June 1, 2009
Only those customers who weren’t reimbursed for fraudulent charges may sue the Hannaford Bros. supermarket chain over a data breach that exposed 4.2 million credit and debit card numbers to computer hackers, a federal judge has ruled. The decision by …
June 1, 2009
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. Staffing Firms Market Detail: World Wide Specialty Programs was founded 40 years ago to provide …
June 1, 2009
Why Market Blocking Is Not Best for the Consumer or the Industry The insurance business needs to lose a vestige of the insurance marketplace of the last century. Let’s become more friendly to competition and the free market. For my …
June 1, 2009
Insurance giant Allstate Corp. is closing its claims office in South Portland, a move that affects 55 people. Company spokesman Mike Siemienas said Wednesday the shutdown will take place by July 31 and is part of a consolidation of claims …
June 1, 2009
AIG American International Group has signed an agreement to sell its prime real estate holding in Tokyo for approximately $1.2 billion to Nippon Life Insurance Co. The property includes approximately one acre of land on which The AIG Otemachi Building …
May 27, 2009
The former owner of a St. Joseph, Mo., tannery that is being sued over health concerns acknowledged that the plant used a cancer-causing chemical, but he said the tanning process posed no danger to the public. The former Prime Tanning …
May 27, 2009
Westbrook, Maine-based Acadia Insurance Co. will begin offering specialized insurance coverage for the self-storage industry throughout New England and New York. “Self-storage facilities provide an essential service to the public, whether people need temporary storage solutions between moves or additional …
May 22, 2009
Investigators say a propane leak was the cause of a weekend explosion that leveled a house in Bridgton. Officials say the house exploded around 1 p.m. Sunday while the homeowner was sitting outside after taking his dog for a walk. …
May 22, 2009
Tim Schott has been named deputy superintendent of the Maine Bureau of Insurance. Schott has been a county attorney in Webster County, Iowa since 2002, and has over a decade of prosecutorial experience – felony and misdemeanor cases – as …
May 20, 2009
Northeast Bank Insurance Group has expanded its presence in Southern Maine, adding Goodrich Insurance Associates of Berwick to the list of what is now eight agencies the bank has acquired in the last two years. In connection with the acquisition, …