Maine News

TD Banknorth Promotes Hubbard

Sandra L. Hubbard has been promoted to a senior vice president at TD Banknorth Insurance Agency, Inc. in South Portland, Maine She will oversee the agency’s commercial lines service department, managing overall service operations and ensuring quality customer service and …

Alabama Could Hike Minimum Auto Liability Limits This Week

Eight years after making auto liability insurance mandatory, the Alabama Legislature could decide this week to increase the amount of insurance that motorists must buy. The proposal — $25,000 in insurance coverage for a single injury or death, $50,000 for …

Figures

25% The percentage of the District of Columbia’s fire hydrants that the District’s fire chief says need replacement or urgent repairs. $11.4 million The damage award for two victims as ordered by a Mineola, N.Y., jury in finding the Diocese …

Maine High Court Backs Governor on Dirigo Assessments

The Maine supreme court has handed Gov. John Baldacci a victory on one of the most contentious elements of his Dirigo health initiative. In a 5-1 ruling last week, the court sided with the Baldacci administration on assessments made to …

OneBeacon Offers Small Business Owners Coverage in Minn.

OneBeacon Insurance Group today announced that it will begin offering property-casualty solutions to small-business owners in Minnesota through independent agent partners. OneBeacon’s local small-business operation will be led by Territorial Manager James Spindler, based in Minneapolis. Mike Keane, head of …

Consumers Warned About Scam 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 insurer located in Presque Isle. Officials at MMG notified acting Superintendent Eric Cioppa that individuals across the country …

Maine Bicyclists Could Face Helmet, Drunk Pedaling Rules

Maine’s growing legion of bicyclists — and motorists who share the road with them — will have some new rules to ride by if a bill that addresses such issues as helmet use, safety margins and drunk pedaling becomes law. …

Maine Close to Approving Dirigo Self-Insurance Venture

Despite arguments that the state should keep out of a business where only private enterprise belongs, the Maine Senate gave its blessing last week to a proposal to allow the state to venture further into health insurance. A bill to …

Aetna Buys Schaller Anderson Inc. for $535 Million

Aetna Inc. in Hartfors, Con. has agreed to buy a Phoenix-based company that manages health care for Medicaid plans and administers employers’ self-funded health plans. The Hartford-based insurer announced Thursday that it will buy privately owned Schaller Anderson Inc. for …

My New Markets

Allied Health Care Nuts & Bolts: Travis-Pedersen Associates, Inc. is now offering a policy that covers a broad range of medical malpractice and general liability exposures. Allied health care facilities are those businesses that provide medical services directly to a …