The Superintendent of Insurance has accepted MLMIC's recommendation that rates remain unchanged for the July 1, 2015 – July 1, 2016 policy year. In addition, the 5% dividend announced in April (for policyholders who were insured on May 1, 2014, and maintained continuous coverage through July 1) will be credited to invoices for the upcoming renewal period. This is the third consecutive year of dividend returns.
Physician policyholders will be receiving invoices for the upcoming year along with a letter explaining how the dividend is applied. Questions? Call MLMIC's Underwriting Department, 1-888-793-0393.