CMIC Group Offering Special COVID-19 Dividend

March 26, 2020 by matray

CMIC Group announced that its Board of Directors has declared a special dividend that totals $5 Million for CMIC policyholders. The dividend is being distributed to help support their healthcare providers through the challenges created by the COVID-19 outbreak. The company is also deferring all premium payments currently due until… Continue reading...

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CMIC Promotes Michelle M. Ursini to Vice President of Business Development & Marketing and Garrett P. Cronin to Vice President of Member Services & Underwriting at CMIC Group

January 8, 2020 by matray

CMIC Group announced that Michelle M. Ursini, previously the director of business development and marketing, has been promoted to the role of vice president of business development and marketing. Additionally, Garrett P. Cronin, previously the director of member services and underwriting, has been promoted to the role of vice president… Continue reading...

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CMIC Group Announces Appointment of Edmund Schiavoni, MD, to CMIC Board

November 20, 2019 by matray

CMIC Group announced that Edmund Schiavoni, MD, has joined the CMIC Board of Directors. Since 2014, Schiavoni has served on the CMIC RRG Board of Directors and was elected president and chairman of the CMIC RRG Board in 2017. Schiavoni received his medical degree from the Georgetown University and has… Continue reading...

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CMIC Group Announces Appointment of Scott Serels, MD, to CMIC Board

October 29, 2019 by matray

CMIC Group announced that Scott Serels, MD, has joined the CMIC Board of Directors. Serels received his medical degree from the New York University School of Medicine where he was also the recipient of the Samuel Soifer Memorial Award. He completed his urologic residency at Albert Einstein College of Medicine… Continue reading...

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AM Best Removes From Under Review with Negative Implications and Downgrades Credit Ratings of CMIC Group’s Members

October 10, 2019 by matray

AM Best has removed from under review with negative implications and downgraded the Financial Strength Rating to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Ratings to “bbb+” from “a-” of Connecticut Medical Insurance Company (Glastonbury, CT) and its sponsored risk retention group company, CMIC Risk Retention Group… Continue reading...

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Michael G. Roque Joins CMIC Group as Chief Operating Officer

September 11, 2019 by matray

CMIC Group announced that Michael G. Roque has joined the CMIC Group team as the new Chief Operating Officer. Roque has more than 20 years of experience in medical professional liability, working on both the broker and carrier sides. Most recently, he served as vice president of Business Development at… Continue reading...

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Denise M. Condron promoted to Vice President of Loss Prevention and Kevin M. Bresnahan, JD, promoted to Vice President of Claims at CMIC Group

June 19, 2019 by matray

CMIC Group announced that Denise M. Condron, previously the Director of Loss Prevention, has been promoted to the role of Vice President of Loss Prevention. Additionally, Kevin M. Bresnahan, JD, the prior Director of Claims, has been promoted to the role of Vice President of Claims. Condron has more than… Continue reading...

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A.M. Best Places Credit Ratings of CMIC Group’s Members Under Review With Negative Implications

June 7, 2019 by matray

A.M. Best has placed under review with negative implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” of Connecticut Medical Insurance Company (Glastonbury, CT) and its sponsored risk retention group company, CMIC Risk Retention Group (District of Columbia). These companies are referred to… Continue reading...

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Garrett P. Cronin Joins CMIC Group as Director of Underwriting

July 16, 2018 by matray

CMIC announced today that Garrett P. Cronin has joined the CMIC Group team as its new director of underwriting.  Prior to joining CMIC, Cronin worked for Chubb Corp. as a national underwriting manager within their Chubb Specialty Business. His background and focus for the past 25 years has been in underwriting of healthcare, public… Continue reading...

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CMIC Group Announces Appointment of Mary Ann Bentz, MD, to CMIC Board

June 28, 2018 by matray

CMIC Group announced that Mary Ann Bentz, MD, has joined the CMIC Board of Directors.  “Dr. Bentz is an experienced and dynamic medical professional,” said Stephen J. Gallant, chief executive officer of CMIC Group. “Her leadership and background will prove to be a substantial asset to the Board as well… Continue reading...

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