Gregory V. Serio, New York State
Superintendent of Insurance,
receives Neil D. Levin Memorial
Award from Bruce W. Boyea (right),
chairman and CEO of Security
Mutual Life Insurance Co. of New
York, and Israel Bonds president
and CEO Joshua Matza.

Photo by Richard Lobell

Insurance Super Gets Award
Named for His Predecessor

By Tim Boxer

HEN Israel Bonds insurance division honored New York State insurance superintendent Gregory V. Serio, they set a new record. The luncheon at the Waldorf-Astoria raised $16,552,000.

That inspired Serio to announce his own purchase of a $1,000 Israel Bond in honor of his three-month-old granddaughter.

“That’s all,” he explained. “We’re in public service with a fixed income.”

Luncheon co-chairman Richard Allen, of American Corporate Benefits, who is 50 years old, said that his mother attended the very first Israel Bonds event 51 years ago.

“I was an embryo,” he said, “so I can say I attended the first Israel Bonds dinner. The honoree was Harpo Marx. I can’t watch a Marx Brothers movie without recalling that.”

Serio noted that Israel Bonds has grown since the days of Harpo Marx.

Serio received the Neil D. Levin Memorial Award. It is named in memory of the man who preceded Serio as superintendent. Levin perished on 9/11.

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