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Maine Lawmakers Thwart Move to Allow Mennonites to Self-Insure

May 19 2025 // Maine lawmakers last week rejected a measure that would have permitted followers of the Mennonite religion to self-insure for motor vehicle insurance. The Senate vote was 20-14 to detour the bill on May 13, while the House...

Maine Weighs What to Do When Religion Collides With Auto Insurance

May 13 2025 // Maine lawmakers today are expected to consider a measure that would allow followers of the Mennonite religion to self-insure for motor vehicle insurance. Rep. Steve Foster (R-Dexter) introduced the bill on behalf of his...

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...

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