As you know, in July of 2016, your endorsed carrier MLMIC announced its intention to be acquired by Berkshire Hathaway. We’re pleased to advise you that the transaction is on track and progressing forward in accordance with the measures and actions required under New York Insurance Law Section 7307 (NYIL §7307), designed to protect “the interests of the policyholders and the public.” We are, however, disappointed that the process is taking slightly longer than anticipated. As you know, we anticipated a culmination of the process in the third quarter of 2017. We are now hopeful that the process will be completed by year end 2017. As such, policyholders can expect several major milestones to occur between now and the expected close of the transaction. The estimated timeline for these milestones is currently as follows:
We are pleased to announce that the New York State Dental Association will continue its joint participation with the law firm Feldman Kieffer, LLP to bring NYSDA members the benefit of legal protection. By enrolling you receive a free legal consultation on matters where you have legal questions or issues. The Legal Protection Plan is not insurance or an insurance plan.