Blog

Category: Dentists

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.

Clarification of the Description of the Extraordinary Dividend in the Policyholder Information Statement

In the proposed transaction with Berkshire Hathaway, MLMIC announces an important clarification on the description of the extraordinary dividend to NICO.

New Albany Report: Conclusion of 2018 New York State Legislative Session

MLMIC has released a new edition of The Albany Report to help physicians, dentists and other healthcare providers understand the impact of the most recent Legislative session on their practice in New York State.

Clarification to Consent Form Instructions in Policyholder Information Statement

MLMIC announces an important clarification on where to send the designation by an eligible policyholder for a policy administrator or EPLIP employer to receive cash consideration upon approval of the proposed transaction with Berkshire Hathaway.

MLMIC Distributes Policyholder Information Statement on Berkshire Hathaway Transaction

MLMIC is pleased to report that it has prepared and distributed a Policyholder Information Statement to Record Date Policyholders with detailed information about the proposed conversion and acquisition by National Indemnity Company, a subsidiary of Berkshire Hathaway Inc.

Notice of a Public Hearing on MLMIC’s Plan of Conversion and Acquisition by Berkshire Hathaway

A public hearing has been scheduled by the NYS Superintendent of Financial Services to consider the Plan of Conversion adopted by MLMIC’s Board of Directors.

MLMIC Reports Progress on Berkshire Hathaway Transaction

We are pleased to report the latest progress on the sponsored demutualization transaction with National Indemnity Company (the Sponsor), a subsidiary of Berkshire Hathaway Inc. (BHI).

The Joint Commission’s New Sentinel Alert on Workplace Violence

MLMIC encourages all our insured facilities and providers to examine the safety of their organizations and practices and utilize available resources to assist in developing, evaluating or expanding plans for addressing the potential of workplace violence.

Q1 Financials Show Strength for New York’s #1 Medical Malpractice Insurer

MLMIC’s Q1 financials show a strong start to 2018 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.