NU Online News Service, May 3, 2005, 3:38 p.m. EDT
An arm of Highmark Inc. has hired Disability Reinsurance Management Services Inc. to help it manage long-term disability insurance claims and to supply other LTD support services.[@@]
Highmark Life & Casualty Group, Pittsburgh, the Highmark unit, will continue to market, underwrite and issue LTD policies, Highmark Life says.
Highmark is best known as the parent of Highmark Blue Cross Blue Shield, a large Pennsylvania health insurer, but the life unit is licensed in all 50 states. Highmark Life says it hopes the Disability RMS deal will help it increase its group LTD sales.