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Time LineHistory: Tracing Nearly 100 Years1913: Brotherhood of All Railway Workers is founded on January 13, operating out of a one-desk office in downtown Chicago. 1917: The organization adopts a new name, Benefit Association of Railway Employees (B.A.R.E.). 1922: B.A.R.E. becomes a mutual insurance company, owned by its policyowners. 1923: The Company purchases its first home office building in Chicago's uptown. 1929: The Company signs up its first group insurance holder outside the railroad industry. 1945: The life insurance department is established. 1963: The Company celebrates its 50th anniversary and changes its name to Benefit Trust Life Insurance Company. 1964: Ever expanding, new company headquarters are built near Chicago's north lakefront. 1985: Star Marketing and Administration (Starmark) becomes a distinct marketing organization for small group plans. 1986: The Company contracts with Private Healthcare Systems, Inc. (PHCS) to implement managed care products and programs. 1989: A prairie-school inspired structure in Lake Forest, IL becomes new corporate headquarters. 1994: Benefit Trust Life Insurance Company changes its name to Trustmark Insurance Company. 1995: Assets surpass the $1 billion mark. 1997: The Company acquires CoreSource, a leading third-party claims administration organization. 2001: Trustmark purchases National Worksite Benefits, Inc. (NWB) and National Worksite Advantage, Inc. (NWA), which become part of Trustmark Voluntary Benefit Solutions. 2002: Trustmark and the Tooling & Manufacturing Association (TMA) mark 50-year business relationship. CoreSource acquires Corporate Benefit Services (CBS), of Little Rock, Ark., and FMH Benefit Services of Overland Park, Kan. 2005: Dave McDonough named Trustmark President and CEO. 2006: CoreSource completes one of its largest acquisitions, purchasing St. Clair Shores, Mich.-based NGS American, Inc. Trustmark marks fifth consecutive year of record earnings. 2007: Trustmark receives "A" category ratings from both Fitch Ratings and A.M. Best. 2008: Trustmark celebrates 95 years in the insurance industry. |
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© 2008 Trustmark Companies (Trustmark Mutual Holding Company) and its subsidiaries |
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