NYLI promotes two in legal dept.

New York Life Insurance Co. has announced promotions in its general counsel department. Sara Badler has been promoted to senior vice president and deputy general counsel and Richard Taigue has been promoted to first vice president and deputy general counsel in the Office of the General Counsel. Both executives report to senior vice president and general counsel Thomas English. Ms. Badler is responsible for managing the unit within the Office of General Counsel which provides legal advice to the Company’s life insurance, annuity, long term care and group operations, its agency department and to the Company’s retail broker-dealer. She is also responsible for the unit which provides legal support to the Office of the Chief Investment Officer and on M&A activity. Mr. Taigue is now responsible for managing several areas within the Office of General Counsel, including subsidiary corporate governance and oversight of the legal operations for New York Life’s subsidiaries. He is also responsible for managing the intellectual property, commercial contracts and legal risk assessment units of the Office of the General Counsel.