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Insurance

  • 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

  • MEMIC issues $20M dividend to Maine policyholders

    Staff October 4, 2016

    Portland-based workers' compensation specialist The MEMIC Group announced on Monday that it will issue a record dividend of $20 million to 18,000 Maine policyholders this November.

    Staff October 4, 2016

  • Chicago firm scoops up two Maine Norton agencies

    Staff October 4, 2016

    With its eyes set on expanding its presence in New England, Chicago-based insurance firm Hub International Ltd. has acquired the assets of Cumberland Foreside-based Norton Insurance Agency Inc. and Norton Financial Services Inc.

    Staff October 4, 2016

  • Navigating Medicare billing — and creating rural Maine jobs

    Lori Valigra September 19, 2016

    Dr. Dan Mingle knew he was onto something when he founded the South Paris-based Mingle Analytics in 2011. Health care costs were spiraling up, and national reimbursers like Medicare were starting to look at the quality of care they were getting for

    Lori Valigra September 19, 2016

  • ACA rate increases approved by Maine Bureau of Insurance

    August 19, 2016

    Customers of three insurers that offer Affordable Care Act individual marketplace plans could see double-digit rate increases as the Maine Bureau of Insurance has given the go-ahead for the rise.

    August 19, 2016

  • Cioppa rejects insurer’s bid to raise car insurance rates for seniors

    August 12, 2016

    Maine Superintendent of Insurance Eric Cioppa has rejected Progressive Corp.'s request to raise car insurance rates for older Maine drivers based solely on their age.

    August 12, 2016

  • Cross Financial appoints new treasurer, vice president

    Staff August 4, 2016

    The New England-based independent insurance provider Cross Insurance said it has hired Christopher Hersey as vice president and treasurer of its subsidiary, Cross Financial Corp.

    Staff August 4, 2016

  • New chair of Maine Insurance Association a familiar face

    Staff July 26, 2016

    Michelle Ibarguen, the Augusta branch manager and president of the independent insurance provider Cross Insurance, has been appointed chairwoman for the board of the Maine Insurance Association.

    Staff July 26, 2016

  • WEX inks deal with niche insurer

    July 22, 2016

    Corporate payment solutions company WEX Inc. (NYSE: WEX) said Thursday it signed a virtual payments agreement with Aquarium Software, a specialty insurer for pets, travel and gadgets.No value was provided for the deal.

    July 22, 2016

  • Cross Insurance acquires insurance competitor

    Staff July 20, 2016

    The Bangor-based independent insurance provider Cross Insurance announced the acquisition of the Maine insurance agency Sargent, Tyler & West and its Bucksport branch office, the Roland Grindle Insurance Agency.

    Staff July 20, 2016

  • Unum job cuts are 'speculation and hearsay,' the company says

    June 17, 2016

    A U.S. labor website and an anonymous employee in the Portland office of the Chattanooga, Tenn.-based disability insurance provider Unum, has told the Portland Press Herald that the company is looking at outsourcing hundreds of jobs, including over

    June 17, 2016

  • As costs rise, employers look for the next perfect-fit coverage plan

    Jennifer Van Allen May 23, 2016

    Like a lot of small business owners, when Nancy Marshall went to renew the health insurance policy for her 14 employees last fall, she was in for some serious sticker shock. Deductibles were jumping from $500 to $2,500 for individual employees.

    Jennifer Van Allen May 23, 2016

  • Cutting weight, health care costs with employee wellness programs

    Laurie Schreiber May 23, 2016

    Dan Bookham enjoys his work at Allen Insurance and Financial, where he's the business development director and a commercial insurance producer at the firm's office in Camden. But over time, he became increasingly sedentary and his diet worsened.

    Laurie Schreiber May 23, 2016

  • Unum expands portfolio with $127 million deal

    April 5, 2016

    Unum (NYSE: UNM), which is based in Chattanooga, Tenn., entered into an agreement to buy H&J Capital LLC, parent of Starmount Life Insurance Co. and AlwaysCare Benefits, for $127 million plus net assets.

    April 5, 2016

  • Patriot Insurance finds new home

    Laurie Schreiber January 25, 2016

    Patriot Insurance's purchase and planned development of a historic motel complex on Route 1 in Yarmouth will give the company a permanent home and further connections to the town where it is based.

    Laurie Schreiber January 25, 2016

  • Maine insurance regulators recover $1.5M for residents

    January 18, 2016

    The Maine Bureau of Insurance recovered nearly $1.5 million for Maine residents in 2015 after receiving more than 6,400 inquiries and investigating 800 complaints.

    January 18, 2016

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Today's Poll

What's your mode of transportation for Thanksgiving?
Poll Description

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.

More Information