Mutual Benefit Life Insurance Company
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Mutual Benefit Life Insurance Company
The Mutual Benefit Life Insurance Company was a life insurance company that was chartered in 1845 and based in Newark in Essex County, New Jersey, United States. The company was headed by Frederick Frelinghuysen (1848–1924). The company was known as the "Tiffany" of insurance companies, a reference to its reputation as the life insurance company to the upper classes. Mutual Benefit Life was taken into receivership for rehabilitation by the New Jersey Department of Banking and Insurance on July 16, 1991, after losses in an overheated real estate market led to a run by policyholders, who ultimately lost the purported "cash value" that had been said to have accrued in their policies. At the time, the collapse was the largest ever of an American insurer. AMEV acquired the group life, accident and health insurance Mutual Benefit in 1991. SunAmerica acquired the remaining divisions in 1998. Effective June 14, 2001, Mutual Benefit was liquidated and dissolved. Landmark bui ...
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Newark, New Jersey
Newark ( , ) is the List of municipalities in New Jersey, most populous City (New Jersey), city in the U.S. state of New Jersey, the county seat of Essex County, New Jersey, Essex County, and a principal city of the New York metropolitan area.Table1. New Jersey Counties and Most Populous Cities and Townships: 2020 and 2010 Censuses
, New Jersey Department of Labor and Workforce Development. Accessed December 1, 2022.
New Jersey County Map
, New Jersey Department of State. Accessed December 27, 2022.
As of the 2020 U ...
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Prudential Headquarters
Prudential Financial is based in Newark, New Jersey, United States. It began as The Widows and Orphans Friendly Society in 1875, and for a short time it was called the Prudential Friendly Society. For many years after 1877 it was known as the Prudential Insurance Company of America, a name still widely in use. The company has constructed a number of buildings to house its offices in downtown in the Four Corners district. In addition to its own offices, the corporation has financed large projects in the city, including Gateway Center and Prudential Center. Prudential has over 5,000 employees in the city. Prudential Home Office The four original Prudential headquarters buildings were built from 1892 to 1911 as early examples of steel framing in Newark, clad in gray Indiana limestone with Romanesque styling, the work of George B. Post. The four buildings were known as the Main Building, the North Building, the West Building, and the Northwest Building, and were the tallest in th ...
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List Of Tallest Buildings In Newark
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History Of Newark, New Jersey
Newark, New Jersey, Newark has long been the List of municipalities in New Jersey, largest city in New Jersey. Founded in 1666, it greatly expanded during the Industrial Revolution, becoming the commercial and cultural hub of the Gateway Region, region. Its population grew with various waves of migration in the mid-19th century, peaking in 1950. It suffered greatly during the era of urban decay, urban decline and suburbanization in the late 20th century. Since the millennium it has benefited from interest and re-investment in America's cities, recording population growth in the 2010 and 2020 censuses. Founding and 18th century Newark was founded in 1666 by Connecticut Puritans led by Robert Treat from the New Haven Colony to avoid losing political power to others not of their own church after the union of the Connecticut and New Haven colonies. The site for Newark was chosen because the Purtians wanted an isolated location that was remote and protected from outside influence. It ...
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Philadelphia
Philadelphia ( ), colloquially referred to as Philly, is the List of municipalities in Pennsylvania, most populous city in the U.S. state of Pennsylvania and the List of United States cities by population, sixth-most populous city in the United States, with a population of 1,603,797 in the 2020 United States census, 2020 census. The city is the urban core of the Philadelphia metropolitan area (sometimes called the Delaware Valley), the nation's Metropolitan statistical area, seventh-largest metropolitan area and ninth-largest combined statistical area with 6.245 million residents and 7.379 million residents, respectively. Philadelphia was founded in 1682 by William Penn, an English Americans, English Quakers, Quaker and advocate of Freedom of religion, religious freedom, and served as the capital of the Colonial history of the United States, colonial era Province of Pennsylvania. It then played a historic and vital role during the American Revolution and American Revolutionary ...
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Mutual Benefit Life Building
The Mutual Benefit Life Building is a twenty-five-floor high rise office building that is located at 1845 Walnut Street on Rittenhouse Square in Center City Philadelphia, 19103. It was placed on the Philadelphia Register of Historic Places in 1995. History and architectural features It was designed by Eggers & Higgins and completed in 1972. The building was originally built by the now defunct Mutual Benefit Life Insurance Company of Newark, New Jersey Newark ( , ) is the List of municipalities in New Jersey, most populous City (New Jersey), city in the U.S. state of New Jersey, the county seat of Essex County, New Jersey, Essex County, and a principal city of the New York metropolitan area. .... It is built over a former Philadelphia Parking Authority parking garage that is now operated by Parkway Corporation. The building was placed on the Philadelphia Register of Historic Places in 1995. References External links * {{usurped, Emporis: Mutual Benefit Life Building ...
