MagMutual Announces Dividend, Reinforcing Commitment to PolicyOwners

ATLANTA, February 18, 2026 – MagMutual Insurance Company, the nation’s largest mutual medical professional liability insurer, announced a 2.5% dividend return to its PolicyOwners.  

MagMutual has returned over $495 million to PolicyOwners since inception. 

“As a company owned by our PolicyOwners, it is both our duty and our privilege to return dividends to them when we are able,” said Neil Morrell, MagMutual CEO. "We focus on financial stability and growth in order to continue protecting and rewarding our PolicyOwners." 

Beyond financial dividends, MagMutual supports more than 40,000 healthcare providers and organizations nationwide with exclusive services through MyAdvice and MyDefense—delivering expert risk management guidance and legal resources to help PolicyOwners enhance patient care, reduce malpractice risks and navigate challenges confidently. 

"Our strong track record of returning dividends and providing risk reduction resources designed to reduce malpractice losses truly demonstrates our commitment to our PolicyOwners’ financial well-being," said Bill Kanich, MD, JD, executive chairperson of MagMutual. “We are proud of that commitment and will continue to honor it.” 

About MagMutual   

For more than four decades, MagMutual has been a leading provider of medical professional liability insurance. Today, the company is the largest mutual medical professional liability carrier in the U.S.¹,delivering healthcare liability insurance coverage to more than 40,000 healthcare providers and organizations nationwide. MagMutual offers customized advice, claims support and financial benefits that result in improved outcomes and stronger PolicyOwners. 

Media Contact: 
Kristen Guilfoil, Marketing Director 
[email protected]

¹ Market position based on S&P Global Market Intelligence 2024 year-end financial filings. Dividends and Owners Circle allocations are declared at the discretion of the MagMutual Board of Directors and are subject to eligibility requirements.