News

Caleb Knier has been named chief financial officer (CFO) of HM Insurance Group (HM). In this role, he supports HM’s strategic growth and financial performance goals and is responsible for financial operations and financial oversight of HM’s business. “Caleb’s knowledge and experience are a great asset to our leadership team as we work to achieve our current and future financial commitments,” Tom Doran, president, HM Insurance Group, said. “Not only does he have the…

Domenic Palmieri has been named chief operating officer (COO) of HM Insurance Group (HM). In this role, he will be responsible for the executive oversight of operations for three core divisions within HM, including claims, underwriting and strategy. “We conducted an extensive, nationwide search for this position,” Tom Doran, president, HM Insurance Group, said. “And while we had significant interest from experienced, qualified professionals, I knew that Dom was the right person for the…

Following the annual review of financial results, the Financial Strength Ratings (FSR) of HM Life Insurance Company and HM Life Insurance Company of New York were upgraded to A (Excellent) by A.M. Best Company. The outlook for the ratings remains stable. The companies of HM Insurance Group (HM) were reviewed as part of the evaluation of Highmark Inc., of which HM is a diversified business. According to A.M. Best, the ratings for the companies involved…

Scott Machut has joined HM Insurance Group (HM) in the role of vice president, sales and account management, managed care reinsurance. In this role, he will lead sales and account management personnel dedicated to HM’s managed care reinsurance business and will be responsible for new business development in coordination with the existing, long-term service team of RBS Re, a program of HM. Machut will report to Liz Midtlien, senior vice president, strategy and managed care…

Mark Lawrence has joined HM Insurance Group (HM) as senior vice president, underwriting. In this role, Lawrence will be responsible for meeting HM Stop Loss revenue and profitability goals while providing executive leadership to the company’s underwriting department. “Mark is a great addition to our senior management team,” Tom Doran, president and COO, HM Insurance Group, said. “With the rising claims trend and other challenges of the current market, we are committed to tailoring…

HM Insurance Group (HM) is pleased to announce that Dr. Jamie Holowka has joined the company in the role of senior pharmacist, operations administration. Having seen a continued increase in specialty drug costs and their role in the rising claims trend, HM sought to add specialized pharmaceutical expertise to its claims and underwriting areas, working to better manage business challenges now and into the future. In her new role, Holowka is responsible for assisting with…

HM Insurance Group hosted our fourth annual TPA Roundtable September 6-8, 2017. This year’s event was attended by experts representing various TPA organizations from across the country, along with HM leaders and staff who engage with our TPA partners. There also were presenters from InterveneRx and Best Doctors, who shared important industry information with the group. Throughout the course of the conference, several areas arose as growing trends or hot topics in the current market:…

PITTSBURGH – HM Life Insurance Company, a member company of HM Insurance Group (HM), has been named as one of Ward's 50 Life & Health Top Performers for 2017. This is the ninth consecutive year that HM has been among this elite group that was selected from more than 700 life-health insurance companies domiciled in the United States. “In a health care market facing growing costs and rising claims, our clients want to know that…

PITTSBURGH – Tom Doran has been named president & COO of HM Insurance Group (HM), replacing Matt Rhenish, who accepted a new role at Highmark Inc., HM’s parent company, as president of national and specialty businesses. As president of HM, Doran will be responsible for the strategy, operational management and executive leadership of the company. He brings more than 20 years of expertise in reinsurance, pricing, reserving, underwriting, actuarial services and network contracting…

HM released its "By the Numbers" infographic updated with 2016 facts and information. These fast facts quickly communicate key attributes of HM and the company's reach. Find information on financial results, size, scope and experience in one document. The information can be shared with clients to quickly communicate who HM is and the company's strength in the market. Download the infographic: HM By the Numbers

Financial strength and stability are the foundation of HM Insurance Group's ability to guard the financial health of its clients. The company's 2016 results reflect another strong year rooted in sound business practices and disciplined financial judgment. Consistently achieving annual gross revenues of more than $1 billion, HM protects nearly eight million lives through its reinsurance lines of business. The HM Stop Loss team is committed to providing clients with an exceptionally high level of…

As with all catastrophic claim categories, congenital birth defects can greatly impact costs for self-funded employers. To demonstrate the impact congenital birth defects can have on medical costs and to offer options for managing outcomes, HM Insurance Group (HM) has created an infographic that addresses the importance of awareness, education and preventive measures in improving the odds a child could be born healthy or experience a better long-term prognosis with early intervention. Many birth defects…

HM Insurance Group has launched the HM Knowledge Center, an online, easy-to-access resource hub for the most current and trending HM Stop Loss tools and information. Organized into five topic categories, the Knowledge Center provides producers, TPAs and clients with a place to easily locate a variety of resources for self-funding and Stop Loss insurance. The creation of the HM Stop Loss Knowledge Center stemmed from questions and recommendations we received from HM’s Voice…

