MIEC Welcomes former Physicians Reimbursement Fund (PRF) Members
Effective January 1st, 2021, MIEC welcomed many former members of Physicians Reimbursement Fund (PRF), a Risk Retention Group headquartered in San Francisco, CA. After several months of coordination, MIEC and PRF agreed on a renewal rights transaction that would give current PRF members the opportunity to transition their Medical Professional Liability coverage to MIEC, with limited underwriting and streamlined transaction process. Subsequently, PRF would not be issuing renewal coverage effective January 1, 2021. Overall, this transition proved successful with the majority of former PRF members, largely based in the San Francisco Bay Area, making the transition to MIEC. “We are...
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