Latest Maine Headlines
All the headlines from our Maine Topic Page, ordered by recency.
MEMIC to Issue $16M in Dividends to Maine Policyholders
Oct 11 2013 // Workers’ compensation insurer The MEMIC Group announced this week that policyholders of its Maine-based company, Maine Employers’ Mutual Insurance Company (MEMIC), will receive dividend checks totaling more...
Allstate Plans to Hire New Agents in Penn., Conn., Maine, R.I., N.H.
Sep 30 2013 // Allstate Insurance Company announced last week that the company is planning to hire new insurance agents in Pennsylvania, Connecticut, Maine, Rhode Island and New Hampshire. The insurer would hire approximately 455 new...
Maine Officials Warn Consumers About Scammers Using Health Reform Law
Sep 26 2013 // Maine’s Insurance Superintendent Eric Cioppa and Gov. Paul R. LePage are warning the public about scams related to the federal health reform law (ACA). Officials say various schemes have been reported throughout the...
Railway in Quebec Train Disaster Gets Canada Bankruptcy Protection
Aug 9 2013 // The U.S. railway whose runaway train killed 47 people in a tiny Quebec town last month was granted bankruptcy protection from a Canadian court on Thursday and took steps in that direction in a U.S. court as well. Montreal...
Oil Explosion in Quebec Train Crash ‘Abnormal’ Says Investigator
Aug 2 2013 // As investigators seek reasons for the deadly train crash in Lac-Megantic, Quebec, last month and the huge “abnormal” fire it caused, they are focusing on the nature of the fuel cargo as well as the brakes,...
U.S. Safety Rule for Oil Trains Delayed for Year
Jul 31 2013 // The Obama administration has delayed by nearly a year a plan to boost safety standards for the type of rail car involved in a fiery explosion that killed at least 47 people in Canada this month. Officials began work on the...
Little Advertising in Maine for Health Care Law
Jul 25 2013 // Some states are gearing up to help get the word out about the new federal health care law, but Maine officials are taking a more hands-off approach. Maine’s community groups and health centers are getting about $2...
Guy Carpenter Acquires Maine-Based Disability Reinsurance Risk Manager
Jul 8 2013 // Guy Carpenter & Co. LLC, a global risk and reinsurance intermediary division of N.Y.-headquartered Marsh & McLennan Companies, announced last week its acquisition of Smith Group, a disability reinsurance risk...
Five Dead, 40 Missing After Crude Oil Freight Train Explosion in Canada
Jul 7 2013 // At least five people died and 40 were missing on Sunday after a runaway train carrying crude oil derailed and exploded in the center of a small Canadian town in a disaster that raised fresh questions about shipping oil by...
Maine Cancer Patient Gets $200K for Misdiagnosis
Jun 17 2013 // A Maine man who was told he had only months to live because of an aggressive Stage 4 pancreatic cancer is still alive more than four years later. And a jury has awarded him $200,000 for the doctor’s misdiagnosis. It...
Veto of Maine Workplace Bullying Bill Upheld
Jun 11 2013 // Maine Gov. Paul LePage’s veto of a bill aimed at bullying in the workplace will stand. The Maine House of Representatives last week voted 87-56 to sustain the governor’s veto, short of the two-thirds majority...
Maine Highway Deaths Down From 2012
Jun 10 2013 // Highway safety officials say traffic deaths are down in Maine. The Maine Bureau of Highway Safety says 42 people have died on Maine roads so far this year. There were 53 deaths at this time last year. But officials caution...
Maine Legislature Votes Down Vacant Property Insurance Bill
May 21 2013 // The Maine Legislature last week voted down a bill that sought to place stricter requirements on home insurers’ use of exclusions for losses on vacant homes. The bill LD 1413 (“An Act to Clarify Limitations on...
Business Moves
Apr 22 2013 // Tower Group, Canopius Tower Group Inc. closed its merger with Canopius Holdings Bermuda Ltd. Tower becomes an indirect, wholly-owned subsidiary of Canopius Bermuda, which will change its name effective at the closing to...
Maine-Based Agencies Turner Barker, Clark Insurance to Merge
Apr 4 2013 // Turner Barker Insurance, a Portland, Maine-based agency which had been a wholly owned subsidiary of Gorham Savings Bank for the past dozen years, will soon merge with Clark Insurance, an agency also based in Portland....
MEMIC Group Appoints Manager of Maine Advocate Operations
Apr 2 2013 // The MEMIC Group, a workers’ compensation insurer headquartered in Portland, Maine, announced the promotion of Troy McLain to manager of Maine advocate operations.Troy McLainMcLain began at MEMIC in 1997, serving as a...
Maine, Rhode Island Granted Disaster Aid for February Storm
Mar 27 2013 // Maine will be eligible for federal help to cover the costs of a blizzard that hit in early February. President Barack Obama on Monday approved Gov. Paul LePage’s request for a disaster declaration. The declaration...
Mainers Urged to Consider Flood Insurance
Mar 18 2013 // State officials are urging Mainers to consider buying flood insurance if their home or business is located close to a body of water. The Maine Floodplain Management Program says standard home- and business-owners’...
Maine’s Cross Insurance Appoints Vice President of Commercial Lines
Mar 6 2013 // Cross Insurance, a subsidiary of Bangor, Maine-based Cross Financial Corp. and one of the largest independent insurance providers in New England, hired Michael Dufour as vice president of commercial lines at the...
Bill to Mandate Motorcycle Helmets Aired in Maine
Feb 15 2013 // The latest proposal to again make helmet use mandatory for all Maine motorcyclists was couched Tuesday, Feb. 12, by supporters as a public safety issue and by opponents as a matter of personal freedom. Medical groups...
