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Insurance

Patriot Insurance starts work at former motel site

YARMOUTH — After 10 months under contract, Patriot Insurance Co.'s purchase of Down-East Village Motel and Restaurant at 705 U.S. Route 1 was finalized Oct. 14.

Federal judge: Community Health Options' $23M lawsuit can proceed

James McCarthy |

A federal judge ruled Friday that Lewiston-based health insurer Community Health Options can proceed with its $22.9 million lawsuit against the federal government seeking payments it says it is owed...

Trump's vow to repeal ACA leaves uncertainty for covered Mainers

One of President-elect Donald Trump's campaign promises was to ask Congress to repeal the Affordable Care Act during his first day of office. Now 84,000 Maine residents that have insurance coverage...

MEMIC issues $20M dividend to Maine policyholders

Staff |

Portland-based workers’ compensation specialist The MEMIC Group announced on Monday that it will issue a record dividend of $20 million to 18,000 Maine policyholders this November.

Chicago firm scoops up two Maine Norton agencies

Staff |

With its eyes set on expanding its presence in New England, Chicago-based insurance firm Hub International Ltd. has acquired the assets of Cumberland Foreside-based Norton Insurance Agency Inc. and...

Navigating Medicare billing — and creating rural Maine jobs

Lori Valigra |

Dr. Dan Mingle knew he was onto something when he founded the South Paris-based Mingle Analytics in 2011. Health care costs were spiraling up, and national reimbursers like Medicare were starting to...

ACA rate increases approved by Maine Bureau of Insurance

Customers of three insurers that offer Affordable Care Act individual marketplace plans could see double-digit rate increases as the Maine Bureau of Insurance has given the go-ahead for the rise.

Cioppa rejects insurer’s bid to raise car insurance rates for seniors

Maine Superintendent of Insurance Eric Cioppa has rejected Progressive Corp.’s request to raise car insurance rates for older Maine drivers based solely on their age.

Cross Financial appoints new treasurer, vice president

Staff |

The New England-based independent insurance provider Cross Insurance said it has hired Christopher Hersey as vice president and treasurer of its subsidiary, Cross Financial Corp.

New chair of Maine Insurance Association a familiar face

Staff |

Michelle Ibarguen, the Augusta branch manager and president of the independent insurance provider Cross Insurance, has been appointed chairwoman for the board of the Maine Insurance Association.

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