Latest Maine Headlines

All the headlines from our Maine Topic Page, ordered by recency.

Acadia President Receives ICT’s Raymond Mauk Award

Jul 16 2004 // The Insurance Council of Texas (ICT) presented Bill Thornton, president of Acadia Insurance Company in Westbrook, Maine, with the Raymond Mauk Leadership Award at the ICT’s 12th Annual Mid-Year Property and Casualty...

Maine Changes Licensing Exam Provider

Jun 16 2004 // As of July 1, 2004, Maine resident insurance producers, consultants, and adjusters will be taking their licensing examinations through a new testing provider. The Bureau of Insurance has awarded a three year testing...

Maine Hopes Resource List Will Aid Homeowners

Jun 1 2004 // Maine Superintendent of Insurance Alessandro A. Iuppa has announced a new resource to assist property owners who have had difficulty obtaining insurance for specific types of residential property insurance risks. “It...

Anthem May Be Sole Biddder on Maine’s Dirigo

May 28 2004 // Anthem Blue Cross and Blue Shield of Maine has emerged as a possible sole bidder to provide coverage under Maine’s Dirigo Health Program. But Anthem, the only one of five insurance companies that expressed an...

Maine Joins Interstate Regulatory Compact

May 18 2004 // Maine Superintendent of Insurance Alessandro A. Iuppa reported that Maine has become the sixth state to join the Interstate Insurance Product Regulation Compact Commission, a commission which has been developed by the...

Maine Seeks Health Vendor:

Apr 19 2004 // Maine’s Dirigo’ board has voted to seek bidders interested in making its universal health coverage available. The state-private venture is considered the nation’s most far-reaching attempt at universal...

Maine Agents Told Markets, InsurBanc, IIABA Enjoying Spring Growth

Apr 19 2004 // Speakers at this year’s annual meeting of the Maine Insurance Agents Association didn’t let a sneaky spring snowfall get them down as they issued positive reports on markets, products, association business and...

Maine High Court Upholds Insurer for Non-Renewing Homeowners Policies Over Day Care in Home

Apr 12 2004 // The Maine Supreme Court has upheld the right of an insurer not to renew a homeowners policy for insureds operating at-home day care centers, even though the operators had a separate commercial policies for their...

Maine Market Assistance Bill Close to Signing

Apr 6 2004 // Legislation paving the way for a voluntary market assistance plan (MAP) for homeowners insurance, which would be succeeded by a mandatory plan if the volunteer route failed, is close to becoming law in Maine. The proposed...

People and Places

Apr 5 2004 // Grace Marrano The Protector Group Insurance Agency of Worcester, Mass., has three new additions to its management staff. Grace H. Marrano is the new employee benefits manager. She is responsible for managing employee...

OneBeacon Expands Auto Product for Maine Drivers

Apr 2 2004 // The family with a car each for dad, mom, the college sophomore and the high-school senior. The tenant in apartment 2B who’s never had a ticket or an accident in 20 years of driving. The distracted shopper who backed...

Maine Panel Advances WC Board Restructuring

Mar 31 2004 // The Maine Legislature’s Labor Committee has reported unanimous support to pass a bill proposed by Governor John Baldacci that will amend the structure of the state’s Workers’ Compensation Board. Frequent...

MAINE REAPPOINTS IUPPA:

Mar 22 2004 // Maine Gov. John E. Baldacci has reappointed Alessandro A. Iuppa as superintendent of the Maine Bureau of Insurance. The bureau is responsible for overseeing the 950 insurance companies and 35,000 agents licensed to do...

Maine Governor Unveils Plan to Revamp Gridlocked Workers’ Comp Board

Mar 17 2004 // Flanked by the presidents of the Maine AFL-CIO and Maine State Chamber of Commerce, Governor John E. Baldacci on March 16 unveiled legislation to restructure the Maine Workers’ Compensation Board. The goal of the...

Maine Governor Reappoints Iuppa as Insurance Superintendent

Mar 1 2004 // Maine Governor John E. Baldacci has reappointed Alessandro A. Iuppa as superintendent of the Maine Bureau of Insurance. The bureau is responsible for overseeing the 950 insurance companies and 35,000 agents licensed in...

Maine Governor’s Proposal Draws PCI, AIA Fire

Feb 24 2004 // The Property Casualty Insurers Association of America and the American Insurance Association both expressed concerns over a bill proposed by Maine’s Governor John Baldacci, which the PCI says will “further...

AIA Supports Maine Building Code

Feb 16 2004 // The American Insurance Association announced that it supports the efforts of the Maine Legislature’s Business Research and Economic Development Committee to implement a statewide building code. “Uniform...

PCI Disappointed with Maine’s Failure to Reform Fire Policy on Terrorism

Feb 6 2004 // The Property Casualty Insurers Association of America issued a bulletin stressing its disappointment with a decision by the Joint Standing Committee on Insurance and Financial Services in Maine not to support passage of...

William S. Cohen Elected to AIG Board

Feb 3 2004 // American International Group, Inc.’s Board of Directors announced the election of former United States Secretary of Defense and former United States Senator William S. Cohen as a Director. Cohen, 63, is currently...

PCI Concerned with Restrictive Measures Under Consideration in Maine

Jan 27 2004 // Efforts to enact legislation reportedly restricting the ability of insurers to operate in a competitive fashion in the Maine homeowners insurance market are being met with concern by the Property Casualty Insurers...