The Maine Bureau of Insurance has approved a 15.7% average rate reduction in workers’ compensation insurance premiums for Maine Employers’ Mutual Insurance Co. (MEMIC), the largest workers’ compensation carrier in the state. The bureau said MEMIC’s rate reduction will save …
Newly-installed Maine Insurance Superintendent Robert Carey announced approval of an average workers’ compensation insurance loss cost decrease of 19%. The new loss costs go into effect for new and renewing policies as of April 1, 2024. Carey said that if …
A Maine legislative committee has signed off on a proposal to help emergency responders gain better access to mental health support. The proposal would continue a presumption that firefighters, emergency medical technicians, police officers, emergency dispatchers and others who are …
Maine’s highest court is upholding the conviction of a northern Maine man convicted of collecting more than $50,000 in workers’ compensation benefits while operating an engine repair business. An Aroostook County jury convicted 63-year-old Stephen Tucker Sr. of theft in …
The National Council on Compensation Insurance’s (NCCI) filing for the overall average workers’ compensation loss cost level change of +2.6 percent in Maine took effect on a new and renewal basis as of April 1. Based upon its review of …
Maine’s highest court on Jan. 22 upheld workers’ compensation benefits for the widow of a Salvation Army portfolio manager who died from a heart attack on a treadmill while monitoring the financial markets on TV and internal email on his …
Maine Gov. Paul R. LePage and Insurance Superintendent Eric Cioppa announced Thursday that the Bureau of Insurance has approved the National Council on Compensation Insurance Inc.’s (NCCI) 2014 loss cost for Maine, filed earlier this month, which proposed a premium …
