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  • Two Maine employers recognized as 'psychologically healthy' workplaces

    Staff April 1, 2019

    Community Health Options in Lewiston and Portland Symphony Orchestra are among this year's eight winners of an annual award recognizing employers who implement workplace practices, backed by psychological science, that advance employee health and

    Staff April 1, 2019
  • Article told only 'one side of the story'

    Michael Bourque, executive director of MEMIC Updated: April 1, 2019

    A story in the March 5th Mainebiz Daily Report regarding workers' compensation legislation, "Maine AFL-CIO backs bills that would revise workers' compensation law," tells just one side of the story — the perspective of organized labor.

    Michael Bourque, executive director of MEMIC Updated: April 1, 2019
  • Spring flooding season prompts flood insurance warning

    Staff March 27, 2019

    Maine Bureau of Insurance is encouraging those who live within or near high-risk flood zones to sign up for flood coverage.

    Staff March 27, 2019
  • Meet the Mainebiz Business Leaders of the Year

    Peter Van Allen Updated: March 18, 2019

    We hear a lot about “makers” these days and it typically means furniture makers, boat builders, crafts people.

    Peter Van Allen Updated: March 18, 2019
  • Business Leaders of the Year 2019

    Updated: March 18, 2019

    This year we recognize leaders who started a manufacturing business, are revitalizing a downtown and are leading investment of hundreds of millions of dollars in health care and veterans’ housing.  

    Updated: March 18, 2019
  • Five Maine ‘healthy food’ nonprofits receive $125K from Harvard Pilgrim

    February 12, 2019

    Harvard Pilgrim Health Care Foundation has awarded $125,000 to five Maine community food programs, part of the nearly $625,000 in new Healthy Food Fund grants awarded to 25 nonprofits in Connecticut, Maine, Massachusetts and New Hampshire.

    February 12, 2019
  • Geico enters Maine market with new Portland office

    Staff January 10, 2019

    Geico, the nationwide insurance company owned by Warren Buffett's conglomerate Berkshire Hathaway Inc., has opened its first office in Maine, staffed by seven licensed agents.

    Staff January 10, 2019
  • Insurance: Clark Insurance's COO is betting on a strong year

    William Hall January 7, 2019

    Insurance is by definition a calculated risk, so Jeff Lind, COO at Clark Insurance, hedges his bets when he predicts what the year may hold for the state's businesses.

    William Hall January 7, 2019
  • Maine ACA enrollment down 5.5% from 2018

    Staff December 20, 2018

    Enrollment in Maine's Affordable Care Act marketplace for 2019 is down 5.5%, with 71,577 people enrolling by Saturday's deadline. By comparison, 75,089 Mainers enrolled for ACA health insurance in 2018, according to the federal Centers for Medicare

    Staff December 20, 2018
  • MEMIC named Maine’s ‘insurance company of the year’

    Staff December 3, 2018

    Members of the Maine Insurance Agents Association presented its “Insurance Company of the Year” award to MEMIC at the association's recent Young Agents Sales & Leadership Conference.

    Staff December 3, 2018
  • Unum acquires California dental HMO

    Staff November 12, 2018

    Insurance provider Unum Group (NYSE: UNM), which employs 2,800 people in Maine, has acquired Jaimini Health Inc., a dental health maintenance organization headquartered in Rancho Cucamonga, Calif.

    Staff November 12, 2018
  • Maine State Chamber honors John Leonard with its most prestigious award

    Staff October 29, 2018

    John T. Leonard, who stepped down in September 2017 after a 24-year tenure as president and CEO of The MEMIC Group, has received the Maine State Chamber of Commerce's most prestigious award for his leadership and contributions to Maine.

    Staff October 29, 2018
  • Old Orchard Beach appeals flood insurance rate map changes

    Staff October 29, 2018

    Old Orchard Beach filed a formal appeal of the proposed Federal Emergency Management Agency flood plain map on Oct. 26.

    Staff October 29, 2018
  • Car crashes rise in first states with retail sales of recreational marijuana

    Staff October 24, 2018

    Crashes are up by as much as 6% in Colorado, Nevada, Oregon and Washington, compared with neighboring states that haven't legalized marijuana for recreational use, new research from the Insurance Institute for Highway Safety and Highway Loss Data

    Staff October 24, 2018
  • Acadia Insurance to pay $1.4M in dividends to logging contractors

    Staff October 18, 2018

    Acadia Insurance, a W. R. Berkley company recently, announced that it will pay more than $1.4 million in premium dividends to eligible policyholder members of the Professional Logging Contractors of Maine Safety Group.

    Staff October 18, 2018
  • Owner says Mechanic Falls mill was uninsured at time of blaze

    October 17, 2018

    Charles Starbird, owner of the former Marcal Paper Mill that was destroyed by fire on Sunday, told the Lewiston Sun Journal he did not have insurance on the buildings.

    October 17, 2018

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Today's Poll

Do you support amending the federal trade act to allow American-grown food to be purchased by Cuban buyers on credit instead of only by cash?
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Poll Description

U.S. Sens. Susan Collins, R-Maine, and Angus King, I-Maine, have joined a bipartisan group of senators in introducing the “Agricultural Export Expansion Act of 2019,” legislation to remove a major hurdle for American farmers and ranchers aiming to sell American agricultural products in the Cuban market. The bipartisan bill would support jobs in Maine and throughout the country by lifting restrictions on private financing for U.S. agricultural exports to Cuba.

Collins and King noted in a recent news release that the 2018 Farm Bill took steps to help American agriculture access the Cuban market by allowing funding for U.S. Department of Agriculture export promotion programs for U.S. agricultural products to be used in Cuba. However, they said, the biggest barrier for producers as they seek access to Cuba is the Trade Sanctions and Reform Act’s prohibition on providing private credit for those exports, which forces Cubans to pay with cash up-front for American-grown food. As a result, American farm goods have become less competitive, and Cuba has turned to other countries that are able to extend credit directly to Cuban buyers for transactions. 

The proposed bill would amend the Trade Sanctions and Reform Act to allow for private financing of agricultural exports and level the playing field for American farmers competing in the global market.

Noting that farming continues to be a major economic driver of Maine’s rural communities, Collins and King said the legislation would “open up a significant new export opportunity, without costing the government any money or risking any taxpayer dollars.”