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Physicians and Providers – Litigation

Oct 23, 2018

MLMIC Cash Consideration and ADR Process

As many of you are aware, the New York State Department of Financial Services (“DFS”) approved the conversion, demutualization, and sale of MLMIC to National Indemnity Company, a member of the Berkshire Hathaway Group.  The Cash Consideration of the transaction is $2,502,000,000 which is to be distributed to certain MLMIC policyholders (individual, employed, physicians) or their designees. » Read More