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FOR IMMEDIATE RELEASE
CMIC Announces 2016 Rates Unchanged for Connecticut and Massachusetts Members
GLASTONBURY, CT – October 30, 2015 – CMIC, an A- (A.M. Best) rated company and leading member-owned medical professional liability insurance provider, announced that the overall rate indication for Connecticut and Massachusetts policyholders will remain unchanged for the upcoming 2016 policy year. This marks the 12th consecutive year for stable rates in Connecticut and 5th consecutive year for stable rates in Massachusetts.
CMIC insureds will also receive a dividend credit of 12.5%, effective with 2016 renewal. This is in addition to a variety of other credits offered by CMIC to eligible policyholders.
“Our continued pattern of consistent rates and policyholder dividends is the result of our history of strong underwriting practices and our commitment to maintaining a low cost of coverage whenever possible,” said Denise Funk, CEO of CMIC Group. “As a mutual company owned by its membership, it is our goal to continue to share the success of the company with the policyholders.”
CMIC is a member company of CMIC Group, an A- (A.M. Best) rated company.
About CMIC Group
CMIC Group is a leader in developing innovative insurance programs, services and solutions for physicians, doctors, healthcare providers, hospitals, and facilities dating back to the origins of CMIC in 1984. Our products and services are tailored to meet the unique needs and challenges our insured’s face each day. For more information, visit CMIC Group’s website at www.cmic.biz
80 Glastonbury Boulevard
Glastonbury, CT 06033
T: 800.228.0287 ext. 283