Latest Maine Headlines
All the headlines from our Maine Topic Page, ordered by recency.
Insurers Pleased with Privacy Terms of Maine’s New ‘Black Box’ Law
Apr 14 2006 // A new Maine law (LD 1885) aimed at protecting the privacy of motorists with event data recorders (EDRs), or “black boxes,” in their vehicles, contains important safeguards for insurers supported by the...
Maine adopts ID theft law
Apr 3 2006 // Maine Gov. John Baldacci has signed a law that clarifies the process of cleaning up credit reports of people who become identity theft victims. The law takes effect later this year. Rep. Carol Grose’s clarifies that...
Maine GOP Candidate Unveils Health Ideas; Calls for Dirigo Suspension
Mar 27 2006 // When it comes to health care, Mainers must stop thinking Augusta knows best, Chandler Woodcock said Friday as he campaigned for the Republican nomination for governor. Unveiling his health care plan for the state, Woodcock...
Governor Says ‘Cover Tennessee’ Program to be Voluntary
Mar 27 2006 // Tenn. Gov. Phil Bredesen said he won’t force his “Cover Tennessee” plan to cover the state’s uninsured on small businesses or individuals. If the one-in-10 state residents without health insurance...
Jury Awards More Than $10M in Water Bottlers’ Lawsuit
Mar 24 2006 // A Portland, Maine jury ordered a Seattle law firm to pay $10.8 million for dumping one set of clients for a more lucrative class-action case. Jurors will return to federal court next week to settle the issue of punitive...
Maine Jury Awards Former CEO $7.5M for Bank’s Malpractice
Mar 22 2006 // A Portland, Maine jury this week awarded $7.4 million in damages to a former Fairchild Semiconductor executive who blamed the former Fleet Bank’s Private Client Group for causing the loss of his fortune once valued...
Gov. Baldacci Signs Bill to Assist Maine Identity Theft Victims
Mar 20 2006 // Mainers who become victims of identity theft are getting some help from the Legislature, which enacted a bill that follows up on State House action taken last year. A bill signed by Gov. John Baldacci clarifies the process...
Maine Gov. Baldacci Proposes Self-Insurance for Dirigo Health Plan
Mar 17 2006 // Maine Gov. John Baldacci this week proposed a major change in the structure of Dirigo Health, his prized program which is developing into one of the most contentious issues in the young gubernatorial campaign. Baldacci...
Maine Panel Endorses Mandatory Sentences for Repeat Bad Drivers
Mar 16 2006 // A proposal to curb Maine’s worst drivers moved forward this week in the Maine Legislature as a committee gave its solid endorsement to “Tina’s Law,” which is named for a woman killed in an accident...
Retired Maine Business Executive Alleges Financial Malpractice
Mar 14 2006 // A retired business executive’s lawsuit accusing bank officials of giving him bad financial advice that cost him millions of dollars went to trial in Portland, Maine this week. Darrell Mayeux, who filed the suit in...
ME James Surplus Adds New Package for Off Road Racers
Mar 14 2006 // Michael E. James, president of Alpine, Calif.-based M.E. James Surplus Lines Insurance Brokerage Inc. and off road racer, is offering a comprehensive liability insurance package designed especially for off-road racers in...
Thomas Named VP at TD Banknorth Insurance in Maine
Mar 9 2006 // Kip A. Thomas has been promoted to assistant vice president in the Personal Lines Division at TD Banknorth Insurance Agency, Inc. in South Portland, Maine. A private client insurance agent, he will be responsible for high...
New Markets
Feb 20 2006 // Universal ExcessNuts & Bolts: The Hartford Financial Services Group Inc. introduced Universal Excess, a new excess insurance policy that fits firmly over directors and officers, fiduciary, employment practice,...
Maine School Settles Over Death of Cross Country Runner
Feb 7 2006 // A Maine lawsuit brought by the mother of a 14-year-old runner who died while competing in a cross-country race has ended in a $100,000 settlement. School Adminstrative District 34 agreed to the settlement with the estate...
Business Moves
Jan 22 2006 // Bollinger, MLW Services Bollinger Inc. has acquired MLW Services Inc. of New York. The principals of MLW, Andrew Marks, president and CEO, Bert Linder, executive vice president and Chuck Weisblum, chairman, will continue...
TD Banknorth Acquires Me.’s Boothby & Bartlett Agency
Jan 2 2006 // TD Banknorth Inc. has finalized its acquisition of the business of Boothby & Bartlett Company, a 145-year old Central Maine insurance agency in Waterville, through its insurance subsidiary, TD Banknorth Insurance...
People & Places
Jan 2 2006 // Brent Jenkins Crump Insurance Services of Texas Inc. appointed three new members to the Dallas property/casualty brokerage team: Brent Jenkins, Stephanie Murillo and Matt Sheehan. Additionally, Elizabeth Wafer has joined...
People
Jan 1 2006 // Crump Insurance Services of Texas Inc. appointed three new members to the Dallas property/casualty brokerage team: Brent Jenkins, Stephanie Murillo and Matt Sheehan. Additionally, Elizabeth Wafer has joined the P/C team at...
From New England to Virginia, Courts Made Insurance Headlines in 2005
Dec 30 2005 // From Maine to Virginia, many of the insurance headlines in 2005 dealt with compensation and reinsurance probes, just as they did across the country, casting the industry’s reputation in a bad light. But much of the...
Maine Health Insurers File Second Suit to Block Dirigo Fees
Dec 23 2005 // A dispute between the health insurance industry and Maine’s Dirigo Health program continues to escalate, as a trade group representing four large health insurers files a second lawsuit against the 2-year-old...
