AM Best Rating

AM Best is a credit rating agency that rates insurance companies based on their ability to meet financial obligations.

AM Best Rating for HM Insurance Group Companies

AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICRs of “a+” (Excellent) for HM Life Insurance Company, HM Life Insurance Company of New York and Highmark Casualty Insurance Company, all part of HM Insurance Group (HM). The outlook for all ratings is stable.

These ratings reflect balance sheet strength, which AM Best assesses as strongest, as well as:

Adequate operating performance
Favorable business profile
Appropriate enterprise risk management (ERM)

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AM Best HM Company Reports

AM Best shared the announcement in a News Release September 22, 2023.

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READ HM LIFE INSURANCE COMPANY OF NEW YORK REPORT

Why Choose HM

The current health care landscape is one of constant change and rising claims. We see it daily.

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Best’s Ratings are under continuous review and subject to change and/or affirmation. To confirm the current rating, please visit the AM Best web site, www.ambest.com.

Stop Loss coverage is underwritten by HM Life Insurance Company, Pittsburgh, PA, or Bridge City Insurance Company, Pittsburgh, PA, in all states except New York under policy form series HMP-SL (08/19), HMP-SL (06/20) or BCICP-SL (06/20) or similar. In New York, Stop Loss coverage is underwritten by HM Life Insurance Company of New York, New York, NY, under policy form series HMP-SL (06/20) or similar. In all states except New York, Provider Excess Insurance is underwritten by HM Life Insurance Company, Pittsburgh, PA, or Bridge City Insurance Company, Pittsburgh, PA, under policy form series HMP PEL (09/20) or BCIC PEL (09/20) or similar. In New York, Provider Excess Insurance is underwritten by HM Life Insurance Company of New York, New York, NY, under policy form series HMNY PEL1105 or similar. In all states except New York, Assumed Accident and Health Reinsurance is underwritten or reinsured by HM Life Insurance Company, Pittsburgh, PA, or Bridge City Insurance Company, Pittsburgh, PA, under form HM1005-ELR or similar. In New York, Assumed Accident and Health Reinsurance is reinsured by HM Life Insurance Company of New York, New York, NY. The coverage or service requested may not be available in all states and is subject to individual state approval. Reinsurance agreements only reflect a form number when required by applicable state law. In Oregon, Bridge City Insurance Company does business as BCIC Insurance Company.