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Insurance

  • FEMA issuing revised flood insurance rate maps

    Staff April 11, 2017

    The Federal Emergency Management Agency announced Monday it will be releasing flood insurance rate maps, including revised preliminary maps and flood insurance studies for York and Cumberland counties on April 14.

    Staff April 11, 2017

  • Workers’ comp premiums to decrease in 2017

    Staff April 3, 2017

    Maine's Bureau of Insurance approved a 4.3% decrease in workers' compensation loss costs, which is expected to result in approximately $9.5 million in expected savings for Maine businesses.

    Staff April 3, 2017

  • Unum's charitable giving exceeds $3.7M in Maine

    Staff March 24, 2017

    Unum and its employees contributed more than $3.7 million last year to nonprofit organizations throughout Maine, part of more than $12.4 million in total charitable support from the company in the United States, the United Kingdom and Ireland.

    Staff March 24, 2017

  • Leading Maine firms put $200K toward first state startup accelerator

    Lori Valigra February 9, 2017

    Portland-based MaineHealth and disability insurer Unum US will each provide $100,000 and other support to collaborate with Portland startup accelerator Venture Hall on its inaugural startup accelerator program this summer.

    Lori Valigra February 9, 2017

  • Community Health Options ends 2016 with a loss

    James McCarthy February 7, 2017

    Community Health Options, the Lewiston-based nonprofit health insurer created under the Affordable Care Act, ended 2016 with preliminary total net losses of $58.3 million, according to a report issued Monday by the Maine Bureau of Insurance.

    James McCarthy February 7, 2017

  • Unum's on a fast-growth trajectory

    Lori Valigra February 6, 2017

    Unum US, with the recent acquisition of dental and vision products and plans for additional supplemental insurance, is poised to continue the exponential growth that boosted aggregate sales by more than $600 million over the past five years.

    Lori Valigra February 6, 2017

  • Maine Bureau of Insurance recovers close to $1M for consumers

    January 31, 2017

    Maine residents made 6,007 calls to the Maine Bureau of Insurance in 2016 and filed 790 complaints related to a wide range of insurance-related issues. Investigations into some of those complaints resulted in $969,769 in recovered funds, according

    January 31, 2017

  • State regulators issue advisory on drone insurance

    Staff January 19, 2017

    Maine regulators advised drone operators that in addition to registering their drone with the Federal Aviation Administration, they would be wise to carry insurance even though it's not required.

    Staff January 19, 2017

  • Clark Insurance now 100% employee owned

    Peter Van Allen January 5, 2017

    Clark Insurance, which started making the transition to employee ownership in 1992, is now 100% employee owned.

    Peter Van Allen January 5, 2017

  • P&C Insurance names Fearon as president

    January 4, 2017

    P&C Insurance, formerly Paquin & Carroll Insurance, announced Tuesday that Josh Fearon has been promoted to president, succeeding Roland Eon, who is retiring.

    January 4, 2017

  • Cioppa elected VP of national insurance commissioners group

    Staff December 22, 2016

    Maine's Insurance Superintendent Eric Cioppa has been elected vice president of the National Association of Insurance Commissioners for 2017 after having served as the NAIC's secretary-treasurer during 2016.

    Staff December 22, 2016

  • MEMIC's first and only CEO to step down next year

    December 15, 2016

    John T. Leonard, who has led Portland-based MEMIC Group since its founding in 1993, will retire in September 2017, the company said Wednesday.

    December 15, 2016

  • Cross Insurance acquires Massachusetts firm

    December 15, 2016

    Cross Insurance, a subsidiary of Cross Financial Corp., has acquired Pittsfield, Mass.-based Colt Insurance, an independent agency founded 80 years ago by Samuel Colt.

    December 15, 2016

  • Federal judge: Community Health Options' $23M lawsuit can proceed

    James McCarthy December 5, 2016

    A federal judge ruled Friday that Lewiston-based health insurer Community Health Options can proceed with its $22.9 million lawsuit against the federal government seeking payments it says it is owed under the Affordable Care Act's "risk corridors"

    James McCarthy December 5, 2016

  • Patriot Insurance starts work at former motel site

    December 4, 2016

    YARMOUTH — After 10 months under contract, Patriot Insurance Co.'s purchase of Down-East Village Motel and Restaurant at 705 U.S. Route 1 was finalized Oct. 14.

    December 4, 2016

  • Trump's vow to repeal ACA leaves uncertainty for covered Mainers

    November 10, 2016

    One of President-elect Donald Trump's campaign promises was to ask Congress to repeal the Affordable Care Act during his first day of office. Now 84,000 Maine residents that have insurance coverage through the ACA may be wondering what happens next.

    November 10, 2016

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Today's Poll

How was the 2025 summer tourism season?
Poll Description

Sponsored by: Kennebunk Savings Bank

With the official end of summer this past weekend, we're taking a look back at how the season unfolded.

Back in early August, we asked how the summer tourism season was going — and at the time, the majority of respondents told us it could be better. And remember, the season started very rainy and ended amid a drought. 

Now that the season has wrapped up, we're checking in again to see how things ended. Did things improve? Did tourism pick up later in the summer, or did the season fall short of expectations?

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