HM Life Insurance Company Named to Ward's 50 Top-Performing Life and Health Insurers
PITTSBURGH, Aug. 10 /PRNewswire/ -- For the second consecutive year, HM Life Insurance Company was named to the list of Ward's 50(R) top performing insurance companies. Such recognition indicates financial stability and the ability to grow while maintaining strong capital positions and underwriting results.
"We are pleased to be part of this strong group of companies," said Mike Sullivan, HM Insurance Group president and chief operating officer. "Maintaining financial stability in the current market is a challenge for many organizations, but we work diligently to maintain financial strength and grow our business in order to fulfill our mission of providing health risk solutions that protect businesses and employees by reducing gaps in health coverage."
Each year, Ward Group, an operational consulting firm and leading provider of benchmarking and best practices services to the insurance industry, analyzes the financial performance more than 800 life-health insurance companies domiciled in the United States and identifies the top performers in each segment. This group is called the Ward's 50 for the year. To be named to this elite group, each company must have passed all safety and consistency screens and achieved superior performance over the five years analyzed.
HM Insurance Group, a Highmark Company, is a recognized leader in stop loss and reinsurance, offering employer stop loss, provider excess and HMO reinsurance. HM's product portfolio also features worksite/voluntary critical illness, accident, disability income and term life insurance as well as limited benefit medical plans.
HM Life Insurance Company and HM Life Insurance Company of New York have an "A-" (Excellent) rating from A.M. Best Company. Through its insurance companies, HM Insurance Group holds insurance licenses in 50 states and the District of Columbia and maintains 25 regional sales offices across the country. For more information about HM Insurance Group, visit www.hminsurancegroup.com.
SOURCE HM Life Insurance Company
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