| | Business Summary | | The
MIIX
Group,
Inc.
is
the
parent
company
of
a
group
of
insurance
and
insurance-related
subsidiaries
conducting
business
principally
in
New
Jersey.
The
Company
is
a
provider
of
medical
professional
liability
insurance.
MIIX
currently
insures
approximately
15,000
physicians
and
other
medical
professionals
who
practice
alone,
in
medical
groups,
clinics
or
in
other
healthcare
organizations.
The
Company
also
insures
more
than
141
hospitals,
extended
care
facilities,
as
well
as
other
healthcare
organizations.
MIIX
currently
writes
policies
in
24
states
and
the
District
of
Columbia.
In
addition
MIIX's
medical
malpractice
insurance
operations,
the
Company
also
offers
complementary
insurance
products
to
its
insureds
and
operates
other
fee-based
consulting
and
service
businesses. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | The
MIIX
Group
is
a
provider
of
medical
professional
liability
insurance
in
N.J.
and
throughout
the
U.S.
The
Company
insures
physicians
and
other
medical
professionals,
hospitals,
extended
care
faciliities,
and
health
maintenance
organizations.
For
the
six
months
ended
6/01,
revenues
rose
15%
to
$145.9
million.
Net
income
before
acct'g
change
totaled
$13.6
million
vs.
a
loss
of
$41.1
million.
Results
reflect
rate
increases
and
net
investment
gains,
and
reduced
loss
adjustment
expense. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Vincent Maressa, 58
Chairman | -- | Richard Quagliaroli
Pres,
CEO | -- | Paul Hirsch, M.D., 63
Vice
Chairman | -- | Thomas Redman, 43
CFO,
Sr. VP, Treasurer | $254K | Joseph Hudson, 60
Exec.
VP | 304K | | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/m/mhu.gif)