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Insurance

  • Patriot Insurance finds a permanent home

    Laurie Schreiber January 13, 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 community connections.

    Laurie Schreiber January 13, 2016
  • Brent Cross of Cross Insurance remembered by Patriots owner as 'brilliant strategic marketer'

    November 30, 2015

    Brent 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
  • Health insurance competition heats up in ACA marketplace

    October 20, 2015

    Harvard Pilgrim Health Care is aiming to sign up a larger share of Mainers purchasing subsidized insurance for next year on the Affordable Care Act's health insurance marketplace.

    October 20, 2015
  • MEMIC announces $18M dividend for 17,000 Maine policyholders

    October 1, 2015

    Workers' compensation insurer MEMIC announced Wednesday it will issue a dividend of $18 million to more than 17,000 policyholders in Maine in November.

    October 1, 2015
  • ACA employer mandate moves full steam ahead

    Laurie Schreiber September 21, 2015

    The one-year grace period that delayed full implementation of the Affordable Care Act's employer shared responsibility rule, or the employer mandate, is coming to an end.

    Laurie Schreiber September 21, 2015
  • Building a benefits practice: Wakelin, Hallock and O'Donovan join Eaton Peabody's Portland office

    James McCarthy September 7, 2015

    The Portland law firm of Wakelin, Hallock and O'Donovan has joined with Eaton Peabody, creating what both firms say will be the second largest employee benefits and executive compensation practice group in the state after Verrill Dana.

    James McCarthy September 7, 2015
  • Cross Insurance forms car, truck dealer practice

    September 4, 2015

    Cross Insurance is forming a dedicated “Franchised Dealer Practice” that will focus on the increasingly changing and complex needs of new car and truck dealerships.

    September 4, 2015
  • How to meet the ACA’s new employer reporting requirements

    Ellen Mcpherson August 17, 2015

    Employers will be busy this fall preparing for new reporting requirements that are obligated by the Affordable Care Act.

    Ellen Mcpherson August 17, 2015
  • Cross Employee Benefits launches new health benefits tool for Maine employers

    James McCarthy August 17, 2015

    Cross Employee Benefits, a subsidiary of Bangor-based Cross Insurance Financial Corp., one of the largest insurance providers in New England, is launching a private health insurance exchange to help its business clients and their employees keep pa

    James McCarthy August 17, 2015
  • Anthem to acquire Cigna in $54.2B deal

    July 24, 2015

    In the largest-ever acquisition of a health insurer, Anthem announced today it had agreed to purchase Cigna in a deal valued at $54.2 billion, including debt.

    July 24, 2015
  • U.S. Supreme Court affirms access to ACA insurance subsidies in Maine

    James McCarthy June 25, 2015

    In a 6-3 ruling announced Thursday morning, the U.S. Supreme Court affirmed that the Affordable Care Act allows Americans in all states, not just those that established their own exchanges, to receive insurance premium subsidies under the health

    James McCarthy June 25, 2015
  • Rhode Island insurer sues Downeast Energy

    June 2, 2015

    Amica Mutual Insurance Co. of Rhode Island has sued Downeast Energy in federal court, claiming that a technician's negligence caused a fire at an insured house in Freeport.

    June 2, 2015
  • Allstate Insurance plans Maine expansion

    May 21, 2015

    Allstate Insurance Co. is planning to add 21 new positions in Maine, citing the state’s “strong economy” as the reason for the expansion.

    May 21, 2015
  • Cross Insurance acquires Rhode Island agency

    May 19, 2015

    Bangor-based Cross Insurance has acquired a full-service insurance agency in Rhode Island, expanding its reach in southern Rhode Island and southeastern Connecticut.

    May 19, 2015
  • Workers' Comp Board fines state system

    May 15, 2015

    The Maine Workers’ Compensation Board has issued a $20,850 fine to the state’s own system for workers’ compensation over reporting errors found in an audit.

    May 15, 2015
  • Harvard Pilgrim awards $40K to Maine community garden programs

    April 30, 2015

    Harvard Pilgrim Health Care Foundation, based in Wellesley, Mass., has awarded almost $40,000 to nine nonprofit community garden programs in Maine.

    April 30, 2015

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Today's Poll

What's your mode of transportation for Thanksgiving?
Choices
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.