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Workers' comp insurer MEMIC Group will pay out dividend of $18.7M to policyholders
Peter Van Allen Updated: October 9, 2024Portland-based MEMIC Group approved an $18.7 million dividend distribution to as many as 17,000 eligible policyholders who obtain their workers’ compensation insurance from the company.
Peter Van Allen Updated: October 9, 2024
Rural lessons: Maine CEOs talk about what they learned growing up in a small town
Boden Terry, Mainebiz intern August 25, 2024Growing up in rural Maine offers lessons you can’t buy in an MBA program or gain in the boardroom, say three of the state's prominent business leaders.
Boden Terry, Mainebiz intern August 25, 2024
Newsworthy people and performances for Aug. 19, 2024
Updated: August 19, 2024A roundup of new hires, promotions and achievements at Maine businesses, nonprofits, health care institutions and professional services firms.
Updated: August 19, 2024
Royce Cross wins top award from Insurance Library Association of Boston
Peter Van Allen Updated: August 8, 2024Royce Cross started at family-owned Cross Insurance in 1970, working alongside his father Woodrow Cross, and has since overseen significant growth.
Peter Van Allen Updated: August 8, 2024
Credit rating outlook for MEMIC Group is on the upswing
Laurie Schreiber Updated: June 3, 2024Global credit rating agency A.M. Best upgraded its outlook for the Portland workers' comp insurer from negative to stable, and affirmed the company's other ratings of excellent.
Laurie Schreiber Updated: June 3, 2024
How to protect your property from flooding
Doug Willett and Lynnsey McDonough May 14, 2024After this past winter's severe storms, many Mainers are reassessing their insurance policies and how they're protected from flooding. Guest columnists Doug Willett and Lynnsey McDonough offer some suggestions.
Doug Willett and Lynnsey McDonough May 14, 2024
How to avoid having a board that's a weak link
Ward Graffam Updated: April 5, 2024Guest columnist Ward Graffam, former chairman and CEO of Unum UK, offers advice about how to create a strong board.
Ward Graffam Updated: April 5, 2024
At corporate spelling bee, Maine execs spar over words like 'pilcrow' and 'wobbulator'
Alexis Wells and Renee Cordes March 28, 2024The final round came down to Jessica Estes, president of the Boulos Co., who was playing for Learning Works, and Jacqueline Edmondson, president of the University of Southern Maine, who was playing for the USM Scholarship Fund.
Alexis Wells and Renee Cordes March 28, 2024
How to benefit your business with employee benefits
Chris Pyne, Unum Updated: April 1, 2024Employees are increasingly seeking more than just a standard compensation package, writes guest columnist Chris Pyne of Unum. They want better, more creative offerings that encourage personal well-being and enhanced work-life balance.
Chris Pyne, Unum Updated: April 1, 2024
Kennebunk Savings subsidiary names director of insurance operations
Alexis Wells Updated: March 19, 2024Kennebunk Savings Insurance has appointed Mark Ross as its director of insurance operations.
Alexis Wells Updated: March 19, 2024
Employee-owned Allen Insurance names next director of investment management
Alexis Wells February 16, 2024Allen Insurance and Financial has named Abraham Dugal as director of investment management.
Alexis Wells February 16, 2024
Turning the tide: How climate change is reshaping waterfront development in Maine
Renee Cordes Updated: February 5, 2024From Maine’s coast to inland rivers, private developers and others are building with an eye to a stormier future. They see it not just as a challenge, but as an opportunity to innovate.
Renee Cordes Updated: February 5, 2024
'Thankful for the simple things': What 10 Mainers are grateful for this Thanksgiving
Renee Cordes Updated: November 22, 2023Mainebiz asked 10 movers and shakers from around the state what they are most thankful for this Thanksgiving. One response: "Maine is a magical place and I appreciate living and working here more than ever.”
Renee Cordes Updated: November 22, 2023-
MEMIC to distribute $18M in annual dividends
Renee Cordes Updated: October 12, 2023Checks will go out to 14,000 Maine policyholders starting in mid-November from the Portland-based workers' compensation insurance company.
Renee Cordes Updated: October 12, 2023 
Newsworthy people and performances for Sept. 18, 2023
Updated: September 18, 2023A roundup of new hires, promotion and achievements at companies, health care operations and nonprofits around Maine.
Updated: September 18, 2023
Newsworthy people and performances for Sept. 4, 2023
Updated: September 4, 2023A roundup of new hires, promotions and achievements and businesses and nonprofits around Maine.
Updated: September 4, 2023
Today's Poll
Sponsored by Kennebunk Savings Bank
For many, Thanksgiving means gathering with family and friends. It can also mean travel headaches.
AAA predicts a record 81.8 million people will travel at least 50 miles from home between Tuesday, Nov. 25, and Monday, Dec. 1.
Of those travelers, 73 million will go by car — up 1.3 million from a year ago.
With the federal shutdown resolved, air travel is expected to be back at normal levels — although, in this case, it will mean normal Thanksgiving levels. AAA predicts that 6 million people will travel by air, a 2% increase. (Last year, Portland International Jetport broke its Thanksgiving travel record, with 64,348 travelers, up from 54,636 in 2023.)
Another 2.5 million people will travel by bus, train or cruise ship.
The Giving Guide
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.
Learn More
Work for ME
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.
Learn More
Groundbreaking Maine
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 more-
The Giving Guide
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.
-
Work for ME
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.
-
Groundbreaking Maine
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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