HOUSTON, March 19, 2008 (PRIME NEWSWIRE) -- HCC Insurance Holdings, Inc. (NYSE:HCC) announced today that Daniel A. Strusz has been promoted to Executive Vice President of the Company's HCC Life Insurance Company (HCC Life) subsidiary, reporting to HCC Life President and Chief Executive Officer Craig J. Kelbel.
Strusz has more than 25 years of experience in health insurance management. In addition to serving as Regional Executive Vice President of HCC Life, he has held a number of management positions with Allianz Life, National Benefits Resources, Fortis Benefits and Paul Burke and Associates. Strusz has a Bachelor of Science degree in Accounting from Winona State University in Winona, Minnesota.
"In his new position, Dan Strusz will be responsible for managing HCC Life's regional medical stop-loss offices in Georgia, Massachusetts, Minnesota and Texas, as well as its Healthcare Risk Management Division and LifeTrac Network. We are very pleased to have someone of Dan's experience and ability at the helm of these key operations," Kelbel said.
Headquartered in Houston, Texas, HCC Insurance Holdings, Inc. (HCC) is a leading international specialty insurance group with offices across the United States and in Belgium, Bermuda, Spain, Ireland and the United Kingdom. HCC has assets of nearly $8.1 billion, shareholders' equity in excess of $2.4 billion and is rated AA (Very Strong) by Standard & Poor's, AA (Very Strong) by Fitch Ratings and A+ (Superior) by A.M. Best Company.
For more information, visit our website at www.hcc.com.
Forward-looking statements contained in this press release are made under "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. The types of risks and uncertainties which may affect the Company are set forth in its periodic reports filed with the Securities and Exchange Commission.