Tag: dividend

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.

MLMIC will not raise rates for physician policyholders this year. In addition, it announces credits for the 20% dividend and expands claims-free discount program.

MLMIC’s Board of Directors has approved a 20 percent dividend for all MLMIC policyholders.

As MLMIC celebrates its 40th anniversary, we have some great news for physician policyholders: the Superintendent of Insurance has accepted our recommendation that rates remain unchanged for the July 1, 2015 – July 1, 2016 policy year.

MLMIC’s Board of Directors recently approved a 5 percent dividend for all MLMIC policyholders insured as of May 1, 2015.

To qualify, policyholders must be insured by MLMIC on February 1, 2015.

The payment of dividends when fiscally prudent is just one of the things that set MLMIC apart from the field.