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Tag: MLMIC

MLMIC Partners with ACOG District II

ACOG District II – MLMIC partnership will help both expand their ability to improve patient safety and reduce risk in select focus areas, such as maternal mortality and morbidity.

MLMIC Shares Latest Development in Berkshire Hathaway Transaction

On February 23, 2018, MLMIC and Berkshire Hathaway agreed to an acquisition price. Completion of the acquisition is expected in the third quarter of 2018.

MLMIC’s Q3 Financials Show Strength and Stability

MLMIC’s Q3 financials show continued strength and stability for New York’s leading medical liability insurer. In a constantly changing insurance marketplace, it is reassuring to know that MLMIC is sound and ready to serve its policyholders.

MLMIC Updates FAQs With Latest on Berkshire Hathaway Transaction

In an effort to keep our policyholders up to date on the Berkshire Hathaway transaction, and to address questions we often get on our hotline, we have updated the information on the FAQs.

MLMIC’s Q2 Financials Show Strength and Stability

MLMIC’s Q2 financials show continued strength and stability for New York’s leading medical liability insurer. In a constantly changing insurance marketplace, it is reassuring to know that MLMIC is sound and ready to serve its policyholders.

DFS Approves MLMIC Rates for 2017, Including No MD Base Rate Change

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 Board of Directors Elects New Chairman and New President

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.

MLMIC to Provide Section 18 Excess Insurance Previously Written by HPIC

MLMIC will now write and provide the Section 18 excess insurance previously written and provided by Healthcare Professionals Insurance Company (HPIC).

MLMIC’s 2016 Annual Report Now Available

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.

MLMIC Shares Anticipated Timeline for Berkshire Hathaway Transaction

We’re pleased to advise policyholders that the Berkshire Hathaway transaction is on track. As such, you can expect several major milestones to occur between now and the expected close of the transaction by year-end 2017.