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.
Policyholders have reacted to the Berkshire Hathaway agreement with enthusiasm and questions that we receive are typically about the transaction’s timing, payout, next steps and notices.
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.