Maine News

Gulf Coast Oil Spill Compared to Category 5 Hurricane

What makes an oil spill really bad? Most of the ingredients for it are now blending in the Gulf of Mexico. Experts tick off the essentials: A relentless flow of oil from under the sea; a type of crude that …

People

TD Insurance Inc. in South Portland, Maine, has hired Leah K. Halsey as an account executive in employee benefits. She is responsible for working with employers throughout northern New England to design, implement and manage their various employee benefit programs. …

Obama: U.S. Faces Another Financal Crisis If Lessons Aren’t Learned

U.S. President Barack Obama will tell Wall Street Thursday to accept a sweeping bill to overhaul financial regulations, warning of another crisis unless rules are tightened to rein in the industry’s risky practices. In a speech in New York that …

Maine Company Seeks Workers’ Comp Board Receiver

One of Maine’s largest employers is asking Superior Court to appoint a receiver for the state Workers’ Compensation Board, saying it has failed to adopt a legally required medical fee schedule and that its chairman is in conflict due to …

Insurers’ Group Comments on End of Sessions in Maine, Maryland

The American Insurance Association (AIA) says the P/C industry made some positive legislative steps in Maine and Maryland this year, although the trade group says it was disappointed with a Maryland law that will raise the minimum auto liability coverage. …

Maine Workers’ Comp Board Member Pleads Guilty to Assault

Maine Gov. John Baldacci has directed his chief legal counsel to look into an assault charge against a member of the Workers’ Compensation Board. Fifty-four-year-old Anthony Monfiletto of Portland pleaded guilty last week to an incident that happened last fall …

President Obama Signs Jobless Aid, Flood Insurance Extension

Congress Thursday voted to restore jobless benefits for hundreds of thousands of Americans who had lost them during a partisan standoff in the Senate over spending. [The bill also reauthorizes the federal flood insurance program until the end of May …

Malpractice Concerns Lead to Unnecessary Health Tests, Study Says

Concerns about malpractice suits influence how often cardiologists order some potentially unnecessary tests — resulting in significant variations in healthcare use and spending across the United States, according to research reported in Circulation: Cardiovascular Quality and Outcomes, a journal of …

Maine, Vermont Tops for Low Car Insurance

People who live in northern New England have some of the lowest car insurance rates in the country. A survey by Insure.com says the lowest rates are found in Maine, followed by Vermont. New Hampshire and Massachusetts also made the …

Senate Ends Fillibuster on Jobless Benefits, Flood Insurance Program

The U.S. Senate voted Monday to end debate on a bill to extend unemployment benefits and COBRA health insurance subsidies that also includes a reauthorization of the national flood insurance program. The vote to end a Republican fillibuster was 60 …