HCC Announces Senior Management Promotions
HOUSTON, Dec. 4 /PRNewswire/ -- HCC Insurance Holdings, Inc. (NYSE: HCC) announced today senior management promotions in its corporate and subsidiary operations. Craig J. Kelbel will become Executive Vice President of HCC Insurance Holdings and will be responsible for overseeing all underwriting agency and intermediary operations. Mr. Kelbel is currently Chief Executive Officer of the Company's subsidiary, HCC Benefits Corporation, the leading market in the United States for medical stop-loss insurance. Mr. Kelbel has been with HCC Benefits since 1999 and has a 25 year history in the insurance industry. John N. Kane, Jr. will become Chief Executive Officer of HCC Benefits Corporation, succeeding Mr. Kelbel. Mr. Kane is currently Chief Executive Officer of LDG Reinsurance Corporation, the Company's accident and health reinsurance underwriting agency operation. Mr. Kane, with 26 years of experience in the insurance industry, has been with LDG Re for 16 years. Stephen L. Way, Chairman and Chief Executive Officer of HCC said, "I would like to congratulate both executives on their well deserved promotions." He added, "We will continue to build our Company around the depth of our management and the executive strength for which we have come to be known." HCC is one of the largest specialty insurance groups in the United States and consists of insurance company, underwriting agency and intermediary operations. HCC has assets of over $3.0 billion and its shares are traded on the NYSE (symbol: HCC) with a market capitalization of over $1.5 billion. HCC is rated AA (Very Strong) by Standard & Poor's and A+ (Superior) by A. M. Best Company. For more information, visit our website at www.hcch.com . Contact: L. Byron Way, Vice President at HCC Insurance Holdings, Inc. (713) 690-7300 Forward-looking statements contained in this press release are made under "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. The types of risks and uncertainties which may affect the Company are set forth in its periodic reports filed with the Securities and Exchange Commission. MAKE YOUR OPINION COUNT - Click Here http://tbutton.prnewswire.com/prn/11690X23552731
SOURCE HCC Insurance Holdings, Inc.