MIEC DECLARES $9.5M POLICYHOLDER DIVIDENDS

Published on: March 30, 2026

MIEC DECLARES $9.5M POLICYHOLDER DIVIDENDS

Distributed to eligible policyholders in March 2026

 

Oakland, CA (3/26/2026) – MIEC distributed dividend credits to eligible policyholders in March 2026, following a $9.5 million dividend declaration by the MIEC Board of Governors in December 2025.  MIEC’s financial results have been anchored by strong investment strategies, a solid balance sheet, relentless defense of non-meritorious claims, and an experienced management team committed to growth in the evolving MPL marketplace.  MIEC has now declared more than $471 million in dividends to eligible members since distributions began.

“MIEC is a reciprocal exchange owned by its members, and producing profit has never been a business objective of the organization.  Our goal is, and always has been, to run a business that puts our members first and defends the practice of good medicine.  Profit is the byproduct of strong management and better-than-expected operating results, and those profits belong to the membership.  For more than five decades, we have been putting members first and returning profits to our policyholders.  MIEC members do not have to wait until they retire to receive the cash benefit of ownership in their insurer.  There is no catch—just more than 50 years of history demonstrating that commitment,” said Andrew Firth, President of MIEC.

MIEC remains committed to providing policyholders with best-in-class medical professional liability (MPL) insurance through effective partnership, innovative insights, and dynamic risk solutions.  MIEC provides medical professional liability insurance, risk management, and other related services to physicians, healthcare professionals, medical groups, facilities, and acupuncturists in California, Hawaii, Alaska, and Idaho.  Please visit www.miec.com for more information.

MIEC is rated A- (Excellent) by AM Best, Financial Size Category of VIII.  For more information, please visit www.ambest.com.

Media Contact:

Blair Tomlinson – Vice President, Marketing, Sales & Member Services
510.596.4935
blairt@miec.com