Maine News

My New Markets

Trade and Professional Associations Nuts & Bolts: Aon Association offers coverage to 56,000 nonprofit organizations and their members throughout the U. S. Clients range in size and needs from an Elks Lodge seeking general liability coverage to a long-term care …

People

Louisiana Workers’ Compensation Corporation (LWCC) promoted Jamie Bourg to claims manager for the company’s large accounts team. Bourg will manage and direct the claims department, including claims handling and investigation, and return-to-work for injured employees. She was previously a claims …

Class Action Suit Filed Against N.J. Meat Plant, Markets

As government scientists searched for the source of a multistate E. coli outbreak linked to frozen hamburgers, a class-action lawsuit was filed Wednesday against the New Jersey producer of the patties and supermarkets that sold them. The lawsuit seeks unspecified …

Maine-based Workers’ Comp Writer MEMIC on the March– Now in 42 States

MEMIC Indemnity Co., a member of The MEMIC Group, has recently earned authorization to write workers’ compensation insurance in Rhode Island, North Carolina, Virginia and Colorado. The MEMIC Group can now offer workers’ compensation coverage to employers in 42 states. …

Canada’s TD Banknorth to Buy N.J.’s Commerce Bank; Sell Insurance Unit

Canada’s TD Bank Financial Group reports that it will acquire the Mid-Atlantic regional bank Commerce Bancorp Inc. in a 25 percent cash and 75 percent stock deal valued at $8.5 billion. If approved, the purchase would double TD Bank’s presence …

N.D. Commissioner’s Departure Sparks Debate on Conflict of Interest

Consumer spokesmen want a national group of insurance regulators to toughen its conflict-of-interest policies, in part because of questions raised by last month’s resignation of former North Dakota Insurance Commissioner Jim Poolman. Poolman’s departure is the latest instance of a …

Alabama Hearing Highlights Catastrophe Plan Options

Whether the nation needs a federal or other governmental program to deal with insurance costs and availability for natural catastrophes in U.S. coastal states was the central question at a public hearing in Mobile, Ala., Monday. Dozens of citizens gathered …

Maine Court: Deputy Injured by Own Police Car Covered by Personal Policy

A sheriff’s deputy who was run over by his own police vehicle after it was stolen by a Jefferson man on Christmas five years ago is entitled to compensation from his personal car insurance company, Maine’s highest court ruled. The …

Lombino to lead Encompass Insurance Southern Region

Dan Lombino has been promoted to regional sales director for the Southern Region of Encompass Insurance. Part of the Allstate group of companies, Encompass provides insurance products through a network of independent agencies. Its Southern Region includes Arkansas, Kentucky, Louisiana, …

My New Markets

Youth Recreation Programs Nuts & Bolts: Markel Insurance Co. is offering coverage for youth recreation programs and camps. Coverage includes general liability, umbrella, sexual abuse/molestation, D&O, child abduction, special events, professional liability, property, key employee replacement, auto, crime, and business …