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Maine’s United Insurance Acquires Barresi Financial

Apr 8 2025 // Portland, Maine-based United Insurance announced it has acquired Barresi Financial, a financial services and retirement advisory firm with offices in Bangor and Presque Isle. Barresi’s 10 associates will join United,...

Maine Approves 9.6% Decrease in Workers’ Compensation Costs

Apr 7 2025 // Maine has approved the insurance industry’s filing that will lower workers’ compensation insurance loss costs an average of 9.6%. The lower loss costs will go into effect for new and renewing policies as of...

Rural Maine Train Derailment Was Caused by Beaver Dam, Officials Say

Feb 18 2025 // SANDWICH ACADEMY GRANT TOWNSHIP, Maine (AP) — A train derailment in rural Maine that spilled hundreds of gallons of fuel and hospitalized three workers was attributable to a beaver dam, state officials said. The April...

Maine High Court Invalidates Law Erasing Time Limit on Child Sex Abuse Claims

Jan 29 2025 // In a 5-2 opinion, the Maine Supreme Court has declared unconstitutional a 2021 state law that eliminated the statute of limitations for claims of sexual abuse of minors. The ruling is a victory for the Roman Catholic...

Earthquake in Maine Rattles Houses, Nerves Across Northeast

Jan 28 2025 // A 3.8-magnitude earthquake centered near the southern Maine coast rattled houses in northern New England on Monday and was felt by surprised residents of states hundreds of miles away. The earthquake took place at about...