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Insurance

  • Yarmouth loss-control firm acquires Georgia competitor

    William Hall January 7, 2020

    Alexander & Schmidt says the deal will add 25 clients to its portfolio and bring its field staff to over 600 professionals serving all 50 states.

    William Hall January 7, 2020
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    Retaining, engaging workforce key for CEOs at Mainebiz forum in Bangor

    Maureen Milliken November 8, 2019

    Six CEOs discussed their successes, lives and learning curves at "60 Ideas in 60 Minutes" in Bangor, Mainebiz's second CEO breakfast forum of 2019.

    Maureen Milliken November 8, 2019

  • Westbrook-based insurer names chairman, president

    Staff October 21, 2019

    Acadia Insurance said that Douglas Nelson, president since 2011, will become chairman and David LeBlanc will succeed him as president.

    Staff October 21, 2019

  • Maine businesses will get $22M in dividends from Portland insurer

    Staff October 4, 2019

    Roughly 18,000 employers throughout Maine will receive a record-tying total of $22 million in dividends next month from the MEMIC Group, a workers’ compensation insurer based in Portland.

    Staff October 4, 2019

  • Kennebunk Savings' insurance division acquires Buxton agency

    Staff September 3, 2019

    The property and casualty insurance subsidiary of Kennebunk Savings Bank has acquired Kimberly M. Elwell Insurance LLC, an agency in Buxton, for an undisclosed price.

    Staff September 3, 2019

  • Two Maine employers recognized as 'psychologically healthy' workplaces

    Staff April 1, 2019

    Community Health Options in Lewiston and Portland Symphony Orchestra are among this year's eight winners of an annual award recognizing employers who implement workplace practices, backed by psychological science, that advance employee health and

    Staff April 1, 2019

  • Article told only 'one side of the story'

    Michael Bourque, executive director of MEMIC Updated: April 1, 2019

    A story in the March 5th Mainebiz Daily Report regarding workers' compensation legislation, "Maine AFL-CIO backs bills that would revise workers' compensation law," tells just one side of the story — the perspective of organized labor.

    Michael Bourque, executive director of MEMIC Updated: April 1, 2019

  • Spring flooding season prompts flood insurance warning

    Staff March 27, 2019

    Maine Bureau of Insurance is encouraging those who live within or near high-risk flood zones to sign up for flood coverage.

    Staff March 27, 2019

  • Meet the Mainebiz Business Leaders of the Year

    Peter Van Allen Updated: March 18, 2019

    We hear a lot about “makers” these days and it typically means furniture makers, boat builders, crafts people.

    Peter Van Allen Updated: March 18, 2019
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    Business Leaders of the Year 2019

    Updated: March 18, 2019

    This year we recognize leaders who started a manufacturing business, are revitalizing a downtown and are leading investment of hundreds of millions of dollars in health care and veterans’ housing.  

    Updated: March 18, 2019

  • Five Maine ‘healthy food’ nonprofits receive $125K from Harvard Pilgrim

    February 12, 2019

    Harvard Pilgrim Health Care Foundation has awarded $125,000 to five Maine community food programs, part of the nearly $625,000 in new Healthy Food Fund grants awarded to 25 nonprofits in Connecticut, Maine, Massachusetts and New Hampshire.

    February 12, 2019

  • Geico enters Maine market with new Portland office

    Staff January 10, 2019

    Geico, the nationwide insurance company owned by Warren Buffett's conglomerate Berkshire Hathaway Inc., has opened its first office in Maine, staffed by seven licensed agents.

    Staff January 10, 2019

  • Insurance: Clark Insurance's COO is betting on a strong year

    William Hall January 7, 2019

    Insurance is by definition a calculated risk, so Jeff Lind, COO at Clark Insurance, hedges his bets when he predicts what the year may hold for the state's businesses.

    William Hall January 7, 2019

  • Maine ACA enrollment down 5.5% from 2018

    Staff December 20, 2018

    Enrollment in Maine's Affordable Care Act marketplace for 2019 is down 5.5%, with 71,577 people enrolling by Saturday's deadline. By comparison, 75,089 Mainers enrolled for ACA health insurance in 2018, according to the federal Centers for Medicare

    Staff December 20, 2018

  • MEMIC named Maine’s ‘insurance company of the year’

    Staff December 3, 2018

    Members of the Maine Insurance Agents Association presented its “Insurance Company of the Year” award to MEMIC at the association's recent Young Agents Sales & Leadership Conference.

    Staff December 3, 2018

  • Unum acquires California dental HMO

    Staff November 12, 2018

    Insurance provider Unum Group (NYSE: UNM), which employs 2,800 people in Maine, has acquired Jaimini Health Inc., a dental health maintenance organization headquartered in Rancho Cucamonga, Calif.

    Staff November 12, 2018

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Today's Poll

What's your mode of transportation for Thanksgiving?
Poll Description

Sponsored by Kennebunk Savings Bank

For many, Thanksgiving means gathering with family and friends. It can also mean travel headaches.

AAA predicts a record 81.8 million people will travel at least 50 miles from home between Tuesday, Nov. 25, and Monday, Dec. 1. 

Of those travelers, 73 million will go by car — up 1.3 million from a year ago.  

With the federal shutdown resolved, air travel is expected to be back at normal levels — although, in this case, it will mean normal Thanksgiving levels. AAA predicts that 6 million people will travel by air, a 2% increase. (Last year, Portland International Jetport broke its Thanksgiving travel record, with 64,348 travelers, up from 54,636 in 2023.) 

Another 2.5 million people will travel by bus, train or cruise ship.

More Information