Maine News

States promise quicker insurance product, filing approval under new system with Interstate Compact

State regulators have reached a milestone in their efforts to streamline product regulation, with a centralized approval system for certain life and financial products on the verge of becoming reality. After three years of lobbying, the required number of states–26–has …

Colorado State University Team Predicts Fewer Hurricanes Will Make Landfall

The U.S. Atlantic basin is likely to experience another active hurricane season, but coastal regions may face fewer land-falling major hurricanes than last year, according to Prof. William Gray and the Colorado State University forecast team. The team maintained its …

Study: 18 Million Americans May Be Unfit for Roads

Results from the second annual GMAC Insurance National Drivers Test suggest licensed Americans lack basic driving knowledge and exhibit alarming behaviors on the road. The study revealed that one in eleven drivers–nearly 18 million people–would fail a state drivers test. …

Maine’s Cleaves Named FEMA Director for New England

Maine Emergency Management Agency Director Arthur Cleaves is leaving his state post become New England director of the Federal Emergency Management Agency. Gov. John Baldacci announced Cleaves’ departure last Friday. Word of Cleaves’ move had circulated during the week as …

Federal Disaster Aid Available for Flood Victims in Mass., N.H. and Maine

The head of the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) announced that federal disaster aid has been made available in Massachusetts, New Hampshire and Maine to help people and communities recover from the effects of severe …

States Promise Quicker Insurance Product Approvals Under New System

State regulators have reached a milestone in their efforts to streamline product regulation, with a centralized approval system for certain life and financial products on the verge of becoming reality. After three years of lobbying, the required number of states …

Big “I” Says: Trusted Choice Brand Reaches 6,000th-Agency Milestone

Trusted Choice, the consumer marketing brand for independent insurance agencies and brokerage firms, has reached its 2006 goal of 6,000 participating agencies eight months ahead of schedule, according to a news release issued the Independent Agents and Brokers of America. …

Ticket Warning: Rural Young Men in Pickups Least Likely to Buckle Up

Seat belt use is reaching record levels, so just who are the holdouts who fail to buckle up? Often they are young men who live in rural areas and drive pickups, the government says. About 48 million people do not …

New England Flood Damage Estimates Rising But Most Lack Insurance

Receding flood waters revealed deep economic damage that hit a broad range of New Englanders — from homeowners who must dry out soggy carpets and replace rotted beams without help from flood insurance, to shopkeepers and industrial employers trying to …

Rains, Floods Place Southern New England In State Of Emergency

More than five straight days of rain have flooded homes, businesses and roads, swelled riverbanks and placed a number of dams in southern New England under strain. The governors of Massachusetts, Maine and New Hampshire have declared states of emergencies. …