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June 8, 2010
Charles R. Welsh, Geoffrey E. Rosenblat, Lori A. Basilico, John G. Stretton, G. Scott Nebergall
A multidisciplinary deal team from Edwards Angell Palmer & Dodge counseled HM Life Insurance Co. in its agreement to acquire Mutual of Omaha's employer stop loss line. The acquisition makes our client's parent, HM Insurance Group, one of the largest employer stop loss lines in the country. The Mutual of Omaha stop loss block, with approximately $100 million in annual premium, will grow HM's current block of $420 million by nearly 25 percent.
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