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MLMIC’s Spring 2019 Dateline Newsletter Available Now Online

The Spring 2019 edition of Dateline – the newsletter for MLMIC-insured physicians and facilities – includes many resources, including information about physician liability for the actions of others, the consequences of improper delegation and management of negative online reviews.

Register Now For MLMIC’s 2019 Risk Management Program

Online registration is open for MLMIC’s April 11 Risk Management Program at the Westchester Marriott Hotel (670 White Plains Road) in Tarrytown. The conference qualifies physicians for CME credit and covers current risk management issues facing all specialties.

Mailing of Tax Information for Berkshire Hathaway Transaction Proceeds

1099-B tax forms for recipients of cash consideration from MLMIC’s acquisition by National Indemnity Company will be sent on February 25 via Computershare. The mailing will contain an explanatory insert and a 1099-B tax statement required by the IRS.

Instructions from DFS for Resolution of Cash Consideration Disputes

MLMIC asks any objectors or Eligible Policyholders currently involved in an unresolved dispute over cash consideration to read the recent Order from the Superintendent of the New York State Department of Financial Services and review your obligations, available options and the future status of the cash consideration held in escrow.

MLMIC Insurance Company Receives AM Best Financial Strength Rating of A+

MLMIC Insurance Company has received an A+ (Superior) Financial Strength Rating and a Long-Term Issuer Credit Rating of “aa-” from AM Best.

Q3 Financial Summary Shows Strength of New York’s #1 Medical Malpractice Insurer

MLMIC’s Q3 financials show continued strength and stability 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 Establishes Process to Resolve Cash Consideration Disputes

MLMIC will provide and pay for a voluntary dispute resolution process to address any cash consideration in dispute between eligible policyholders and objectors following the closing of the Berkshire Hathaway transaction.

MLMIC’s Fall 2018 Dateline Newsletter Available Now Online

The Fall 2018 edition of Dateline – the newsletter for MLMIC-insured physicians and facilities – includes a risk/benefit analysis of EHR data storage options and a case study on poor documentation and communication.

MLMIC Joins Berkshire Hathaway Family of Companies

MLMIC announces the official completion of its conversion from a mutual company to a stock company and its acquisition by National Indemnity Company, a subsidiary of Berkshire Hathaway. The cash consideration resulting from the conversion will be paid out to eligible policyholders as promptly as practicable.

MLMIC Announces New Partnership With NYSSOS

Under the new partnership, MLMIC and NYSSOS seek to improve patient safety and the quality of care while remediating the adverse medical malpractice environment in New York.