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MICA Proxy - It's Time to Vote!

MICA’s Notice of Annual Meeting of Members and Proxy Statement have been mailed to members. By voting promptly you can help ensure a quorum and reduce mailing expenses. The form includes the web address for Simply Voting along with your Elector ID and Password. We also sent you an email on the same day that the proxy mailed that included the link to your personal voting page (no logging in). To vote, simply select either “for” or “withhold vote” for each candidate.

You also have the option of submitting your proxy vote without making voting selections by clicking the green continue and green confirm buttons. Regardless of how you vote, please submit your proxy by clicking on the green CONFIRM or green CONTINUE button at the bottom. Without that last click, your proxy won’t count.

If you prefer, you can fax your proxy vote. Click here to access the fillable pdf proxy form. Make your selection “for” or “withhold vote” for each candidate, or if you do not wish to make voting selections, fill in your name, sign, and fax to 602.468.1710. You must fill in your name and sign in order for the vote to be counted.

If you have questions, please contact customer service at (602) 808-2111 or help@mica-insurance.com.

$26 Million Dividend Distributed in February 2020

At its December meeting, the MICA Board of Trustees declared a $26 million dividend* to be distributed to participating member policyholders in February, 2020.

This dividend is made up of favorable claims development plus a portion of investment earnings. This year’s distribution represents approximately 30% of an annual premium for policyholder members with MICA for 36 consecutive months as of December 31, 2019. Those with MICA for a shorter period will receive a proportionate dividend based on their number of months with MICA.

Following the February distribution, MICA, a true mutual company, will have returned $651 million to its member owners since inception, with $129 million in the last five years alone.

On behalf of the MICA staff and Board of Trustees, thank you for your support.

James F. Carland, M.D.
Chairman, President & CEO

*The dividend declared for the 2019 policy year reflects the Company’s financial performance. Past performance does not guarantee future dividends.


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