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Insurance
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Health insurance competition heats up in ACA marketplace
October 20, 2015Harvard 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, 2015MEMIC announces $18M dividend for 17,000 Maine policyholders
October 1, 2015Workers' 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
September 21, 2015The 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.
September 21, 2015
Building a benefits practice: Wakelin, Hallock and O'Donovan join Eaton Peabody's Portland office
September 7, 2015The 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.
September 7, 2015Cross Insurance forms car, truck dealer practice
September 4, 2015Cross 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, 2015How to meet the ACA’s new employer reporting requirements
August 17, 2015Employers will be busy this fall preparing for new reporting requirements that are obligated by the Affordable Care Act.
August 17, 2015
Cross Employee Benefits launches new health benefits tool for Maine employers
August 17, 2015Cross 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
August 17, 2015Anthem to acquire Cigna in $54.2B deal
July 24, 2015In 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, 2015U.S. Supreme Court affirms access to ACA insurance subsidies in Maine
June 25, 2015In 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
June 25, 2015Rhode Island insurer sues Downeast Energy
June 2, 2015Amica 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, 2015Allstate Insurance plans Maine expansion
May 21, 2015Allstate 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, 2015Bangor-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, 2015Workers' Comp Board fines state system
May 15, 2015The 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, 2015Harvard Pilgrim awards $40K to Maine community garden programs
April 30, 2015Harvard Pilgrim Health Care Foundation, based in Wellesley, Mass., has awarded almost $40,000 to nine nonprofit community garden programs in Maine.
April 30, 2015
Varney Agency seeks Canadian expansion with new stake in large Quebec sawmill operator
April 15, 2015The family connected to Bangor-based Varney Agency has acquired a one-third ownership stake in what it is calling one of Quebec’s largest independent sawmill operators.
April 15, 2015Anthem: Data breach impacted 531,000 Mainers
April 2, 2015The data breach that hit insurance company Anthem Inc. and its subsidiaries earlier this year impacted 531,000 Mainers, the company confirmed on Wednesday.
April 2, 2015
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