MagMutual to acquire MDAdvantage Insurance.

MagMutual, an insurance company, agreed to acquire MDAdvantage Insurance, a medical professional liability insurance company. Financial terms were not disclosed. “Becoming part of the MagMutual family marks the beginning of an exciting new chapter for MDAdvantage and its insured physicians. We will build on the strong foundation established over the past 20 years with a partnership that will further our legacy of service to physicians and the healthcare community. In addition, we will be able to offer even more value to physicians through MagMutual’s comprehensive product suite. I look forward to the opportunities this partnership will provide to our physicians, broker partners and company," Patricia A. Costante, MDAdvantage Chairman and CEO.