News

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…