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December 14, 2007

Malpractice insurer, Md. reach deal

Med Mutual to cut rates, pay dividend, fully reimburse state In a sharp contrast to the crisis atmosphere in Annapolis that surrounded soaring medical malpractice rates just a few years ago, Maryland’s biggest malpractice insurer said yesterday that it would use nearly $100 million of its reserves to cut premiums, pay doctors a dividend and reimburse state coffers for emergency subsidies.

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