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Insurance
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Insurance firm owned by Maine's largest credit union names its first CEO
May 4, 2022Atlantic Federal Credit Union became part owner of an insurance agency 20 year ago. Now, as full owner, the credit union has named a longtime executive as president and CEO of the insurance business.
May 4, 2022Cross Insurance buys 2 Massachusetts agencies, continuing historic growth by acquisition
April 29, 2022Cross Insurance, which has grown through more than 120 acquisitions since its founding in 1954, has purchased two Newburyport, Mass.-based agencies.
April 29, 2022
MEMIC promotes 15-year company veteran to CFO
April 28, 2022Eileen Moran Fongemie succeeds Senior Vice President and CFO Dan McGarvey, who announced his retirement last month after 13 years with MEMIC.
April 28, 2022
For insurance scion Royce Cross, after 52 years in business, it's his time in the sun
Updated: April 4, 2022Cross oversees a company with 1,000 employees in more than 50 offices, serving 100,000 customers. The family business has grown through 175-plus acquisitions to become the largest independent insurance provider in New England.
Updated: April 4, 2022
Maine insurance regulator recovered $1.3M last year from investigations
Updated: March 15, 2022The Bureau of Insurance recovered more than $1.3 million on behalf of Maine consumers through investigations conducted in 2021.
Updated: March 15, 2022-
Maine's insurance superintendent, Eric Cioppa, will retire next month
March 10, 2022Eric Cioppa will retire as superintendent of the Maine Bureau of Insurance after serving the agency for 33 years in various roles.
March 10, 2022 
Office space redux: How it's changed in Maine during the pandemic
Updated: March 7, 2022The pandemic may have altered the office permanently, with people seeing the workplace as a site for collaborating rather than everyday duties.
Updated: March 7, 2022
'Water cooler talk' takes a new turn: How hybrid work is changing Maine's workplace communication
Updated: March 7, 2022Hybrid work has not only reshaped the workplace, but also how people communicate with colleagues, clients and customers.
Updated: March 7, 2022
Retirement resets: How some Mainers are scripting their own ‘Great Retirement’ paths
Updated: February 21, 2022Retirement isn't what it used to be, especially during the pandemic. Here's a mix of work-and-play options Mainers from various walks of life are trying out in their post-career lives.
Updated: February 21, 2022Maine employers receive high marks in LGBTQ+ workplace equality index
February 3, 2022Maine companies scored high in the Corporate Equality Index’s annual review of LGBTQ+ policies, with Hannaford Supermarkets again receiving a perfect score.
February 3, 2022Cross Insurance bolsters New England presence with acquisition of Duxbury, Mass., agency
January 12, 2022Founded in 1954, Cross Insurance has acquired more than 120 insurance agencies throughout the Northeast. It now has more than 1,000 employees operating out of offices in six states.
January 12, 2022
MMG Insurance pledges $250K to BigRock Mountain, keeping 'a County tradition' alive
Updated: December 27, 2021A $2.9 million campaign seeks to upgrade lift capacity and shorten lines. BigRock saw local demand for skiing and snowboarding jump over the past year, and expects a new lift to further increase the mountain’s profile.
Updated: December 27, 2021
Unum Q3 earnings miss analysts' forecast, as company copes with pandemic's impact
November 3, 2021Unum's third-quarter earnings fell below Wall Street expectations and the company said its outlook was clouded by COVID-19 pressures.
November 3, 2021Unum Group sets $250M stock buyback
Updated: October 27, 2021The disability insurer, once headquartered in Maine and still employing over 2,000 people in the state, has authorized the repurchase through next year.
Updated: October 27, 2021
MEMIC to pay $17M in workers' comp dividends to Maine businesses
Updated: October 22, 2021The Portland-based workers compensation insurer will pay $17 million to about 14,000 Maine employers.
Updated: October 22, 2021
Not so lonely at the top: Maine CEOs get advice from good sources — each other
Updated: October 19, 2021For six years, a group of Portland-area chief executives from companies like Hannaford and WEX have been informally meeting to share ideas and camaraderie. That help has become more important than ever during the pandemic, says the group's founder,
Updated: October 19, 2021
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