Maine News

Anti-Fraud Group Urges Maine to Fight Insurance Fraud

An national advocacy group is urging lawmakers in Maine to create an insurance fraud bureau. The Pine Tree State, according to the Coalition Against Insurance Fraud, has the highest per-capita rate of insurance fraud in America and should act to …

Maine Seat Belt Use on the Rise

More Mainers are buckling up while behind the wheel. According to the National Highway Traffic Safety Administration, seat belt use in Maine rose to 83 percent of drivers last year. That was up from 79.8 percent in 2007. Five years …

Maine Condo Groups Seek Relief for Unpaid Fees

With more condominium owners defaulting on their mortgages, condo associations in Maine are seeking relief. When condos are foreclosed upon and their owners leave, the other condo owners are left to pick up the tab for monthly fees that are …

Former Maine CEO in Hot Seat over AIG Bonuses

The public outrage aimed at American International Group over bonuses given to its executives has reached the man whose committee approved the payouts: James F. Orr, former chief executive officer of Unum Corp. The Portland Press Herald said leaders of …

$930,000 Total amount of fines and restitution paid by Boston-based Liberty Mutual Insurance Cos. after a market conduct exam by the Connecticut Insurance Department. The report found five Liberty Mutual subsidiaries had overcharged more than 3,600 auto insurance customers, settled …

My 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. Child Welfare Organizations Market Detail: Markel Insurance Co. offers agents access to a program for …

N.H. Receives Lowest Crime Ranking; Nevada Ranks as Worst State

Three northeast states have the lowest crime rate, while Nevada, Louisiana and South Carolina have the highest crime rate, according to a new study. New Hampshire (1) received the lowest crime rate ranking again this year, followed by Vermont (2) …

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. Misc. Medical Malpractice Market Detail: NAS Insurance Services Inc. gives agents the ability to provide …

Maine Wants Crack Down on Impaired Snowmobile, ATV Operators

A bill to crack down on impaired operators of boats, snowmobiles and all-terrain vehicles in Maine proposes lifting motor vehicle licenses of offenders. The Criminal Justice and Public Safety Committee scheduled a hearing on the bill Monday. It would allow …

It Figures

$72 Million Fine to be paid by General Re Corp., to settle investor claims about its role in a fraudulent transaction involving American International Group Inc. The case centered on a transaction that investigators say allowed AIG to improperly boost …