, earnings and capital growth. “Life’s uncertainties have never been more evident than what we have all endured throughout...
Security Mutual Shines Red for Heart Health
The pandemic has affected almost every aspect of our daily lives, and that includes heart health. Throughout the country, many Americans are spending more time at home, enjoying fewer meaningful social interactions, scheduling fewer medical appointments, experiencing...
2020 End-of-Year COVID-19 and Legislative Action
On December 27, 2020, President Trump signed into law the Consolidated Appropriations Act of 2021. Here is a brief summary of some of its provisions, including additional stimulus payments and unemployment benefits. Continue Reading 2020 End-of-Year COVID-19 and Legislative Action
Holiday Giving Program Helps Local Children
Security Mutual employees once again teamed up to spread holiday cheer to Greater Binghamton children in need by supporting The Salvation Army’s Angel Tree Giving Program. This charitable giving tradition helps provide toys, hats, gloves, blankets and more to local...
Security Mutual Announces 2021 Policy Dividend Scale
The year 2020 will long be remembered for its extraordinary challenges: the COVID-19 pandemic and the economic pressures faced by Americans and people throughout the world. But in addition to being a year of challenges, it has also been a year of service to our...
19th Annual Tournament Overcomes Hurdles to Score for Local Charities
(Binghamton, NY • September 4, 2020) Before even teeing off, the 19th Annual Jim “Mudcat” Grant All-Star Golf Tournament scored a win for the Broome County Urban League, the Boys and Girls Clubs of Binghamton, the food pantries of CHOW and Catholic Charities of Broome...
Are You Financially Fit?
(Binghamton, NY • August 28, 2020) Life Happens®, a nonprofit organization, has announced that actress, model and mom Brooke Shields has returned as their spokesperson for Life Insurance Awareness Month®. “Brooke has partnered with Life Happens to continue to...
Required Minimum Distributions for 2020 Revisited
Prior to the COVID-19 pandemic, the biggest news was the enactment of the SECURE (“Setting Every Community Up for Retirement Enhancement”) Act on December 20, 2019, which deeply impacted retirement plans and IRA accounts. There were several key features in this law,...
City of Binghamton Proclaims “Security Mutual Week” in Recognition of Company’s Contributions
We as a country and as unique communities are only just beginning to recover from the personal and economic losses resulting from the COVID-19 pandemic. As we work through these difficult times together, we continue to be inspired by the individuals and organizations...
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