A public hearing has been scheduled by the NYS Superintendent of Financial Services to consider the Plan of Conversion adopted by MLMIC’s Board of Directors.
We are pleased to report the latest progress on the sponsored demutualization transaction with National Indemnity Company (the Sponsor), a subsidiary of Berkshire Hathaway Inc. (BHI).
MLMIC’s Q1 financials show a strong start to 2018 for New York’s leading medical liability insurer. In a consistently challenging insurance marketplace, it is reassuring to know that MLMIC is sound and ready to serve its policyholders.
MLMIC will be sending Section 18 excess insurance renewal notices to policyholders May 1. Renewal applications are due prior to July 1 and may be submitted through MLMIC’s secure policyholder portal. Excess insurance provides an important layer of insurance protection to policyholders.