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IDT Corporation
IDT Corporation (originally standing for International Discount Telecommunications) is a multinational provider of cloud communications, point of sale systems, unified communications, and financial services foreign exchange services for selected clients. It has units dedicated for businesses and consumers such as the Boss Revolution pre-paid phone cards, headquartered in Newark, New Jersey. Overview IDT's first service was '' callback'', which was based on the idea that "it costs two and three times as much to call from overseas as it does the other way." History IDT was founded by entrepreneur Howard Jonas in August 1990. He founded the company after opening a sales office in Israel, receiving large international phone bills and then discovering a way to lower them by re-originating calls in the United States. In 1996, IDT founded Net2Phone, the world's fourth-largest VoIP provider (2017), and sold 32% of Net2Phone in August 2000 to AT&T for $1.1 billion in cash. That sa ...
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Eggers & Higgins
Eggers & Higgins was a New York architectural firm partnered by Otto Reinhold Eggers (August 4, 1882 – April 23, 1964) and Daniel Paul Higgins (September 12, 1886 – December 26, 1953). The architects were responsible for the construction phase of the Jefferson Memorial beginning in 1939, two years after the death of its original architect, John Russell Pope, despite protests that their appointment had been undemocratic and therefore "un-Jeffersonian". Critics argued a competition should have been held to choose Pope's successor. In 1941, they also completed construction of Pope's other famous design, the West Building of the National Gallery of Art, also in Washington, D.C. The pair were longtime associates of Pope in the firm he founded in 1903 as the Office of John Russell Pope, Architect. Eggers was a brilliant designer and renderer who served as Pope's right hand for almost thirty years. They changed the name of the firm to Eggers & Higgins in 1937, soon after Pope's dea ...
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Downtown Newark
Downtown Newark is the central business district of Newark, New Jersey, Newark in Essex County, New Jersey, Essex County, in the U.S. state of New Jersey. Downtown is the site of the original Puritan settlement of Newark located at a bend in the Passaic River. The first settlers, led by Robert Treat, landed not far from the present site of the New Jersey Performing Arts Center. The intersection of Broad and Market Streets, known as the Four Corners (Newark), Four Corners was once considered the busiest intersection in the nation, and is the heart of traditional downtown. Most of Newark's office buildings are located in this area including Prudential Financial's Headquarters (also known as Prudential Plaza) and their new office tower that was recently constructed on Broad Street across from Military Park. In the post-World War II era, downtown seemed to be moving north during the ''New Newark'' architectural period, in the direction of Washington Park (Newark), Washington Park. S ...
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International Style (architecture)
The International Style is a major architectural style and movement that began in western Europe in the 1920s and dominated modern architecture until the 1970s. It is defined by strict adherence to Functionalism (architecture), functional and Form follows function, utilitarian designs and construction methods, typically expressed through minimalism. The style is characterized by Modular building, modular and Rectilinear polygon, rectilinear forms, Plane (mathematics), flat surfaces devoid of ornamentation and decoration, open and airy interiors that blend with the exterior, and the use of glass, steel, and concrete. The International Style is sometimes called rationalist architecture and the modern movement, although the former is mostly used in English to refer specifically to either Rationalism (architecture), Italian rationalism or the style that developed in 1920s Europe more broadly. In continental Europe, this and related styles are variably called Functionalism (architectu ...
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Nursing Home
A nursing home is a facility for the residential care of older people, senior citizens, or disabled people. Nursing homes may also be referred to as care homes, skilled nursing facilities (SNF), or long-term care facilities. Often, these terms have slightly different meanings to indicate whether the institutions are public or private, and whether they provide mostly assisted living, or nursing care and emergency medical care. Nursing homes are used by people who do not need to be in a hospital, but require care that is hard to provide in a home setting. The nursing home staff attends to the patients' medical and other needs. Most nursing homes have nursing aides and skilled nurses on hand 24 hours a day. In the United States, while nearly 1 in 10 residents aged 75 to 84 stays in a nursing home for five or more years, nearly 3 in 10 residents in that age group stay less than 100 days, the maximum duration covered by Medicare, according to the American Association for Long-Term ...
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Essex Catholic High School
Essex Catholic Boys High School (formally known as Bishop Francis Essex Catholic High School after 2000) was a four-year Catholic high school located in Newark and East Orange, in Essex County, in the U.S. state of New Jersey. The high school opened in 1957. It was run by the Congregation of Christian Brothers and sponsored by the Roman Catholic Archdiocese of Newark until its closure in 2003. History The school's original location was at 300 Broadway in Newark. In fall 1980, the all-male school was moved to East Orange, where it took over the location of the closed all-girl's East Orange Catholic High School. It remained open at that location until June 2003 when it closed due to a lack of enrollment. Concurrent with ECHS's move to East Orange, the Archdiocese created Essex Catholic Girls High School, an all-girls Catholic high school at the former location of Archbishop Walsh Catholic High School in Irvington. The school was supported in its early years by the efforts of ...
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