Publications & Resources
Get insights and guidance from MLMIC and other leading sources on medical professional liability, risk management, and more.
Get insights and guidance from MLMIC and other leading sources on medical professional liability, risk management, and more.
MLMIC Resource Center Assists Policyholders with Risk Management and Patient Safety Inquiries
MLMIC policyholders and their staff have exclusive access to the MLMIC Resource Center, which can access a wide variety of current healthcare reference materials on your behalf and promptly provide these research findings to you.
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.
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 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.
Record Date Policyholders Vote to Approve MLMIC Plan of Conversion
By a vote of 6,635 out of 6,979, the Plan of Conversion and Amended and Restated Charter were approved by the Record Date Policyholders in accordance with Section 7307 of the New York Insurance Law.
Q2 Financial Summary Shows Strength of New York’s #1 Medical Malpractice Insurer
MLMIC’s Q2 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.
Clarification of Ability to Make Assignments of Cash Consideration
MLMIC has always recognized that eligible policyholders have the right outside the plan of conversion to assign their right to receive their allocable share of the cash consideration. MLMIC will honor any properly drafted and signed assignments that it receives from eligible policyholders on a timely basis.
In the proposed transaction with Berkshire Hathaway, MLMIC announces an important clarification on the description of the extraordinary dividend to NICO.