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Insurance
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Chicago firm scoops up two Maine Norton agencies
October 4, 2016With 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.
October 4, 2016
Navigating Medicare billing — and creating rural Maine jobs
September 19, 2016Dr. 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
September 19, 2016ACA rate increases approved by Maine Bureau of Insurance
August 19, 2016Customers 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, 2016Cioppa rejects insurer’s bid to raise car insurance rates for seniors
August 12, 2016Maine 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, 2016Cross Financial appoints new treasurer, vice president
August 4, 2016The 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.
August 4, 2016New chair of Maine Insurance Association a familiar face
July 26, 2016Michelle 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.
July 26, 2016WEX inks deal with niche insurer
July 22, 2016Corporate 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, 2016Cross Insurance acquires insurance competitor
July 20, 2016The 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.
July 20, 2016Unum job cuts are 'speculation and hearsay,' the company says
June 17, 2016A 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
May 23, 2016Like 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.
May 23, 2016
Cutting weight, health care costs with employee wellness programs
May 23, 2016Dan 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.
May 23, 2016Unum expands portfolio with $127 million deal
April 5, 2016Unum (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
January 25, 2016Patriot 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.
January 25, 2016Maine insurance regulators recover $1.5M for residents
January 18, 2016The 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
Patriot Insurance finds a permanent home
January 13, 2016Patriot 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 community connections.
January 13, 2016Brent Cross of Cross Insurance remembered by Patriots owner as 'brilliant strategic marketer'
November 30, 2015Brent Cross, an executive at Bangor-based Cross Insurance Agency who oversaw significant growth and facilitated partnerships with Boston sports teams, died of cancer on Thanksgiving Day.
November 30, 2015
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