Equitable Life Assurance Society of the United States

The Equitable Life Assurance Society of the United States (ELAS) was founded in 1859 by Henry Baldwin Hyde (1834-1899). It became, by the year of Hyde’s death, the largest life insurance company in the world. Hyde sought to guarantee that his son, James Hazen Hyde (1876-1959), would continue family control of the company after his death, but in 1905 the younger Hyde lost control in a struggle which resulted from an investigation of the insurance industry by New York State.

From the guide to the Equitable Life Assurance Society of the United States records, (inclusive), (bulk)., 1870-1919, 1869-1906, (Baker Library, Harvard Business School)

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