In recognition of economic stress being experienced by many of its 18,000 Maine workers’ compensation insurance policyholders, Portland, Maine-based MEMIC’s board of directors has authorized the immediate distribution of a $17 million dividend to eligible employers. The 2020 MEMIC dividend …
Maine Employers’ Mutual Insurance Company has returned $21 million to Maine employers insured by the workers’ compensation provider. About 18,000 employers in the state will see insurance returns from the Portland-based insurer. MEMIC president Michael Bourque attributes the lower costs …
The MEMIC Group, a Portland, Maine-based workers’ compensation specialist, has named company veteran Michael P. Bourque as its president and CEO to replace John T. Leonard, who is retiring later this year. Bourque, who has worked for the company for …
