Latest Maine Headlines
All the headlines from our Maine Topic Page, ordered by recency.
Koken Named NAIC President; Ario Elected VP
Sep 13 2004 // Members of the National Association of Insurance Commissioners (NAIC) have elected a slate of three new officers in interim elections held during the 2004 NAIC Fall National Meeting. Pennsylvania Insurance Commissioner...
Toronto Bank Buying Majority of Banknorth
Sep 2 2004 // Officials at Banknorth Group, Inc. (NYSE: BNK) of Portland, Maine, and TD Bank Financial Group (TDBFG) of Toronto announced that they have signed a definitive agreement for TDBFG to acquire 51 percent of the outstanding...
Maine, Anthem Agreement on Dirigo Sets Stage for Universal Health Plan Sales in Oct.
Aug 24 2004 // The state of Maine and Anthem Blue Cross and Blue Shield have negotiated an agreement that will allow the state to begin offering its Dirigo universal health plan to uninsured residents this fall. DirigoChoice could be on...
ICT Symposium Focused on Regulation, State of the Market and More
Aug 23 2004 // Attendees at the 12th Annual Mid-Year Property and Casualty Symposium presented in July by the Insurance Council of Texas and the Association of Fire and Casualty Companies in Texas (AFACT) were treated to a series of...
Maine Supreme Court Rules on Workers’ Comp Board Evidence Admission Standards
Jul 30 2004 // The Maine Workers Compensation Board is not subject to the more strict rules of evidence governing other courts and should be open to evidence from a variety of sources so long as it is sufficiently reliable, the state...
Prime Enters Maine Surplus Lines Market
Jul 16 2004 // The Prime Insurance Syndicate Inc. said that it has received approval to write surplus lines insurance business in the state of Maine effective July 2, 2004. Prime, which offers solutions for hard-to-place risks, will...
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...
