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

www.miec.com

n

Call 800.227.4527

n

Email questions to underwriting@miec.com

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

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

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

MIEC Owned by the policyholders we protect.

3/17/11 12:12 PM