Latest Maine Headlines
All the headlines from our Maine Topic Page, ordered by recency.
Business Moves
Aug 4 2014 // Aon, National Flood Services Aon Affinity, the consumer, association and program business of Aon Risk Solutions, has completed its acquisition of StoneRiver National Flood Services Inc. and related entities from StoneRiver...
6.5 Million Homes from Maine to Texas at Risk for Storm Surge: CoreLogic
Aug 4 2014 // More than 6.5 million homes along the U.S. Atlantic and Gulf coasts are at risk of storm surge inundation, representing nearly $1.5 trillion in total potential reconstruction costs. More than $986 billion of that risk is...
20K Maine Residents to Get Health Insurance Premium Rebates
Jul 31 2014 // Nearly 20,000 Maine customers of health insurer Aetna are getting premium rebates because a provision in the Affordable Care Act limits what insurance companies can spend on administrative costs. The rebates for 2013...
Maine’s Cross Insurance Appoints VP of Personal Lines
Jul 28 2014 // Bangor, Maine-based Cross Insurance has appointed Laurie A. Noel as vice president of personal lines. Noel, whose primary responsibility is to focus on the profitability and growth of personal lines for the entire...
Cross Insurance Acquires Merchant, Needham & Associates in Maine
Jul 21 2014 // Bangor, Maine-based Cross Insurance has acquired Merchant, Needham & Associates Insurance, an independent insurance agency based in Northeast Harbor, Maine. Terms of the transaction were not disclosed. Originally...
As America Overall Ages with Boomers, Energy States See Youth Boom
Jul 21 2014 // Seven states, including five in the Great Plains, saw their median age decline between 2012 and 2013, according to U.S. Census Bureau estimates. At the same time, the median age for the United States as a whole ticked up...
6.5 Million Homes from Maine to Texas at Risk for Storm Surge: CoreLogic
Jul 10 2014 // More than 6.5 million homes along the U.S. Atlantic and Gulf coasts are at risk of storm surge inundation, representing nearly $1.5 trillion in total potential reconstruction costs. More than $986 billion of that risk is...
Utility Crews Restoring Power in Maine After Storm
Jul 7 2014 // Utility crews in Maine have been busy restoring electricity to thousands of customers over the weekend and on Monday. Last Saturday, remnants of Hurricane Arthur brought high winds and heavy rains to the state. At the peak...
As America Overall Ages with Boomers, Energy States See Youth Boom
Jul 7 2014 // Seven states, including five in the Great Plains, saw their median age decline between 2012 and 2013, according to U.S. Census Bureau estimates. At the same time, the median age for the U.S. as a whole ticked up from 37. 5...
Maine’s Cross Insurance Launches Healthcare Practice Unit
Jul 2 2014 // Bangor, Maine-based Cross Insurance has announced the formation of a healthcare practice unit. The agency said its healthcare practice will focus on primary and excess medical malpractice coverage for traditional first...
As America Overall Ages with Boomers, Energy States See Youth Boom
Jun 26 2014 // Seven states, including five in the Great Plains, saw their median age decline between 2012 and 2013, according to U.S. Census Bureau estimates. At the same time, the median age for the U.S. as a whole ticked up from 37.5...
Maine Residents Urged to Prepare for Severe Summer Weather
Jun 24 2014 // Maine officials are encouraging residents to protect their homes against severe summer weather. Maine Gov. Paul LePage and Bureau of Insurance Superintendent Eric Cioppa say that the beginning of the Atlantic hurricane...
Maine’s Cross Insurance Buys Portland Civic Center Naming Rights for $2.5M
Jun 19 2014 // Bangor, Maine-based Cross Insurance announced it has purchased the naming rights of the Cumberland County Civic Center in Portland, Maine. Cross Insurance, one of the largest independent insurance agencies in New England,...
Maine Saw Largest Crime Rate Decrease in 20 Years in 2013
Jun 19 2014 // Crime in Maine dropped 9.1 percent last year, a steep drop from the previous year and the biggest decline in 20 years, Maine Department of Public Safety Commissioner John Morris said Tuesday. The commissioner, joined by...
Maine High Court Rejects Hospital’s Appeal in Medical Misdiagnosis Case
Jun 13 2014 // A Maine man who was awarded $200,000 by a jury in his malpractice suit filed after a doctor mistakenly told him he had an aggressive and fatal form of cancer won’t have to face another trial. The Maine Supreme...
Maine Man Sentenced to 1 Year in Jail, $50K Restitution for Comp Fraud
Jun 5 2014 // A Maine man was sentenced this week in Aroostook County Superior Court to serve 42 months in jail, with all but one year suspended for workers’ compensation fraud. Workers’ comp insurer MEMIC — whose...
People – East
Jun 2 2014 // XL Group has named Michele Sansone as president of its North America property insurance business and head of its global risk engineering division, XL GAPS. Reporting to Joseph Tocco, chief executive of XL Insurance’s...
Acadia Insurance in Maine Announces 2 Promotions
May 16 2014 // Acadia Insurance, a Westbrook, Maine-based subsidiary of W.R. Berkley Corp., promoted David LeBlanc to senior vice president, chief underwriting and marketing officer; he will be based in Acadia’s home office in...
SAN Group Names Regional VP of New Hampshire, Maine
May 15 2014 // Bill PikeSatellite Agency Network (SAN) Group Inc., an alliance of independent property/casualty insurance agencies in the Northeast, has hired Bill Pike as regional vice president of New Hampshire and Maine. In this...
Criminal Charges Filed in Quebec Railway Crash
May 13 2014 // Montreal, Maine & Atlantic Railway Ltd. and three of its employees have been charged with criminal negligence in connection with the derailment and explosion of a train in Lac-Megantic last year, Quebec’s...
