Maine News

MEMIC Promotes Bourque to Senior Vice President

Maine-based workers’ comp insurer The MEMIC Group has promoted Michael P. Bourque to senior vice president for external affairs. Bourque joined MEMIC in 1995 and was appointed vice president for corporate marketing and communications in 2004. His new title reflects …

Maine Gets Break in Federal Health Care Overhaul

The federal government has granted Maine a waiver of a key provision in President Obama’s health care overhaul, citing the likelihood that enforcement could destabilize the state’s market for individual health insurance. The U.S. Health and Human Services department said …

Maine Regulators Recovered $3.5 Million Last Year

Maine insurance regulators say they recovered nearly $3.5 million for insurance consumers whose claims were underpaid in the state last year More than $1.5 million was recovered for consumers by the Bureau’s Property and Casualty Division, and nearly $2 million …

Maine Licenses Two New Insurers

Maine has licensed two new workers’ comp insurers, one of them a new company that will begin writing this month, the state insurance department said. The first, Great Falls, which will begin offering policies this month, will be headquartered in …

Florida Workers’ Compensation Market Remains Competitive: Report

Florida’s workers’ compensation market remains competitive with more than 250 private insurers writing coverage and only a fraction of business being funneled to the residual market. Also, availability does not appear to be a major concern in the aggregate, although …

Maine Governor Seeks Disaster Assessment from Storm

Maine Gov. John Baldacci is requesting a damage assessment for the torrential rainstorm that deluged eastern Maine earlier this month. The Dec. 12 storm dropped 6 to 8 inches of rain in places, washing out local roads, flooding basements and …

Maine Reporter Sues Ski Area over Accident

A newspaper reporter is suing a Maine ski area two years after breaking her back while riding inside a giant ball down a ski trail for a story. Rebekah Metzler, of Brunswick, worked for the Sun Journal of Lewiston in …

SPECIAL REUTERS REPORT: Inside AIG’s Tortuous Turnaround

During a rainstorm in Washington in early 2009, amid the furor over Wall Street’s post-bailout bonuses, an American International Group employee pulled out an umbrella that had the insurer’s name on it. “Somebody came by, grabbed the umbrella and broke …

2010/2011 Buyer’s Guide

Welcome to Insurance Journal’s 2nd annual Buyer’s Guide, a tear-out directory of services, products and solutions for the insurance industry. Companies are listed within eleven different categories; Agents, Agent Networks, Agency Services, Claims, Construction/Restoration, Education/Training, Human Resources, Insurance Associations, Marketing, …

Madison Ranked Safest Metropolitan Area to Live

Madison, Wis., is the most secure U.S. community among large metropolitan areas (population of 500,000 or greater) according to the seventh annual Most Secure U.S. Places to Live rankings from Farmers Insurance Group of Companies. Olympia, Wash., is the most …