Maine News

Liberty Mutual Agency Markets Appoints Northeast Management

Safeco Insurance and Peerless Insurance – Liberty Mutual Agency Markets companies – have announced key management appointments in personal and commercial lines operations for the Northeast Victor M. Pepin has been named vice president, Safeco Insurance, and Northeast regional general …

Minor Earthquake Felt in Maine

People in western Maine were given a slight jolt Thursday when a minor earthquake struck in Rumford. According to the Weston Observatory at Boston College, the earthquake happened at 5:26 a.m. and had a magnitude of 2.2. Michael Hagerty of …

New Restrictions in Effect for Maine Driver’s License Applicants

The second of two state laws adopted in April to tighten regulations for getting a driver’s license goes into effect today in Maine. Secretary of State Matthew Dunlap called a news conference Friday to raise awareness of the new requirement …

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. Employer Stop Loss Market Detail: Markel Insurance Co. provides customized stop loss solutions for sponsors …

Insurance Industry’s Political Contributions to Democrats Spike in 2008

Political contributions to Democratic candidates in the 2008 election spiked more than 10 percent overall, according to data from the Center for Responsive Politics, a nonpartisan, independent research group that tracks money in U.S. politics and its effect on elections. …

Group Rates States on Consumer Insurance Information on Web

A national consumer group says state insurance departments vary in the quality of the information they provide consumers online, with only six states doing an excellent job. State insurance department websites in 6 states were found to be “excellent” in …

Bright Spots and Challenges Go Hand in Hand in Louisiana

Despite the challenges faced by the state of Louisiana since Hurricanes Katrina and Rita wrought their havoc in 2005, there are bright spots in the state’s property casualty insurance industry, says Louisiana Commissioner of Insurance Jim Donelon. The workers’ compensation …

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. Eliminate Forced Placed Coverage Market Detail: John-Galt (SafetyNet) introduces a new insurance product eliminating force-placed …

Insurance Affordability: Three East Coast Regulators Weigh In

For many East Coast homeowners, the difficulty lies not in finding insurance, but paying for it. And that so-called affordability problem affects nearly every state along the coastline. Given their recent history with hurricanes, Gulf Coast states like Florida and …

North Dakota Workers’ Comp Law Deemed ‘Conservative’ on Claims

North Dakota’s workers’ compensation law is relatively tightfisted in paying claims from workers whose job injuries can be blamed on previous hurts and natural body aging, a consultant says. The state’s Workforce Safety and Insurance (WSI) agency has become more …