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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13G
Information Statement pursuant to Rule 13d-1 and 13d-2
(AMENDMENT NO. )*
MMI Companies, Inc.
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(NAME OF ISSUER)
Common Stock
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(TITLE OF CLASS OF SECURITIES)
553087107
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(CUSIP NUMBER)
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* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be 'filed' for the purpose of Section 18 of the Securities Exchange Act of
1934 ('Act') or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
(CONTINUED ON FOLLOWING PAGE(S))
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CUSIP NO. Page 2 of 6 Pages
553087107
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1 NAME OF REPORTING PERSON 06-1051282
S.S. OR I.R.S. IDENTIFICATION NO.
HL Investment Advisors, Inc.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP *
(A) [ ]
(B) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Connecticut
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NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY -------------------------------------
OWNED AS OF 6 SHARED VOTING POWER
DECEMBER 31, 793,100
1996 BY EACH -------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON WITH
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8 SHARED DISPOSITIVE POWER
793,100
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
793,100
(Not to be construed as an admission of beneficial
ownership)
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES* /----/
/----/
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.8%
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12 TYPE OF REPORTING PERSON*
IA
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CUSIP NO. Page 3 of 6 Pages
553087107
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
Hartford Capital Appreciation Fund, Inc.
22-2481744
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP *
(A) [ ]
(B) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Maryland
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NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY -------------------------------------
OWNED AS OF 6 SHARED VOTING POWER
DECEMBER 31, 793,100
1996 BY EACH -------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON WITH
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8 SHARED DISPOSITIVE POWER
793,100
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 793,100
(Not to be construed as an admission of beneficial ownership)
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES* /----/
/----/
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.8%
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12 TYPE OF REPORTING PERSON*
IV
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CUSIP NO. Page 4 of 6 Pages
553087107
Item 1(a) Name of Issuer:
MMI Companies, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
540 Lake Cook Road
Deerfield, IL 60015-5290
Item 2(a) Name of Person Filing:
HL Investment Advisors, Inc.
Hartford Capital Appreciation Fund, Inc.
Item 2(b) Address of Principal Business Office:
200 Hopmeadow Street
Simsbury, CT 06070
Item 2(c) Citizenship:
HL Investment Advisors, Inc.-Connecticut
Hartford Capital Appreciation Fund, Inc.-Maryland
Item 2(d) Title of Class of Securities:
Common Stock
Item 2 (e) CUSIP Number:
553087107
Item 3. Type of Reporting Person:
HL Investment Advisors, Inc., as a registered investment advisor
Hartford Capital Appreciation Fund, Inc., as a registered investment
management company.
Item 4. Ownership as of December 31, 1997:
(a) Amount Beneficially Owned:
793,100 shares of common stock beneficially owned including:
Number of Shares
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HL Investment Advisors, Inc. 793,100
Hartford Capital Appreciation Fund, Inc. 793,100
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CUSIP NO. Page 5 of 6 Pages
553087107
(b) Percent of Class: 6.8%
(c) For information on voting and dispositive power with respect to
the above listed shares, see items 5-8 of cover pages.
Item 5. Ownership of Five Percent or Less of a Class:
If this statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the beneficial owner
of more than five percent of the class of securities, check the
following: ( )
Item 6. Ownership of More than Five Percent on behalf of Another Person: N/A
Item 7. Identification and Classification of the Subsidiary which Acquired the
Security being Reported on by the Parent Holding Company: N/A
Item 8. Identification and Classification of Members of the Group: N/A
Item 9. Notice of Dissolution of Group: N/A
Item 10. Certification:
By signing below I certify that to the best of my knowledge and belief, the
securities referred to above were acquired in the ordinary course of business
and were not acquired for the purpose of and do not have the effect of changing
or influencing the control of the issuer of such securities and were not
acquired in connection with or as a participant in any transaction having such
purposes or effect.
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CUSIP NO. Page 6 of 6 Pages
553087107
Signature
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After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Date: February 12, 1998 HL Investment Advisors, Inc.
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BY: /s/ Joseph H. Gareau
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Joseph H. Gareau
President
Hartford Capital Appreciation Fund, Inc.
BY: /s/ Joseph H. Gareau
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Joseph H. Gareau
President
*Pursuant to the Joint Filing Agreement with respect to Schedule 13G attached
hereto as Exhibit I, between HL Investment Advisors, Inc. and Hartford
Capital Appreciation Fund, Inc., this Schedule 13G is filed on behalf of each
of them.
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EXHIBIT I
JOINT FILING AGREEMENT
Each of the undersigned hereby agrees that the Schedule 13G filed
herewith is filed jointly, pursuant to Rule 13d-1(f)(1) of the Securities
Exchange Act of 1934, as amended, on behalf of each of them.
Dated: February 12, 1998
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HL Investment Advisors, Inc.
BY: /s/ Joseph H. Gareau
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Joseph H. Gareau
President
Hartford Capital Appreciation Fund, Inc.
BY: /s/ Joseph H. Gareau
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Joseph H. Gareau
President
