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Insurance

Cross Insurance acquires another Mass. insurance agency

STAFF |

Cross Insurance, a subsidiary of Bangor-based Cross Financial Corp. and one of the largest independent insurance providers in New England, has acquired its 16th Massachusetts insurance agency.

State picks Anthem to administer insurance plan for state employees

Anthem Blue Cross and Blue Shield was selected by the state to administer a $5.5 million annual contract to oversee the health insurance plan for 28,000 current and former state employees and their...

Harvard Pilgrim awards five ‘Quality Grants’ in Maine

Five physician practices in Maine are among 14 providers in Massachusetts, Maine and New Hampshire that will receive grants this year from Harvard Pilgrim Health Care’s Quality Grants Program.

MEMIC names Bourque as next president and CEO

STAFF |

The board of directors for workers' compensation specialists The MEMIC Group named company veteran Michael P. Bourque as its president and CEO. He will succeed John T. Leonard, who is retiring later...

Cross Insurance acquisition expands its Massachusetts footprint

STAFF |

Cross Insurance, a subsidiary of Cross Financial Corp. and one of the largest independent insurance providers in New England, continues to grow its presence in Massachusetts with the purchase of the...

Poliquin explains vote, but Collins has questions about AHCA bill

James McCarthy |

The Republican-led U.S. House of Representatives on Thursday voted 217-213 to pass a bill that rolls back major provisions of the Affordable Care Act, sending the measure to an uncertain fate in the...

On the record: Michael Bourque on navigating new workplace challenges

Maureen Milliken |

Michael Bourque, senior vice president of external affairs at the Maine Employers Mutual Insurance Co., better known as MEMIC, is busy navigating changes in laws,...

FEMA issuing revised flood insurance rate maps

STAFF |

The Federal Emergency Management Agency announced Monday it will be releasing flood insurance rate maps, including revised preliminary maps and flood insurance studies for York and Cumberland...

Workers’ comp premiums to decrease in 2017

STAFF |

Maine’s Bureau of Insurance approved a 4.3% decrease in workers’ compensation loss costs, which is expected to result in approximately $9.5 million in expected savings for Maine...

Unum's charitable giving exceeds $3.7M in Maine

STAFF |

Unum and its employees contributed more than $3.7 million last year to nonprofit organizations throughout Maine, part of more than $12.4 million in total charitable support from the company in the...

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