Maine News

St. George, Utah, tanked most secure place to live

St. George, Utah, is the most secure place in the nation to live, according to the third annual “Most Secure U.S. Places to Live” rankings from Los Angeles-based Farmers Insurance Group of Companies. The rankings, compiled by www.bestplaces.net, evaluated communities …

Northeast Bank Acquires Another Maine Insurance Agency

On the heels of the recently announced Palmer Insurance Agency acquisition, Northeast Bank Insurance Group, Inc., a wholly-owned subsidiary of Maine-based Northeast Bank, has acquired a second insurance agency in less than a week. Closing the deal on December 1, …

Maine Insurance Chief Iuppa Stepping Down in January

Maine Superintendent of Insurance Alessandro Iuppa has announced his intention to step down from his position effective Jan. 13, 2007. “After 20 years, including 13 in Maine, in the insurance regulatory community it is time to move on to the …

Flooded Maine Family Blames Error in Federal Maps

A family devastated by the Mother’s Day flood that inundated their home along the Mousam River in Kennebunk, Maine says errors in federal maps prompted them to forgo the purchase of flood insurance, a decision that came back to haunt …

Would Float Railing Have Prevented N.H. Parade Tragedy?

A bill rejected by the state Legislature four years ago would have required a safety railing on parade floats β€” a measure that might have prevented the death of a 9-year-old boy in Portsmouth’s holiday parade. Some witnesses said Thomas …

Study: St. George, Utah Ranked Most Secure Place To Live

According to the third annual “Most Secure U.S. Places to Live” rankings from Farmers Insurance Group of Companies, the most secure location to live in the United States is St. George, Utah. The rankings, compiled by database experts at www.bestplaces.net, …

Northeast Bank Acquires Maine’s Palmer Agency

The insurance subsidiary of Northeast Bank, Northeast Bank Insurance Group, Inc. has acquired the Palmer Insurance Agency of Turner, Maine. Palmer has six employees and generated $4 million in gross premiums over the past year. The current leadership, including owner …

Hanover Launches Connections Auto Product in Georgia

Independent insurance agents in Georgia now have access to Connections Auto a product of regional property and casualty company The Hanover Insurance Group Inc. Connections Auto, a multi-variate auto product with customer segmentation capabilities, is now available in 17 states …

Regulators Install Management Committee for Interstate Compact

The Interstate Insurance Product Regulation Commission created by the National Association of Insurance Commissioners installed its Management Committee and elected a Committee chair, vice-chair and treasurer recently during the Commission’s inaugural annual meeting in Lansdowne, Va. The Commission elected Pennsylvania …

Maine Nursing Home Vows to Correct Deficiencies Including Surety Bond

The administrator of a Canton nursing home said a plan to address “serious deficiencies” cited by state overseers has been submitted to the Maine Department of Health and Human Services. The filing follows an inspection last month of the Victorian …