Maine News

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. Insurance Intermediary E&O Market Detail: Quadrant Insurance Managers makes available a professional liability program designed …

Maine Court Asked to Nix Church Immunity in Abuse Case

Maine’s supreme court is being asked to overturn the concept of charitable immunity in a church abuse lawsuit. A lawyer told the Maine Supreme Judicial Court that the Roman Catholic bishop knew the Rev. Raymond Melville had “pedophilic tendencies” when …

Maine Investigators Seek Arsonist

Fire investigators say they have questioned a “person of interest” in a weekend arson fire in Milo, Maine that burned a large portion of the town’s downtown. But no arrests have been made in the Sunday morning fire that spread …

Ward Named to Lead Iroquois Network Expansion in New England

The Iroquois Group network of independent property/ casualty insurance agencies is planning to grow in the six New England states. Matt Ward has been named to direct the New England expansion with an expanded management team. Ward has been with …

Insurance Trade Group Honors U.S. Sen. Collins of Maine

The National Association of Mutual Insurance Companies (NAMIC) named Sen. Susan M. Collins, R-Maine, as its Federal Legislator of the Year. “Senator Collins has a great understanding and appreciation of the property/casualty insurance industry, which she gained while serving as …

The Rise… and Fall… of Workers’ Compensation Second Injury Funds

Second (or subsequent) injury funds (SIF’s) have been abolished in 19 states. Alabama and Maine began this movement in 1992, with Arkansas and New York being the most recent converts; each ending its respective program in 2007. Some states, such …

Speak Up if You Care …

The Case for Risk Management and Insurance Education If you’re like most insurance firms, your workforce is aging. Or, as a friend of mine recently put it, “There’s a lot of gray hair in the room.” Not that there’s anything …

Fires Bring Calif. to the Brink; Schwarzenegger Proposes Insurance Surcharge

Faced with hundreds of big, hard-to-control blazes, California is struggling with what could be its most expensive firefighting season ever, burning through $285 million in the past two months alone and up to $13 million a day. With the worst …

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. Commercial Property Market Detail: RISC brings to market a commercial property program designed for a …

New Markets

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. Builders Risk and Affiliated Exposures Market Detail: Atlantic Risk Specialists (www.arspecialists.com) brings builders …