Latest Maine Headlines
All the headlines from our Maine Topic Page, ordered by recency.
TD Banknorth Acquires Me.’s Boothby & Bartlett Agency
Jan 2 2006 // TD Banknorth Inc. has finalized its acquisition of the business of Boothby & Bartlett Company, a 145-year old Central Maine insurance agency in Waterville, through its insurance subsidiary, TD Banknorth Insurance...
People & Places
Jan 2 2006 // Brent Jenkins Crump Insurance Services of Texas Inc. appointed three new members to the Dallas property/casualty brokerage team: Brent Jenkins, Stephanie Murillo and Matt Sheehan. Additionally, Elizabeth Wafer has joined...
People
Jan 1 2006 // Crump Insurance Services of Texas Inc. appointed three new members to the Dallas property/casualty brokerage team: Brent Jenkins, Stephanie Murillo and Matt Sheehan. Additionally, Elizabeth Wafer has joined the P/C team at...
From New England to Virginia, Courts Made Insurance Headlines in 2005
Dec 30 2005 // From Maine to Virginia, many of the insurance headlines in 2005 dealt with compensation and reinsurance probes, just as they did across the country, casting the industry’s reputation in a bad light. But much of the...
Maine Health Insurers File Second Suit to Block Dirigo Fees
Dec 23 2005 // A dispute between the health insurance industry and Maine’s Dirigo Health program continues to escalate, as a trade group representing four large health insurers files a second lawsuit against the 2-year-old...
Me.’s Collins, Conn.’s Lieberman Push Tougher Chemical Plant Safety
Dec 22 2005 // Oil-storage tanks in South Portland and paper mills in other parts of Maine would be among the facilities subject to additional safety standards if federal legislation to be introduced this week is enacted. U.S. Sen. Susan...
State Commissioners Elect Maine’s Iuppa as President
Dec 19 2005 // Members of the National Association of Insurance Commissioners have elected Maine Insurance Superintendent Alessandro Iuppa as president. They also elected regulators from Alabama, Kansas and New Mexico to key positions at...
In Chicago, State Commissioners Elect Maine’s Iuppa as President
Dec 19 2005 // In Chicago, State Commissioners Elect Maine’s Iuppa as President Members of the National Association of Insurance Commissioners elected Maine Insurance Superintendent Alessandro Iuppa as president at their winter...
State Commissioners Elect Maine’s Iuppa as President
Dec 18 2005 // Members of the National Association of Insurance Commissioners have elected Maine Insurance Superintendent Alessandro Iuppa as president. They also elected regulators from Alabama, Kansas and New Mexico to key positions at...
In Chicago, State Commissioners Elect Maine’s Iuppa as President
Dec 18 2005 // Members of the National Association of Insurance Commissioners elected Maine Insurance Superintendent Alessandro Iuppa as president at their winter meeting in Chicago. In other business, the NAIC awarded the insurance...
Maine Allows 1.2% Workers’ Comp Rate Hike Starting in Jan.
Dec 15 2005 // The Maine Bureau of Insurance has modified the request of the industry’s National Council on Compensation Insurance for an average 1.8 percent increase in workers’ compensation rates for policy year 2006 to 1.2...
Insurers Respond to Maine Uninsured Motorist Coverage Report
Dec 13 2005 // Maine’s Bureau of Insurance has characterized legislation drafted by the National Association of Mutual Insurance Companies to correct a state Supreme Judicial Court decision regarding mandated uninsured motorist...
National Assoc. of Insurance Commissioners Elects Officers
Dec 8 2005 // Members of the National Association of Insurance Commissioners elected regulators from Maine, Alabama, Kansas and New Mexico as the organization’s 2006 officers during the Association’s Winter National...
Business Moves
Dec 4 2005 // TD Banknorth, Boothby & Bartlett TD Banknorth Inc. is expanding its insurance presence in central Maine by purchasing Boothby & Bartlett Company, a community insurance agency in Waterville, Maine. The acquisition...
Health Insurers Appeal Maine Universal Health Plan Funding
Nov 30 2005 // A health insurance industry group this week appealed a state regulatory decision that provides a critical source of funding for Maine’s Dirigo universal health insurance program. The Maine Association of Health Plans...
TD Banknorth Buying Central Maine’s Boothby & Barlett Insurance Agency
Nov 28 2005 // TD Banknorth Inc. announced is expanding its insurance presence in central Maine by purchasing Boothby & Bartlett Company, a community insurance agency in Waterville, Maine. The acquisition is scheduled to close in...
Injured Maine Engineer’s $5M Jury Award Reduced to $3.25M
Nov 28 2005 // A federal jury has awarded a former marine engineer from Waterville, Maine whose fall on the job left him a paraplegic more than $5 million, but then reduced the award after determining his negligence was a factor in the...
Maine Business Owner Gets Jail for Falsifying Fire Extinguisher Tests
Nov 28 2005 // The owner of a fire equipment company in Buxton, Maine has been sentenced in U.S. District Court to two months imprisonment for his role in falsifying fire extinguisher tests. Dale Nason, 49, who pleaded guilty last summer...
Maine Employers Mutual Rewards Employers with $4 Million in Dividends
Nov 8 2005 // This week, Maine’s largest workers’ compensation insurer Maine Employers’ Mutual Insurance Company (MEMIC) is mailing $4 million in dividends to its policyholders for performance in 2002. More than 19,500...
Maine Dirigo Found to Save $44 Million; Governor Claims Victory
Nov 1 2005 // Maine Gov. John Baldacci has applauded a ruling by Maine’s top insurance regulator that found $43.7 million in first-year savings from Dirigo Health, a state-subsidized program designed to provide health coverage to...
