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Our Policyholders Own the Company

James O. Gemmer, MD Chairman of the Board

What does this mean? It means they receive the profits, $24,000,000 in dividends in 2011!

We return operating profits after expenses back to our policyholders as dividends in the form of premium credits.

In California this is an average savings on premiums of 40.4%* for 2011. Over the last 21 years MIEC has returned over $144,000,000 in dividends to its California policyholders.

KEEPING TRUE TO OUR MISSION For more information or to apply contact: n


Call 800.227.4527


Email questions to

* (On premiums at $1/3 million limits. Future dividends cannot be guaranteed.)

MIEC 6250 Claremont Avenue, Oakland, California 94618 • 800-227-4527 • SCCMA_ad_03.17.11

38SCCMA_Ad_03.17.11.indd | THE BULLETIN 1 | MARCH / APRIL 2011

MIEC Owned by the policyholders we protect.

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