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MLMIC + Berkshire Hathaway
MLMIC has been acquired by National Indemnity Company, a subsidiary of Berkshire Hathaway.
Now that we are a proud member of the Berkshire Hathaway family, MLMIC has access to greater resources than ever before – opening up new possibilities for physicians, groups, hospitals, and dentists.
- Access to new coverage options has expanded MLMIC’s capabilities
- MLMIC has greater flexibility in writing coverage
- MLMIC can now create custom solutions based on individualized needs
The Berkshire Hathaway relationship also further enhances our financial strength.
In fact, A.M. Best recently assigned MLMIC Insurance Company a Financial Strength Rating of A+ (Superior) and a Long-Term Issuer Credit Rating of “aa-”.
This A+ rating is a testament to MLMIC’s stability and unwavering commitment to securing the future for New York’s medical professionals.
With 40+ years of New York-specific experience, MLMIC is New York’s #1 medical liability insurer – providing expert insight and concierge-level service backed by the power and resources of a Berkshire Hathaway company.
Looking for additional details about the Berkshire Hathaway transaction?
Plan of Conversion | Policyholder Information Statement | Superintendent’s Decision (9/6/2018) and Order (1/14/2019) | Superintendent’s Order & Escrow Update