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Group insurance is an insurance that covers a group of people, for example the members of a society or professional association, or the employees of a particular employer for the purpose of taking insurance. Group coverage can help reduce the problem of adverse selection by creating a pool of people eligible to purchase insurance who belong to ...
History. Trustmark was founded in 1913 as the Brotherhood of All Railway Employees when two railroad employees and two insurance experts teamed up to provide financial security for injured and disabled railway workers. They operated out of a one-desk office in downtown Chicago, paying 90 percent of claims the same day they reached the office.
MetLife, Inc. is the holding corporation for the Metropolitan Life Insurance Company ( MLIC ), [3] better known as MetLife, and its affiliates. MetLife is among the largest global providers of insurance, annuities, and employee benefit programs, with around 90 million customers in over 60 countries. [4] [5] The firm was founded on March 24 ...
Nationwide Mutual Insurance Company and affiliated companies, commonly shortened to Nationwide, is a group of large U.S. insurance and financial services companies based in Columbus, Ohio. The company also operates regional headquarters in Scottsdale, Arizona and Des Moines, Iowa. [2] Nationwide currently has approximately 25,000 employees, [3 ...
The Compass Rose Benefits Group is an insurance provider that offers health insurance plans for civilian employees and retirees of the United States Intelligence Community, United States Department of Defense and the United States Department of State, as well as a range of other insurance products for all employees and retirees of the Federal Government.
Liberty Mutual was founded in 1912 as the Massachusetts Employees Insurance Association (MEIA), following the passage of a 1911 Massachusetts law requiring employers to protect their employees with workers’ compensation insurance. The company was founded as a mutual company, a structure in which an insurance company is owned by its policyholders.
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