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Insurance

Chalmers Insurance buys Norway insurance company

Chalmers Insurance Group, an independent insurance agency based in Bridgton, has purchased Goodwin’s Inc. Insurance of Norway for an undisclosed price.

Cross Insurance acquires R.I. agency

Bangor-based Cross Insurance has acquired Troy, Pires & Allen Insurance, an agency based in East Providence, R.I., that specializes in personal and business insurance coverage.

Get the most from your insurance

ALISON HINSON |

Insurance is a paradox — it's something you are glad to have but never really want to use. This means you are paying monthly or annual premiums for a product that you will only...

Harvard Pilgrim plans ACA exchange offerings for 2015

The Massachusetts-based nonprofit insurance carrier Harvard Pilgrim Health Care plans to be the third insurer to offer plans on Maine’s federally run health care exchange in...

Cross Insurance CEO Royce Cross builds on his father's legacy

James McCarthy |

Shortly before midnight on Dec. 31, Royce Cross, president and CEO of the Bangor-based Cross Insurance, signed an agreement to acquire the assets of Willis of Northern New England Inc.

State approves 7.7% workers’ comp decrease

The state’s Bureau of Insurance approved a lower loss cost for workers’ compensation insurers, a move the bureau said stands to reduce premiums by 7.7%, saving employers...

Workers’ comp rate to drop nearly 8%

Workers’ compensation insurance costs are expected to drop for Maine employers by an average of 7.7% this year, which would save employers insured through the commercial market a...

Cross Insurance acquires Mass. agency

Cross Insurance has acquired Massachusetts-based insurer The Driscoll Agency, its third acquisition in the past two months. Cross did not disclose the terms of the deal.

National group shifts Maine insurance cost rank

The National Association of Insurance Commissioners says Maine had the third-lowest auto insurance premiums in the country and the 11th-lowest premiums for homeowners' insurance in...

Maine fixes unemployment processing glitch

A computer glitch that delayed the processing of more than 2,000 unemployment claims submitted by Mainers early last week has been fixed.The

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