This month in New York Life history—March.

At New York Life

March 19, 2020

New York Life launches 'News and Insights on COVID-19' a content hub for all information and insights regarding the pandemic.

March  2020

Our Foundation marks New York Life’s 175th anniversary and recognizes ‘love taking action’ in the midst of COVID-19 with $1.75M in grants to nonprofits across the country.

Mar 12, 2019

New York Life announced that it had exceeded $1 trillion dollars of individual life insurance in force during the 2018 fiscal year.

Mar 13, 1906

Women’s rights activist and New York Life policy owner Susan B. Anthony passed away at age 86.

Mar 15, 2012

The New York Life Foundation and the National Alliance for Grieving Children (NAGC) released the results of the first-ever national poll of bereaved children. The poll determined “kids who have lost a parent or sibling bear a burden of sorrow and anxiety, yet they strive to be resilient in the face of their grief and greatly value the support of friends, family and the community.”

Mar 26, 1870

New York Life expanded beyond the North American continent when it appointed Harry Homans “General Agent for the Kingdom of Great Britain and the continent of Europe." Homans would establish his headquarters in London and open another office in Paris before the year was out. A German office would open in 1871.

March 28, 2023

New York Life named official life insurance partner of the New York Yankees.

Around the World

March 1, 1781 

Formal ratification of the Articles of Confederation was announced by Congress. Under the Articles, Congress was the sole governing body of the new American national government, consisting of the 13 original states. The Articles remained in effect through the Revolutionary War until 1789, when the current U.S. Constitution was adopted.

March 1, 1961

President John F. Kennedy established the Peace Corps, an organization sending young American volunteers to developing countries to assist with health care, education and other basic human needs.

March 4, 1681

King Charles II of England granted a huge tract of land in the New World to William Penn to settle an outstanding debt. The area later became Pennsylvania.

March 5, 1868

The U.S. Senate convened as a court to hear charges against President Andrew Johnson during impeachment proceedings. The House of Representatives had already voted to impeach the President. The vote followed bitter opposition by the Radical Republicans in Congress to Johnson's reconstruction policies in the South. However, the effort to remove him failed in the Senate by just one vote and he remained in office.

March 5, 1933 

Amid a steadily worsening economic situation, newly elected President Franklin D. Roosevelt proclaimed a four-day "Bank Holiday" to stop panic withdrawals by the public and the possible collapse of the American banking system.

March 10, 1862

The first issue of U.S. government paper money occurred as $5, $10 and $20 bills began circulation.

March 12, 1888

The Great Blizzard of '88 struck the northeastern U.S. The storm lasted 36 hours with snowfall totaling over 40 inches in New York City, where over 400 persons died from the surprise storm.

March 16, 1968 

New York Senator Robert Kennedy announced his intention to run for the Democratic presidential nomination.

March 22, 1972 

The Equal Rights Amendment to the U.S. Constitution was passed by the U.S. Senate and then sent to the states for ratification. The ERA, as it became known, prohibited discrimination on the basis of gender, stating, "Equality of rights under the law shall not be denied or abridged by the United States or by any State on account of sex," and that "the Congress shall have the power to enforce, by appropriate legislation, the provisions of this article."

Although 22 of the required 38 states quickly ratified the Amendment, opposition arose over concerns that women would be subject to the draft and combat duty, along with other legal concerns. The ERA eventually failed (by 3 states) to achieve ratification despite an extension of the deadline to June 1982.

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