Latest Maine Headlines
All the headlines from our Maine Topic Page, ordered by recency.
Gov. Baldacci signs Maine law in effort to curb uninsured motorist claims following court ruling
May 8 2006 // Maine Gov. John Baldacci signed into law legislation that promises to curtail the number of uninsured motorist claims. The new law will allow insurers to limit coverage for uninsured motorists to claims based on injuries...
Gov. Baldacci signs Maine law in effort to curb uninsured motorist claims following court ruling
May 8 2006 // Maine Gov. John Baldacci signed into law legislation that promises to curtail the number of uninsured motorist claims. The new law will allow insurers to limit coverage for uninsured motorists to claims based on injuries...
Insurers Applaud Signing of Maine Bill Limiting Uninsured Motorist Claims
Apr 19 2006 // In a major victory for Maine insurers, legislation drafted by the National Association of Mutual Insurance Companies (NAMIC) aimed at correcting a Maine Supreme Judicial Court decision hindering insurers’ ability to...
TD Banknorth Continues Expansion in N.J. with Interchange Acquisition
Apr 17 2006 // TD Banknorth Inc., headquartered in Portland, Maine, is acquiring Interchange Financial Services Corporation for $480.6 million in an all cash transaction. Headquartered in Saddle Brook, New Jersey, Interchange had $1.6...
Maine Court Sets May Deadline for Dirigo Savings Report
Apr 16 2006 // A Maine judge Friday gave directors of the Dirigo Health Agency less than a month to determine the latest health care cost savings arising from the operation of its state-run insurance program. The agency had missed its...
Insurers Pleased with Privacy Terms of Maine’s New ‘Black Box’ Law
Apr 14 2006 // A new Maine law (LD 1885) aimed at protecting the privacy of motorists with event data recorders (EDRs), or “black boxes,” in their vehicles, contains important safeguards for insurers supported by the...
Maine adopts ID theft law
Apr 3 2006 // Maine Gov. John Baldacci has signed a law that clarifies the process of cleaning up credit reports of people who become identity theft victims. The law takes effect later this year. Rep. Carol Grose’s clarifies that...
Maine GOP Candidate Unveils Health Ideas; Calls for Dirigo Suspension
Mar 27 2006 // When it comes to health care, Mainers must stop thinking Augusta knows best, Chandler Woodcock said Friday as he campaigned for the Republican nomination for governor. Unveiling his health care plan for the state, Woodcock...
Governor Says ‘Cover Tennessee’ Program to be Voluntary
Mar 27 2006 // Tenn. Gov. Phil Bredesen said he won’t force his “Cover Tennessee” plan to cover the state’s uninsured on small businesses or individuals. If the one-in-10 state residents without health insurance...
Jury Awards More Than $10M in Water Bottlers’ Lawsuit
Mar 24 2006 // A Portland, Maine jury ordered a Seattle law firm to pay $10.8 million for dumping one set of clients for a more lucrative class-action case. Jurors will return to federal court next week to settle the issue of punitive...
Maine Jury Awards Former CEO $7.5M for Bank’s Malpractice
Mar 22 2006 // A Portland, Maine jury this week awarded $7.4 million in damages to a former Fairchild Semiconductor executive who blamed the former Fleet Bank’s Private Client Group for causing the loss of his fortune once valued...
Gov. Baldacci Signs Bill to Assist Maine Identity Theft Victims
Mar 20 2006 // Mainers who become victims of identity theft are getting some help from the Legislature, which enacted a bill that follows up on State House action taken last year. A bill signed by Gov. John Baldacci clarifies the process...
Maine Gov. Baldacci Proposes Self-Insurance for Dirigo Health Plan
Mar 17 2006 // Maine Gov. John Baldacci this week proposed a major change in the structure of Dirigo Health, his prized program which is developing into one of the most contentious issues in the young gubernatorial campaign. Baldacci...
Maine Panel Endorses Mandatory Sentences for Repeat Bad Drivers
Mar 16 2006 // A proposal to curb Maine’s worst drivers moved forward this week in the Maine Legislature as a committee gave its solid endorsement to “Tina’s Law,” which is named for a woman killed in an accident...
Retired Maine Business Executive Alleges Financial Malpractice
Mar 14 2006 // A retired business executive’s lawsuit accusing bank officials of giving him bad financial advice that cost him millions of dollars went to trial in Portland, Maine this week. Darrell Mayeux, who filed the suit in...
ME James Surplus Adds New Package for Off Road Racers
Mar 14 2006 // Michael E. James, president of Alpine, Calif.-based M.E. James Surplus Lines Insurance Brokerage Inc. and off road racer, is offering a comprehensive liability insurance package designed especially for off-road racers in...
Thomas Named VP at TD Banknorth Insurance in Maine
Mar 9 2006 // Kip A. Thomas has been promoted to assistant vice president in the Personal Lines Division at TD Banknorth Insurance Agency, Inc. in South Portland, Maine. A private client insurance agent, he will be responsible for high...
New Markets
Feb 20 2006 // Universal ExcessNuts & Bolts: The Hartford Financial Services Group Inc. introduced Universal Excess, a new excess insurance policy that fits firmly over directors and officers, fiduciary, employment practice,...
Maine School Settles Over Death of Cross Country Runner
Feb 7 2006 // A Maine lawsuit brought by the mother of a 14-year-old runner who died while competing in a cross-country race has ended in a $100,000 settlement. School Adminstrative District 34 agreed to the settlement with the estate...
Business Moves
Jan 22 2006 // Bollinger, MLW Services Bollinger Inc. has acquired MLW Services Inc. of New York. The principals of MLW, Andrew Marks, president and CEO, Bert Linder, executive vice president and Chuck Weisblum, chairman, will continue...
