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Insurance

  • MEMIC pays $15M in dividends

    The Mainebiz News Staff September 25, 2008

    MEMIC's Board of Directors this morning voted to distribute $15 million in dividends to its Maine policyholders.

    The Mainebiz News Staff September 25, 2008
  • Dirigo savings downgraded

    The Mainebiz News Staff September 24, 2008

    The state's insurance superintendent has lowered the amount of savings attributed to the state's Dirigo Health program last year to $48.7 million, about a third of what the Dirigo agency board claimed in July.

    The Mainebiz News Staff September 24, 2008
  • Anthem could boot Ellsworth hospital

    The Mainebiz News Staff September 18, 2008

    Maine Coast Memorial Hospital in Ellsworth soon could lose its membership with Anthem Blue Cross and Blue Shield of Maine, which would leave more than 5,000 people in the area covered by Anthem unable to get coverage for treatment at the hospital.

    The Mainebiz News Staff September 18, 2008
  • Insurance head mulls $80M assessment

    The Mainebiz News Staff September 10, 2008

    Maine's superintendent of insurance has two weeks to make a final decision on how much health insurance companies and self-insured businesses will pay to fund Dirigo Health, the state's subsidized health insurance program.

    The Mainebiz News Staff September 10, 2008
  • Insurance super refuses recusal request

    The Mainebiz News Staff August 27, 2008

    The state's new superintendent of insurance has refused to recuse herself from a hearing on the state's DirigoChoice insurance plan, while denying claims that she is prejudiced in favor of the plan.

    The Mainebiz News Staff August 27, 2008
  • Safe at work | Talking workers' comp with John Leonard, president and CEO of Portland-based insurer The MEMIC Group

    Whit Richardson February 25, 2008

    In the early 1990s, Maine's workers' compensation market was a wreck. Workplace injuries were well beyond the national average, costs were spiraling out of control and private insurers were quitting the state in droves.

    Whit Richardson February 25, 2008
  • Calculated bet | With five acquisitions in the last 12 months, Northeast Bank has made a splash in Maine's insurance market

    Whit Richardson November 12, 2007

    Last year, Northeast Bank began an acquisition binge, gobbling up five Maine insurance agencies in a bid to diversify its income streams and product offerings.

    Whit Richardson November 12, 2007
  • Just three years after its ambitious launch, some say it's time to pull the plug on Maine's DirigoChoice health insurance program

    Sara Donnelly November 12, 2007

    Hildie Lipson is crossing her fingers that DirigoChoice enjoys a long, healthy life. Lipson runs the Augusta nonprofit MaineShare, which raises money for charitable organizations, with one full-time worker.

    Sara Donnelly November 12, 2007

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Today's Poll

What’s your go-to beach read?
Choices
Poll Description

Summer in New England – or anywhere else for that matter – is an ideal time for pleasure reading, and tastes can vary widely as we recently wrote about in a seasonal feature story.

With Maine's abundance of independent bookstores, including a new vendor on wheels making the rounds in the midcoast region, we're keen to know what you're paging through.