PITTSBURGH, April 4 /PRNewswire/ -- Highmark Life & Casualty Group
announced today that it has changed its company name to HM Insurance Group.
The name change reflects HM Insurance Group's focus on products that create
health risk solutions that can reduce gaps in health benefit coverage.
"This move to a new name and identity represents the culmination of a
strategy to position the company for growth in group employee benefit
insurance products that can provide health risk solutions," said Dan
Lebish, HM Insurance Group president and chief executive officer. "We have
a foundation of strength built on our experience in stop loss insurance and
are moving forward with new products that complement our base."
According to Lebish, the new HM Insurance Group identity will allow the
company to market all products under a common name.
HM Insurance Group has more than 20 years' experience in stop loss and
recently added worksite products to its offerings. Lebish also announced
that HM Insurance Group is introducing a new limited benefit medical
product. The limited benefit product will be available at the end of April
and will enable employers to bridge the gap for employees who do not have
health insurance coverage.
"HM Insurance Group's core products - stop loss, worksite and limited
benefit medical plans - will provide a connected portfolio of health risk
solutions to address the challenges faced by employers," said Lebish. "This
strategic direction positions HM Insurance Group for continued future
About HM Insurance Group
Pittsburgh-based HM Insurance Group, a subsidiary of Highmark Inc.,
provides group health-related insurance products to protect businesses and
their employees from potential financial losses associated with health
costs. HM Insurance Group's connected portfolio of products and services
helps to provide health risk solutions for clients.
HM Life Insurance Company, HM Life Insurance Company of New York and
Highmark Casualty Insurance Company have received an "A-"(Excellent) rating
from A.M. Best Company, one of the country's oldest and most respected
rating agencies. HM Insurance Group consists of HM Life Insurance Company,
HM Life Insurance Company of New York, HM Benefits Administrators and
Highmark Casualty Insurance Company, which offers workers' compensation (in
Pennsylvania only) and stop loss coverage.
Through its insurance companies, HM Insurance Group holds insurance
licenses in 50 states and the District of Columbia. HM Insurance Group
maintains 18 regional sales offices across the country. Not all products or
services are available in all states.
For more information, log onto http://www.hminsurancegroup.com.
SOURCE HM Insurance Group