PITTSBURGH – HM Life Insurance Company, a member company of HM Insurance Group (HM), has been named to Ward's 50 Top Performing Insurance Companies for 2016. This is the eighth consecutive year that the national stop loss carrier has been among this elite group that was selected from more than 700 life-health companies across the country. “Being recognized for our financial stability and ability to grow while maintaining strong capital and underwriting results is an…

PITTSBURGH – HM Insurance Group (HM) has named Bill Miller as senior vice president, underwriting. Bill has more than 35 years of experience as an underwriter and has served a decade in an executive leadership role at HM. “HM will benefit enormously from Bill’s knowledge of the national stop loss market,” Matt Rhenish, HM Insurance Group president and COO, said. “His underwriting background is diverse, and he already has strong, effective relationships with our underwriting…

As a leading national Stop Loss carrier, HM closely watches cost trends across the industry and works with partners and clients to determine options for better managing rising claim expenses. To highlight surprising facts and key points regarding two significant contributors to high-cost claims – dialysis and air ambulance services – we have created new infographics for reference. Check them out to learn more about the high price and growing use of dialysis and air…

PITTSBURGH – HM Insurance Group is on track to have one of its best year-end financial performances with its 2015 results. The company is positioned to reach more than $1 billion in gross revenue for the third consecutive year and achieve record operating income, which is up 60 percent over 2014. “We are incredibly pleased with our 2015 financial performance, which has positioned HM for further growth into 2016,” said Matt Rhenish, president and chief operating…

Continuing our efforts to deliver educational, impactful, differentiating and relevant messages about self-funding with Stop Loss, we have created a new video, “HM Insurance Group Video: What Is Essential to a Strong Contract?” to demonstrate the importance of language in providing financial protection, clarity and choice. As the regulatory and economic markets continue to evolve, the interest in self-funding among groups with fewer than 500 lives continues to grow. By not limiting our…

The complications caused by early deliveries and the medical issues related to the birth of multiples can create expensive medical claims. And while this is an emotional subject that isn’t always easy to discuss, self-funded employers need to be aware of the statistics and potential costs of these scenarios so that they are not alarmed should they face a high-dollar preterm birth claim in their covered population. That is why HM Insurance Group has released…

Through ongoing conversations with key partners and producers, HM Insurance Group has been looking at new ways to deliver messages that are educational, impactful, differentiating and relevant. With that in mind, we have developed a series of short, animated video clips on self-funding and Stop Loss. As the regulatory and economic markets continue to evolve, the interest in self-funding among groups with fewer than 500 lives continues to grow. Understanding that people have different preferences…

In January 2015, HM Insurance Group (HM) released "HM Trend Watch: The Rising Costs of Specialty Pharmaceuticals," a paper that provides readers with an overview on how the specialty drug trend is significantly impacting health care costs. To highlight the key points of the paper and emphasize the most surprising facts of this trend, HM has developed a specialty pharmaceuticals infographic for your reference. As a leading national Stop Loss carrier, HM continues…

As a leading national Stop Loss carrier, HM Insurance Group is watching the specialty pharmaceuticals trend and its influence on the rising cost of claims closely to determine how we can best work with our partners to help manage these costs in a meaningful way. The first step is sharing knowledge and awareness of this growing trend’s impact. We have compiled an overview on the specialty drug trend for your reference. We hope you will…

PITTSBURGH – The Board of Directors of HM Insurance Group approved the appointment of Matt Rhenish as the company's new president and chief operating officer effective immediately. Rhenish succeeds Michael W. Sullivan, who was promoted to chief executive officer of HM and United Concordia Dental and co-CEO of HVHC, Inc., all diversified businesses of Highmark Inc. These changes in leadership took place following the promotion of David Holmberg, former chairman and chief executive officer of…

PITTSBURGH – HM Insurance Group has named Greg Wilden senior vice president, sales. Wilden brings extensive experience in the stop loss marketplace and strong leadership skills to the role. He follows Mark Lancellotti who will retire in January 2014 after seven years in the position. "Greg has been a respected, valuable member of our sales management team for years and has great ties to our business partners across the country," Mike Sullivan, president and…

PITTSBURGH – HM Insurance Group (HM) has named Elizabeth (Liz) Midtlien as senior vice president, managed care reinsurance. In this newly formed position, she will lead and manage all products within HM’s managed care reinsurance product portfolio including provider excess, HMO reinsurance and managed care excess. “The addition of this role to HM’s senior management team demonstrates HM’s commitment to consistency and longevity in the reinsurance market segment,” said Mike Sullivan, president and chief…

PITTSBURGH – HM Insurance Group has created new tools to assist with calculating and understanding the impact of Affordable Care Act (ACA) taxes and fees on self-insured groups. The company's fee calculator* and quick-reference sheet provide producers information to share with their clients to help them gauge the impact ACA taxes and fees have on their current coverage. "As a stop loss carrier that provides protection to self-insured groups, we are pleased to be able to…