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September 26, 2007

Maryland Malpractice Insurer To Leave Subsidy Program Early

The Maryland Insurance Administration on Monday released details of a plan filed by Medical Mutual Liability Insurance Society of Maryland to drop out of the state’s malpractice insurance premium subsidy program two years early and return $32.5 million of $72.4 million it received, the Baltimore Sun reports. The proposal is part of the insurer’s plan to pay a $68.6 million dividend. [click link

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