Medical Malpractice Insurance News

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.

MLMIC’s latest dividend is based on overall assets of $5.8 billion, a surplus of $1.9 billion and a net income of $100 million. These figures, available in the company’s Q3 statement, show the company’s overall financial condition remains sound.

MLMIC is pleased to announce the opening of new office space in Western New York. The Buffalo office, located at 300 International Drive, Suite 100, Williamsville, NY 14221, is MLMIC’s fifth location.

We want you to be among the first to know our latest good news: MLMIC has entered into a definitive agreement to be acquired by National Indemnity Company, a subsidiary of Berkshire Hathaway.

Online risk management CME programs for MLMIC-insured physician assistants include the basic and follow-up programs, as well as individual modules on a variety of topics.

MLMIC will not raise rates for physician policyholders this year. In addition, it announces credits for the 20% dividend and expands claims-free discount program.

Risk management seminar reminders from MLMIC: the date for the 2016 seminar will be September 23, and past lectures are available online.

Did you know that non-clinical staff may impact patient safety and malpractice exposures? Ensuring that staff members have been properly trained regarding their roles and responsibilities should be an integral part of any organization’s risk management program.

MLMIC’s 2015 Annual Report has been published and is available now on our website.

While MLMIC can’t speak to the coverage of our competitors, we can assure our policyholders that MLMIC’s level of protection remains unchanged. We continue to provide exceptional coverage, a strong risk management program and high quality legal counsel.