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Insurance

  • Bureau goes after insurance fraud scheme

    July 3, 2012

    The state has issued cease-and-desist orders to four companies doing business in Maine because of their involvement in a fraudulent health insurance scheme.

    July 3, 2012

  • Anthem seeks rate increase

    Matt Dodge June 11, 2012

    Anthem Health Plans of Maine is planning a 1.7% overall rate increase on its individual policies for the 2012 plan year, which begins July 1.

    Matt Dodge June 11, 2012

  • Anthem files for 1.7% rate increase

    May 31, 2012

    Anthem Health Plans of Maine is planning a 1.7% overall rate increase on its individual policies for the 2012 plan year, which begins July 1.

    May 31, 2012

  • Six companies honored for manufacturing, service work

    May 15, 2012

    Gov. Paul LePage yesterday presented six Maine companies with a 2012 Governor's Award for Business Excellence.

    May 15, 2012

  • Reinsurance provider to add 45 jobs in South Portland

    April 24, 2012

    South Portland-based Custom Disability Solutions, a group disability reinsurance provider, plans to hire more than 45 new employees as part of an expansion of its claims management operations.

    April 24, 2012

  • Workers' comp, unemployment bills signed

    April 19, 2012

    Gov. Paul LePage yesterday signed three bills he said will reduce the cost of doing business in Maine, though Democrats and labor groups said the measures hurt workers’ rights and security.

    April 19, 2012

  • Bangor company Red Sox ‘official insurance broker'

    April 16, 2012

    Bangor-based Cross Insurance has signed a two-year partnership with the Boston Red Sox to be the franchise's official insurance broker.

    April 16, 2012

  • Maine to receive $770K in $9.9M settlement with insurance company

    April 4, 2012

    An insurance company that engaged in unlicensed and unregistered brokerage activity in Maine and three other states has agreed to pay a $9.9 million settlement, the state Office of Securities said in a press release.

    April 4, 2012

  • Court rejects Anthem appeal over rate increase

    February 29, 2012

    The Maine Supreme Judicial Court has again rejected an appeal from Anthem over its desired insurance premium rate increase for 2011-2012.

    February 29, 2012

  • Flat rate increases, limited market spur MEMIC expansion

    December 26, 2011

    Maine's largest provider of workers' compensation insurance is embarking on an expansion plan to push out its southern borders and launch multiple subsidiaries.

    December 26, 2011

  • MEMIC acquires Vermont insurer, plans expansion

    December 20, 2011

    Workers' compensation insurer The MEMIC Group announced today it has acquired a Vermont-based insurer and also plans to expand its operations to Pennsylvania and New Jersey next year.

    December 20, 2011

  • MEMIC doles out $12M in dividends

    The Mainebiz News Staff October 11, 2011

    Portland-based workers' compensation insurer The MEMIC Group is returning $12 million to about 19,000 Maine employers.

    The Mainebiz News Staff October 11, 2011

  • Plan details health insurance exchange

    The Mainebiz News Staff September 27, 2011

    An advisory panel yesterday presented its report outlining the creation of Maine's health insurance exchange, as required by the federal health insurance overhaul, but not all lawmakers were happy with the result.

    The Mainebiz News Staff September 27, 2011

  • N.H. firm added to Cross' roster

    The Mainebiz News Staff September 21, 2011

    Bangor-based Cross Insurance has made another acquisition, this time in New Hampshire, marking its seventh acquisition in 2011.

    The Mainebiz News Staff September 21, 2011

  • Northeast Bancorp sells insurance assets

    The Mainebiz News Staff August 31, 2011

    Northeast Bancorp has sold its insurance division in two separate transactions totaling $9.7 million.

    The Mainebiz News Staff August 31, 2011

  • Bangor's Cross Insurance spreads its lines throughout New England

    Doug Kesseli August 22, 2011

    While insurance companies strive to pinpoint the future risk of their customers, Bangor-based Cross Insurance has prospered in the unpredictable.

    Doug Kesseli August 22, 2011

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Today's Poll

Do your plans call for vacationing in Maine this summer?
Poll Description

Summer is in full swing, and many readers are thinking about where to go next.

Maine often tops the list with its stunning coastline, fresh seafood, peaceful forests and charming small towns. Maine is known as Vacationland for a reason.

Not surprisingly, many people who live in Maine also vacation here. 

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