MLMIC is pleased to announce that DFS approval of MLMIC’s 2017 rates means that base rates remain unchanged for all physician policyholders for July 1, 2017, to July 1, 2018. DFS also approved a number of specialty class changes and a small adjustment to how entity rates are calculated.
While there’s no getting around the intense emotions involved in being sued, a solid support system makes a big difference. This includes not only family, friends and colleagues but also skilled legal counsel.
MLMIC has released an updated version of its Proactive Basic Risk Management Course as part of its ongoing commitment help physicians and other healthcare professionals improve the quality of patient care and reduce potential liability exposure in their practices.
The Spring 2017 edition of Dental Dateline – the newsletter for MLMIC-insured dentists – includes many resources, including a case study on successful management of a noncompliant patient.
At MLMIC’s Board of Directors Meeting on May 3, Dr. Robert Menotti affirmed his retirement as President and Chairman of the Company. Subsequently, the Board elected Dr. James Reed to serve as Chairman and Dr. John Lombardo to serve as President.
A new MLMIC publication, The Albany Report, is intended to enhance this advocacy by providing policyholders with a concise, insiders’ view of pending legislative, regulatory and political developments that have an impact on the NYS medical malpractice insurance marketplace.
While MLMIC continues to demonstrate financial strength, Politico New York has reported that one of the state’s major malpractice insurance carriers has both a negative surplus and declining revenues.
In the opening letter to MLMIC’s 2016 Annual Report, President Dr. Robert Menotti highlights some of the Company’s accomplishments, shares summary financial information and announces his retirement.