December 18, 2018
MLMIC Insurance Company Receives AM Best Financial Strength Rating of A+
MLMIC Insurance Company has received an A+ (Superior) Financial Strength Rating and a Long-Term Issuer Credit Rating of “aa-” from AM Best.
Tag: medical malpractice insurance in New York
December 18, 2018
MLMIC Insurance Company has received an A+ (Superior) Financial Strength Rating and a Long-Term Issuer Credit Rating of “aa-” from AM Best.
April 10, 2018
New York is among only three states with total medical malpractice payouts exceeding $300 million in 2017. In addition, its total payout of $617,973,000 earns it the distinction as the state with the highest per capita payout ($313) in the nation.
November 16, 2017
Physicians in NYS may experience problems, distractions and disruptions if insured by an RRG that has been declared insolvent. As a service to our policyholders, we are providing information that describes what to expect if your RRG is declared insolvent.
July 12, 2017
Media reports indicate that New York State has ousted the CEO of the state’s second largest medical malpractice insurance carrier. Although dramatic changes like this may give the appearance of instability in the entire market, MLMIC assures policyholders that their coverage is not at risk and MLMIC continues to demonstrate sound financial condition.
March 13, 2017
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.
January 18, 2017
On January 17, the Albany Times Union reported a new development in the struggles for one of New York’s major malpractice insurance carriers. Instability of a large provider creates some uncertainty for the entire market, of course, but we want to assure MLMIC policyholders that their coverage is not at risk.
January 4, 2017
Instability of a large provider creates some uncertainty for the entire market, of course, but we want to assure MLMIC policyholders that their coverage is not at risk.