Maine News

Colonial Names Dave Rather VP Sales for Northeast

Colonial Life & Accident Insurance Co. announced that Dave Rather has been named Vice President of Sales for the Northeast region, including Maine, New Hampshire, Vermont and New York. He’ll also be responsible for Colonial’s public sector business in Rhode …

Officials Begin to Assess the Damage as Smoke Clears, Casualties Mount

Now that the initial damage has been done, city officials have begun the grim task of removing bodies from both towers of the World Trade Center and the Pentagon. While there have been a few stories of survivors being pulled …

OneBeacon Settles Stephen King Lawsuit

In a novel claim settlement OneBeacon Insurance Co. agreed to donate $750,000 to the hospital that cared for famed author Stephen King after he was severely injured by a van while walking along a road near his vacation home in …

INSURERS PAYING POT CLAIMS

According to an AP Online report, insurers are paying out claims to a growing number of medical marijuana users whose backyard pot plants were stolen by thieves or confiscated by police. The payouts are not based on the street value …

Insurers Paying Claims for Losses of Medical Marijuana

According to an AP Online report, insurers are paying out claims to a growing number of medical marijuana users whose backyard pot plants were stolen by thieves or confiscated by police. The payouts are not based on the street value …

InsuranceNoodle Joins with Woolard Gioia Blundell Associates to Develop Products

InsuranceNoodle, an online distributor of small business insurance through independent agencies, has engaged Woolard Gioia Blundell Associates as a strategic partner to assist in developing specifications for a range of new products to complement its current line-up of commercial insurance …

The DeWolfe Companies Announces Acquisition of Insurance Portfolio from Aon

The DeWolfe Companies Inc., the largest provider of residential homeownership services in New England, announced an agreement to acquire a portfolio of more than 9,000 personal insurance accounts from Aon Private Risk Management Insurance Agency, Inc. The acquisition will be …

Fireman’s Fund Liberalizes Scheduled Valuable Possessions as Convenience to Vacationing Shoppers

Fireman’s Fund Insurance Company announced it has liberalized its Scheduled Valuable Possessions coverage to afford affluent clients greater convenience and extra protection without extra cost when insuring valuables, such as jewelry, fine art, collectibles, silver and the like. According to …

Motor Club of America Renamed – Now

New Jersey-based Motor Club of America announced that it had completed a name and identity change. Effective July 1 it will be known as Preserver Group, Inc., and will trade on the Nasdaq under the symbol “PRES.” “This is a …

Midland Subsidiary and Amica Mutual form Strategic Alliance

The Midland Company, based in Cincinnati, Ohio announced that American Modern Insurance Group, its wholly owned specialty insurance subsidiary, has formed a strategic alliance with Amica Mutual Insurance Company, the nation’s oldest mutual insurer of automobiles. The alliance allows Amica …