Maine News

Northeast Bank Acquires Maine’s Russell Agency

The insurance subsidiary of Northeast Bank, Northeast Bank Insurance Group, Inc., announced that Russell Insurance Agency, located in Madison, Maine, will join the group. Opened in the 1960s, Russell Insurance Agency is the fourth agency within the last six months …

Report: Calif., Minn., N.J., N.C. Have Worst Traffic; N.D., S.C. Have Best Roads

Nearly 52 percent of U.S. urban Interstates are now congested and traffic fatality rates rose slightly, but road surface conditions and bridge conditions improved, according to the Reason Foundation’s latest annual highway performance report. “Gridlock isn’t going away,” said David …

Conn.’s People’s United Acquiring Northern New England’s Chittenden

People’s United Financial, Inc., the holding company for People’s United Bank in Bridgeport, Connecticut, has agreed to acquire similarly-sized Chittenden Corp. of Burlington, Vermont, in a stock and cash transaction valued at $1.9 billion. The combined company will have assets …

Parties Discussing Refinancing of Maine’s Dirigo Health

Facing three conflicting committee recommendations, Baldacci administration officials, health industry, business and consumer representatives met with lawmakers once on Tuesday and planned to meet again to discuss redirecting and refinancing the Dirigo Health program. A key question is how to …

Warning: Scammers using Maine insurer’s name

The Maine Bureau of Insurance is advising consumers to beware of an illegal sweepstakes scam targeting MMG Insurance Co., a Maine domestic workers’ compensation insurer located in Presque Isle. Officials at MMG notified acting Superintendent Eric Cioppa that individuals across …

Declarations

21st Century “The financial world has changed and we must change with it to retain our leadership position. This panel will help the state bring its regulatory structure into the 21st Century, encouraging the use of cutting edge technology and …

10 N.Y. business protest ‘scaffold law’ as session nears end

Coalition urges Gov. Spitzer, lawmakers to end strict liability now 10 Maine insurer caught up in nationwide scam Scammers have latched onto an insurer’s name and logo – without permission 10 Storms of 2007 From Andrea to Wendy – the …

Warning: Scammers using Maine insurer’s name

The Maine Bureau of Insurance is advising consumers to beware of an illegal sweepstakes scam targeting MMG Insurance Co., a Maine domestic workers’ compensation insurer located in Presque Isle. Officials at MMG notified acting Superintendent Eric Cioppa that individuals across …

Maine Lawmakers Address Road Safety, Medical Leave This Session

Motorists will have to be more careful about using their seat belts, young drivers will have to keep off their cell phones, and domestic partners will now be covered under the state’s Family Medical Leave Act, as a result of …

Declarations

Declarations 21st Century “The financial world has changed and we must change with it to retain our leadership position. This panel will help the state bring its regulatory structure into the 21st Century, encouraging the use of cutting edge technology …