GLASTONBURY, CT – September 15, 2011 – CMIC, a leading doctor-owned medical professional liability insurer serving New England, today announced that the overall rate indication for Connecticut is unchanged for the upcoming 2012 policy year. The announcement follows a detailed rate review performed by the Company’s independent consulting actuary, Towers Watson.

CMIC will continue to provide premium credits to eligible policyholders who have been insured with the Company for at least 3 consecutive years. The loss experience credits range from 7.5% to 35%. Policyholders may also be eligible to receive an additional 5% credit if their medical practice utilizes a Certification Commission for Health Information Technology (CCHIT) certified Electronic Health Records (EHR) system. CMIC members are also eligible to receive additional premium credit throughout the year by attending loss prevention educational opportunities provided by the Company at no charge to its members.

“The most important service we can provide to our policyholders is to make the cost of coverage as low as is prudent and as predictable as possible,” said Denise Funk, CEO of CMIC. “Because of the strong underwriting results the Company experienced the last seven years, premiums have remained unchanged.”

About CMIC
CMIC, established as a mutual company in 1984, is a leading doctor-owned provider of professional liability insurance and services to doctors and healthcare professionals in Connecticut and Massachusetts. CMIC is headquartered in Glastonbury, CT and serves New England exclusively. For more information visit CMIC’s website at www.cmic.biz.

Media Contact:

Wendy Barclay
Manager of Corporate Communications

80 Glastonbury Boulevard
PO Box 71
Glastonbury, CT 06033
T: 860.633.7788 ext. 288
F: 860.633.8237
E-mail: wsb@cmic.biz

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