[Equitable Life Assurance Society : Pamphlets.]. 1863-1892.
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Equitable Life Assurance Society of the United States
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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 g...
