Maine News

Maine’s United Insurance Acquires Mexico Agency from Northeast

Falmouth, Maine-based insurance agency United Insurance has acquired the Mexico Agency business from Northeast Bank Insurance Group. The Mexico Agency, which was acquired by Northeast in 2004, writes approximately $900,000 in annual premiums and employe three. James Brown, managing partner …

The Best Independent Agencies to Work For … And Why

The results are in from the “2009 Best Independent Insurance Agency to Work For” survey by Insurance Journal. The common theme resonating from the winning responses is one of family ideals. Regardless of size or geographic region, employees of the …

2009 P/C Insurance Mergers, Acquisitions Large and Small

Large insurers AIG, Farmers and The Hartford made moves in 2009, as did large brokers Marsh, Aon, Willis, Gallagher, Brown & Brown, Hub and Wells Fargo. So, too, did, many regional insurers and Main Street agencies. Here are the headlines …

Austin-Round Rock, Texas, Most Secure Large Metro Area

The central Texas area of Austin-Round Rock is the most secure U.S. community among large metropolitan areas (population of 500,000 or greater) in which to live, ccording to the sixth annual Most Secure U.S. Places to Live rankings from Farmers …

Harleysville Insurance Names Rooney As Inland Marine VP

Richard P. Rooney has been named vice president of inland marine for Harleysville Insurance’s Mid-Atlantic and Northeast regions. In this position, he oversees the company’s inland marine underwriting efforts in Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New …

Disaster Aid to New England for Ice Storm Nears $80 Million

The federal government says it distributed nearly $80 million in disaster relief funds to four New England states following a devastating ice storm a year ago. The storm of Dec. 11-12, 2008, knocked out power to an estimated 1.4 million …

Drunk Driving Death Rates Decline in 40 States

Drunken driving fatality rates have fallen in 40 states and the District of Columbia, an encouraging sign that crackdowns are improving highway safety. The Transportation Department said that 11,773 people were killed in drunken driving crashes in 2008 for a …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Campgrounds, Dude Ranches & Other Outdoors Risks Market Detail: Hull & Company Inc. has availability …

Maine Supreme Court Asked to Clarify Data Breach Law on Damages

Maine’s supreme court may have the final say over whether victims of the Hannaford supermarket chain’s data breach can sue for damages. A federal judge who’s considering a class-action lawsuit asked the Maine Supreme Judicial Court whether consumers who’ve been …

Quietest Atlantic Hurricane Season Since 2006 Ends

The Atlantic hurricane season ended this Monday with barely a whimper: Not a single hurricane came ashore in the United States. Since June, when the season began, just nine named storms developed. Only three of them became hurricanes, and those …