Saturday, June 23, 2007

Flood Insurance

Required in designated areas on all types of building. If the lowest part of the building is located above 100-year flood mark, the borrower may be exempted from the flood insurance requirement.

Source: Real Estate Reference

New York Life's Ranking On Fortune 100 List

New York Life ranks #74 on the prestigious Fortune 500 list. Each year, Fortune magazine collects revenue data from the largest companies in the Unites States and publishes the rankings. The published list is considered a “who’s who” of corporate America. New York Life has a stronger position on the Fortune 500 list than other powerful brands including Alcoa(79), Tyson Foods(80), Cisco Systems(83), Coca Cola(89), and Raytheon(97).

From the April 17, 2006 issue.