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As more Maine employers look to increase their attractiveness to current and potential employees, Presque Isle-based Thompson Financial Group recently began offering group insurance benefits as a new service to its business clients.
A sister business of John Hancock Life Insurance has purchased the property for an undisclosed price, as part of the company's portfolio of climate-friendly investments.
Mainebiz talks with five families about what it takes to operate a successful business whose personnel and perspectives span generations. One owner says it's not about being a family-owned business, but a family that owns a business.
In Maine, family-owned firms make up 80% of all businesses. But for many of them, including Geiger, L.L.Bean, Hancock Lumber and Hussey Seating, the C-suite is now home to decision-makers without a family connection.
With vaccines rolling out and a better economy, the benefits provider said its financial underpinnings position it for growth in the second half of 2021.
New public service announcements, by Harvard Pilgrim Health Care and Northern Light Mercy Hospital, feature sports celebrities urging Maine residents to get inoculated.
While many companies tend to be skittish about taking stands on politics and world events, the deaths of George Floyd, Ahmaud Arbery and Breonna Taylor were somehow different.
Conversations about sexual orientation, race and religion may seem out of place at a corporation, but talking about those issues is exactly what needs to happen to change a culture and embrace diversity.
Cross Insurance and Bangor Savings Bank will share a building on the "best corner" in the town, an arrangement that's unusual for both businesses. In other construction news, a spring groundbreaking is expected for a vertical greenhouse in Westbrook.
The nonprofit trade group issued a request for proposals this week and plans to make a decision on a partner by May 1.
Hannaford again received a top grade in the annual Corporate Equality Index, and L.L.Bean Inc. nearly doubled its score. Other Maine businesses earned high marks, too.
A financial services ranking that measures costs of insurance, crime prevention and more, found Lewiston, Bangor and Portland to be way down the list of "safest cities" in the U.S. between 30,000 and 100,000 people.
Maine is one of the country's most dangerous states for workers when it comes to wintertime slips, trips and falls. The Portland company says it's trying to "walk the walk" in preventing accidents among its own employees.
Average car insurance costs for 2021 are down for the first time in a decade, partly because Americans have been driving less during the pandemic. In Maine, the insurance cost for drivers is estimated to be the lowest in the U.S.
Maine's hospitals, clinics and other health care organizations have been ground zero of the pandemic. Even with the rollout of COVID-19 vaccines and the widespread adoption of remote technology, the industry will be hard pressed in 2021.
The state's Unclaimed Property Office is ready to pay out millions of dollars to the owners of lost or abandoned bank accounts, life insurance policies and other assets — as soon as those owners can be found.