Chairman ’ s Corner
We are pleased to announce a positive new development for Mountain State physicians and hospitals . As our policyholders are already aware , WVMIC and MagMutual are now one company , with the transaction completed on November 1 , 2020 . MagMutual ’ s four precepts align completely with WVMIC ’ s purpose and mission , uniting us in our dedication to policyholders .
Like WVMIC , MagMutual is a mutual company founded by physicians and focused on always putting the interests of our policyholders first . As a physician , you do this for your patients every day , and you can expect the same from us . Our shared commitment to you means you will continue to receive exceptional protection , support and rewards , now backed by the unmatched strength and stability of MagMutual .
• MagMutual offers a complete spectrum of healthcare liability products , giving you coverage options for the practice , business and regulation of medicine .
• WVMIC will maintain its significant Charleston presence , with the office there operating as MagMutual ’ s regional hub supporting healthcare providers in West Virginia , Kentucky and Ohio .
Together , our two companies will grow even stronger and be better positioned to meet both the current and future needs of our policyholders .
In this time of unprecedented and difficult challenges in healthcare , we are grateful to have this opportunity to serve you .
• WVMIC will continue to write insurance coverage under the WVMIC name you know and trust , but with the full financial support and backing of MagMutual .
Thank you for all that you do .