Latest Maine Headlines
All the headlines from our Maine Topic Page, ordered by recency.
Maine’s MEMIC Group Announces Senior Promotions
Apr 23 2015 // The MEMIC Group, a workers’ compensation insurer based in Portland, Maine, announced the following senior promotions. Gregory Jamison has been promoted to senior vice president of underwriting. A 29-year veteran of...
Maine’s MEMIC Promotes McGarvey to Chief Operating Officer
Apr 8 2015 // Daniel J. McGarvey The MEMIC Group, a workers’ compensation insurer based in Portland, Maine, promoted Daniel J. McGarvey to the newly created position of chief operating officer. McGarvey is based in The MEMIC...
Maine Workers’ Comp Loss Cost Increases
Apr 1 2015 // The National Council on Compensation Insurance’s (NCCI) filing for the overall average workers’ compensation loss cost level change of +2.6 percent in Maine took effect on a new and renewal basis as of April...
Clark Insurance Hires Joy as Director of Employee Benefits Services in Maine
Mar 24 2015 // Clark Insurance has hired Christopher Joy to fill the newly created position of director of Employee Benefits Services in the Portland, Maine, office. With more than 15 years of experience in the benefits realm, Joy will...
Clark Insurance Names Ramsdell Senior VP in Maine
Mar 16 2015 // Lee Ramsdell The Board of Directors at Clark Insurance has elected Lee Ramsdell to the position of senior vice president. Ramsdell was previously vice president and also serves as corporate secretary. He is based in...
Maine Senators, LePage Seek Federal Aid After Winter Storm
Mar 11 2015 // Maine Sens. Susan Collins and Angus King are joining Republican Gov. Paul LePage in urging the federal government to provide assistance to towns still grappling with the costs of the January blizzard. Collins and King are...
Business Moves
Feb 23 2015 // Majesco, Agile Insurance technology firm Majesco has completed the acquisition of the insurance business of Agile Technologies, a technology consulting firm with revenues of more than $9 million. Terms of the deal were not...
Snowbound Boston Area Braces for Collapsing Roofs as Rain Comes
Feb 20 2015 // The latest menace dealt by New England’s historic snowbound winter — the creak, crack and boom of collapsing roofs — may get worse as the region heads into a weekend forecast of rain. Rooftops, especially...
What Will States Do If Court Kills Health Insurance Subsidies?
Feb 19 2015 // Five Republican state governors say they will not rescue a crucial part of Obamacare if it is struck down by the Supreme Court, underlining the prospect for a chaotic aftermath to a ruling that could force millions of...
Maine Business Faces $100K Federal Fines for Alleged Safety Violations
Feb 13 2015 // An Auburn, Maine, company that makes automotive fabric products is facing more than $100,000 in federal fines for allegedly putting its employees in harm’s way. The Occupational Safety and Health Administration on...
Affordable Care Act Startups in Poor Financial Health
Feb 10 2015 // Obamacare’s startup health insurance plans are flirting with financial distress, as all but five of the 23 nonprofit companies had negative cash flow from operations in the first three quarters of 2014, Standard...
Business Moves
Feb 9 2015 // AssuredPartners, Omni Risk AssuredPartners Inc. has acquired Omni Risk Management and Omni Benefits in Smithtown, N.Y. The firm specializes in coverage for commercial insurance with a specialty in construction coverage,...
Few Claims Reported From Winter Storm Juno
Feb 9 2015 // Winter Storm Juno – a blizzard that swept through the Northeast during the last week of January and brought record and near-record snowfalls and high winds – has resulted in relatively few insurance claims so...
Few Claims Reported From Winter Storm Juno
Feb 2 2015 // Winter Storm Juno — a blizzard that swept through the Northeast during the last week of January and brought record and near-record snowfalls and high winds — has resulted in relatively few insurance claims so...
AIR Worldwide Reports on This Week’s Northeast Blizzard
Jan 29 2015 // A blizzard in the Northeast this week primarily impacted eastern Long Island in New York, southeastern Connecticut, Rhode Island, eastern Massachusetts and Cape Cod and the islands, New Hampshire, and Maine, with record...
United Insurance Acquires Shiretown Agency in Maine
Jan 28 2015 // United Insurance, an independent insurance agency headquartered in Falmouth, Maine, announced the acquisition of the Shiretown Agency in Farmington, Maine. Terms of the transaction were not disclosed. United Insurance has...
Clark Insurance Acquires James L. Cooney Agency in Massachusetts
Jan 27 2015 // Clark Insurance, an employee-owned independent insurance agency with offices in Maine and New Hampshire, has acquired the James L. Cooney Insurance Agency of Lowell, Massachusetts. Terms of the transaction were not...
Workers’ Comp Upheld for Maine Man Who Died on Treadmill
Jan 26 2015 // Maine’s highest court on Jan. 22 upheld workers’ compensation benefits for the widow of a Salvation Army portfolio manager who died from a heart attack on a treadmill while monitoring the financial markets on...
Maine Expresses Opposition to OSHA’s SHARP Program Changes
Jan 23 2015 // Maine’s Commissioner of Labor Jeanne Paquette said in a statement Wednesday that the state’s Department of Labor is opposed to the Occupational Safety and Health Administration’s (OSHA) changes to the...
Maine Bureau of Insurance Recovered $3.4M for Consumers in 2014
Jan 21 2015 // Maine Insurance Superintendent Eric Cioppa said the state Bureau of Insurance recovered nearly $3.4 million on behalf of Maine consumers and businesses in 2014. More than $2.4 million was recovered for consumers by the...
