Maine News

MEMIC’s Prue Elected Maine CPCU President

Steve Prue has been named as president of the Maine Chapter of the Chartered Property Casualty Underwriters (CPCU) Society. Prue, an executive underwriter with workers’ compensation insurer MEMIC since 1998, attained his CPCU designation in 1995. Prior to joining MEMIC, …

Conroy Joins Acadia

Westbrook, Maine-based Acadia Insurance Co. has named Colleen Conroy vice president of marketing. Conroy has been tasked with refining Acadia’s marketing efforts in the state’s the company operates. Most recently, Conroy served as vice president for global business operations at …

Business Moves

Lockton, Schwander Insurance Services The Denver office of Lockton Companies LLC, a privately held insurance broker, acquired Schwander Insurance Services of Centennial, Colo. Schwander CEO and President Michael Schwander will become executive vice president at Lockton Denver. He and his …

Man Injured in Another Wrong-Way Crash in Maine

State police say a Waterville man was injured after crashing his car on I-95 in the latest wrong-way crash on a Maine interstate. State Trooper Jeffrey Beach says the driver, 29-year-old Richard Crowley, suffered injuries including head trauma when his …

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. Custom Home Builders Market Detail: Lemac & Associates, a division of Risk Placement Services Inc. …

Ratings: Commerce, Aspen, Med Mutual, Kodiak, Hermitage, ProAssurance, US Liability, Provident, Hereford, Polish Roman

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+ (Superior) and issuer credit ratings (ICR) of “aa-” of Commerce Group, its lead company, The Commerce Insurance Company, and four inter-company pool members. Best also affirmed the ICR …

Hurricane Forecasts Have Limited Value

They May Help the Public Think About Upcoming Storms But Forecasts Have Been Largely Misused by National Media, Says One Expert Each April, weather wizard William Gray emerges from his burrow deep in the Rocky Mountains to offer his forecast …

Hurricane Forecasts Have Limited Value for Planners, Insurers

They May Help the Public Think About Upcoming Storms But Forecasts Have Been Largely Misused by National Media, Says One Expert Each April, weather wizard William Gray emerges from his burrow deep in the Rocky Mountains to offer his forecast …

Hurricane Forecasts Have Limited Value

They May Help the Public Think About Upcoming Storms But Forecasts Have Been Largely Misused by National Media, Says One Expert Each April, weather wizard William Gray emerges from his burrow deep in the Rocky Mountains to offer his forecast …

Maine Court Denies Husband’s Wrongful Death Claim Involving Wife

Maine’s supreme court has sided with an insurance company that refused to pay a wrongful death claim benefiting a husband who caused his wife’s death. The estate of Esther Pecci brought action against Amica Mutual Insurance Co. after it denied …