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The dividend amount was calculated based on MEMIC’s financial performance, claims experience and the collective success of policyholders in maintaining safe workplaces during the 2022 calendar year.
The deal, subject to regulatory review and expected to be completed in January, will make MEMIC one of the country's largest multi-state workers' compensation specialists with a strong foothold in the Midwest.
Robust IT defenses are critical, but true protection also means being prepared for when a breach occurs.
The Bangor-based insurance company looks to build on its southern New England footprint with its new office in Providence, R.I.
Today’s business environment is flooded with data, and the ability to harness, clarify and analyze data is crucial for making informed decisions, writes guest columnist Chris Pyne of Unum.
Portland-based United Insurance has acquired Barresi Financial, an employee benefits and financial services company based in Presque Isle.
E2Tech and the Roux Institute teamed up to host a panel, “Startups & Climate Risk: How Insurance is Evolving and What You Can Do About It,” in Portland.
United Insurance acquired six Kimball Korp locations, in Rumford, Farmington, Lewiston, Livermore Falls, Turner and Sangerville.
United Insurance CEO Zack Frechette said Gallagher Insurance has been a "respected competitor" in the Aroostook County market.
One of Spencer Gray Insurance’s two partners will transition to the larger J. Edward Knight Insurance, which dates back to 1898 and has 34 employees.
Guest columnist Liz Rickett of Unum offers suggestions about how employers can find the right benefits provider.
Paying for climate-resilient infrastructure repairs and rebuilds along coastal and inland waterways are a critical topic at the local and state levels in the face of worsening storms.
Ahead of the Thanksgiving holiday, Mainebiz asked some of this year’s 40 Under 40 honorees what they’re thankful for. There were some common themes, but also a shared pearl.
The independent insurance agency, which has 14 offices across Maine and New Hampshire, named Tammy Volock as chief financial officer.
United Insurance, an independent Maine-based insurance agency, has hired Deborah Wentworth in the newly created role of chief operating officer.
Zack Frechette's goal is for United Insurance to be as top of mind for anyone needing insurance as L.L. Bean is for anyone who needs a pair of boots.
Sponsored by Kennebunk Savings Bank
Next year will bring a host of new challenges for businesses looking to add employees to the payroll.
Maine's Paid Family and Medical Leave law will go into effect, which will allow an employee to take paid leave for up to 12 weeks to care for an ill family member or new child, for instance.
The state's minimum wage will increase by 45 cents an hour, to $15.10 (a separate minimum wage provision was approved in Portland that will raise the hourly compensation to $19 within three years).
And rising health care premiums will continue to be a struggle for employers.
For companies that plan to grow, all of these factors will have to be managed.
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
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Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
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Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
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