Latest Maine Headlines
All the headlines from our Maine Topic Page, ordered by recency.
Maine-based Workers’ Comp Insurer MEMIC Group Announces Promotion
Jan 4 2012 // The MEMIC Group, a workers’ compensation insurer headquartered in Portland, Maine, promoted Jeff Funk to the position of assistant vice president. MEMIC said Funk played an integral role in MEMIC’s expansion in...
Maine-based Workers’ Comp Insurer MEMIC Announces Acquisition
Dec 20 2011 // Workers’ compensation insurer The MEMIC Group acquired a Vermont-based insurer. The insurer also said it plans to expand its operations in Pennsylvania and New Jersey in 2012. MEMIC purchased Granite Manufacturers...
Maine Drops Workers’ Comp Rate Again
Dec 12 2011 // Maine insurance regulators have approved another drop in the state’s workers’ compensation rates — the second in less than a month. A 3.2 percent decrease announced on Nov. 18 was expected to reduce...
Maine Workers’ Compensation Rates to Go Down Next Year
Dec 5 2011 // Maine Insurance Superintendent Eric Cioppa said the Bureau of Insurance has approved the National Council on Compensation Insurance’s request to decrease workers’ comp loss costs in the state by an average of...
Maine Workers’ Comp Rates to Go Down Next Year
Nov 18 2011 // Maine Insurance Superintendent Eric Cioppa said the Bureau of Insurance has approved the National Council on Compensation Insurance’s request to decrease workers’ comp loss costs in the state by an average of...
Maine Ski Area Not Responsible for Man’s Injuries
Nov 3 2011 // A jury has ruled that a Maine ski resort was not responsible for injuries suffered by a Bethel man who fell off a chairlift on a windy day. The Oxford County Superior Court jury ruled on Monday, Oct. 31, that injuries...
3M Powerless as October Snow Surprises Northeast
Oct 31 2011 // A freak October snowstorm knocked out power Sunday to more than 3.1 million homes and businesses across the U.S. Northeast, with close to two feet (60 centimeters) of snow falling in some areas over the weekend. The storm...
Workers’ Comp Results Deteriorated for Northeastern States Last Year
Oct 20 2011 // Most states in the northeastern region reported deteriorating workers’ compensation underwriting results last year, according to latest data from A.M. Best. Pennsylvania, New Jersey, Delaware, Maine and Rhode Island...
TD Insurance Appoints Nash in Maine Office
Oct 6 2011 // TD Insurance has appointed Karen Nash as assistant vice president and account administration manager in employee benefits in Portland, Maine. Nash will manage a staff of customer service agents who service employer group...
Business Moves
Sep 19 2011 // OneBeacon, Interboro OneBeacon Insurance Group said it is selling its high risk personal auto insurance business, AutoOne, to Interboro Holdings Inc. of New York. AutoOne, formed in 2001, serves the automobile assigned...
Cioppa Nominated to Be Next Maine Insurance Commissioner
Sep 13 2011 // Maine Governor Paul LePage has chosen Eric Cioppa to be the next superintendent of the Maine Bureau of Insurance. Cioppa has been serving as acting superintendent since June when former Superintendent Mila Kofman resigned...
Maine’s Northeast Bancorp Sells Its Insurance Group to 2 Local Agencies
Aug 31 2011 // Lewiston, Maine-based Northeast Bank Insurance Group has been acquired by local agencies in two separate transactions effective Sept. 1. The Varney Agency, of Bangor, Maine, will purchase the assets of nine Northeast Bank...
Highway Deaths in Maine Down for 4th Straight Year
Aug 10 2011 // Highway deaths in Maine are down for the fourth year in a row. The Bureau of Public Safety said 61 people have died on Maine roads so far this year. That’s down from 88 deaths at this time last year. Thirteen...
People
Aug 1 2011 // Wholesaler Swett & Crawford has added Ricky Dawson to its casualty staff in New York. Dawson, who has a background in both insurance wholesale brokerage and underwriting, previously served as a wholesale broker with...
Maine Jury Awards Nursing Student $300K
Jul 19 2011 // A jury has awarded a Maine student $300,000 in a lawsuit she filed against a nursing school that expelled her after she complained of sexual harassment by a male instructor. The InterCoast Career Institute, a...
Maine City Debates Home Fire Sprinkler Mandate
Jul 18 2011 // The debate over whether to mandate fire sprinklers in new homes is heating up in Maine. South Portland City Council is expected to take up the issue later this summer. If it passes, South Portland would join Portland,...
Small Earthquake Felt in Eastern Maine
Jul 18 2011 // A small earthquake across Maine’s Blue Hill peninsula prompted a handful of calls to law enforcement officials, but no damages were reported. According to the Weston Observatory at Boston College, the magnitude 2.3...
Small Earthquake Felt in Eastern Maine
Jul 11 2011 // A small earthquake across Maine’s Blue Hill peninsula prompted a handful of calls to law enforcement officials, but no damages were reported. According to the Weston Observatory at Boston College, the magnitude 2.3...
People
Jul 4 2011 // Anthony A. Ambrose has been promoted to vice president and senior broker at New York-based wholesale broker Russell Bond. Ambrose joined Russell Bond in 1994 and is currently responsible for financial institutions, medical...
Maine Police Brutality Case Settled
Jun 29 2011 // A Maine man is going to get $725,000 as part of a police brutality settlement that was reached as the case was set to go to trial in federal court. Ronald Eaton of Deer Isle had sued several Hancock County and Ellsworth...
