Announcement from HM Insurance Group President and COO Mike Sullivan
June 17, 2010 — HM Insurance Group today announced that it has reached an agreement with Mutual of Omaha to acquire its Stop Loss line of business. This transaction, effective July 1, will place HM among the largest Employer Stop Loss carriers in the U.S.
Mutual of Omaha is pursuing a core product strategy and has moved away from traditional health insurance, leading to HM’s opportunity to acquire their block of Stop Loss.
Please read HM’s news release for information about the transaction.
As HM strengthens its leadership position as a health risk solutions carrier, we value the relationships we have with our producers and believe that our sustained, profitable growth will benefit you and your clients.
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