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FAME OKs $3M for four Maine businesses

The Finance Authority of Maine has approved approximately $3 million in financing for four Maine businesses, including Portland-based Apothecary by Design.

MEMIC to send out record dividend checks

Portland-based worker’s compensation insurer Maine Employers’ Mutual Insurance Co. has once again reached a new record for dividend checks being sent to...

Westbrook prepares to fill big void left by employer

The city of Westbrook is preparing to fill a void that will be left by Disability RMS and its 350 employees when the disability insurance company moves to South Portland in...

Westbrook losing major employer to South Portland

Disability RMS, a disability insurance company with around 350 workers, is planning to leave Westbrook and move to South Portland by early 2016.

Texas insurer pulls out of Maine, cites ACA issues

Mega insurance, a Texas-based company, is discontinuing health plans for about 7,000 Mainers after announcing that it will leave the state as national operations decline.

MTI's second head in a row exits suddenly; Blackstone appears safe

Lori Valigra |

For the second time in as many years, the Maine Technology Institute’s head has exited abruptly.Robert A. Martin, president of MTI, was fired on...

Maine's mortgage closing costs rank 30th in U.S.

Maine has the 30th-highest average mortgage closing costs in the nation, $2,497, according to a national

Cross Insurance makes fifth acquisition this year

Cross Insurance of Bangor has acquired a Northeast Harbor-based insurance agency, making it the company’s fifth acquisition this year.

Average ACA premium for Mainers: $99

Mainers paid a $99 monthly premium on average for insurance obtained through the Obama administration’s online marketplace,

Flood insurance hikes make some property buyers think twice

Steeply rising flood insurance rates are making some developers think twice about buying old properties on the water.The...

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