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Car crashes rise in first states with retail sales of recreational marijuana
October 24, 2018Crashes are up by as much as 6% in Colorado, Nevada, Oregon and Washington, compared with neighboring states that haven't legalized marijuana for recreational use, new research from the Insurance Institute for Highway Safety and Highway Loss Data
October 24, 2018
Acadia Insurance to pay $1.4M in dividends to logging contractors
October 18, 2018Acadia Insurance, a W. R. Berkley company recently, announced that it will pay more than $1.4 million in premium dividends to eligible policyholder members of the Professional Logging Contractors of Maine Safety Group.
October 18, 2018
Owner says Mechanic Falls mill was uninsured at time of blaze
October 17, 2018Charles Starbird, owner of the former Marcal Paper Mill that was destroyed by fire on Sunday, told the Lewiston Sun Journal he did not have insurance on the buildings.
October 17, 2018
Safety pays: MEMIC issues record $22M in dividends to Maine employers
October 3, 2018More than 17,000 Maine employers will receive a record $22 million in dividends this November from MEMIC Group, the state's leading workers' compensation insurer.
October 3, 2018
As Clark Insurance expands in new HQ, its former HQ is sold
September 30, 2018The sale of the Clark Insurance building at 2385 Congress St. in Portland went quickly once the sellers decided the market was right to sell the building.The building sold for $2.832 million in a deal that closed July 25.
September 30, 2018State’s updated unemployment-tax system set to launch in November
June 11, 2018The Maine Department of Labor plans to begin the second phase of its modernized replacement system for Maine's unemployment insurance program — which is called ReEmployME — with the launch of registration for new Maine employers in August.
June 11, 2018
Maine looking to reinstate 'high-risk reinsurance' pool
April 11, 2018As the Affordable Care Act continues to be dismantled by the Republican-led Congress and the Trump administration, Maine's Bureau of Insurance is proposing to reintroduce a successful state program that pooled high-risk individuals as a way to
April 11, 2018
Clark Insurance takes over new space
March 21, 2018Clark Insurance Co., one of Maine's largest insurance agencies, moved into new space in Portland's Stroudwater neighborhood.
March 21, 2018
Maine employers to see lower workers' comp premiums this year
February 22, 2018Maine Insurance Superintendent Eric Cioppa has approved the National Council on Compensation Insurance Inc.'s proposed 2018 “loss costs” for Maine, which should result in lower workers' comp premiums for most industries.
February 22, 2018
Maine among most affordable states for auto, homeowners insurance
February 12, 2018For the fifth consecutive year Maine ranked third nationally for lowest average auto insurance premiums, according to recently released reports by the National Association of Insurance Commissioners.
February 12, 2018
MEMIC named 'best workers' comp company' in America
January 23, 2018The MEMIC Group is ranked the top workers' compensation company in the United States by ACORD, the global standards-setting body for the insurance industry.
January 23, 2018Chalmers Insurance passes the torch to next generation
January 10, 2018Bruce and Bill Chalmers have transferred ownership of the Chalmers Insurance Group to the fourth generation of Chalmers family members, Jim Chalmers and Dottie Chalmers Cutter, effective Jan. 1.
January 10, 2018
Patriot Insurance opens new headquarters in Yarmouth
November 21, 2017The opening of Patriot Insurance's new headquarters on U.S Route 1 is the latest in a series of recent business development in Yarmouth that includes Tyler Technologies' $28 million expansion.
November 21, 2017
MEMA assessing storm damage to see if Maine qualifies for federal relief
November 17, 2017Maine Emergency Management Agency deployed seven teams to 14 Maine counties Thursday to begin assessing damages from the Oct. 29-30 windstorm that caused nearly 500,000 power outages throughout the state.
November 17, 2017
MMG Insurance makes pledge in support of Husson’s $16M building project
November 3, 2017MMG Insurance, a regional property and casualty insurance company headquartered in Presque Isle, has pledged $50,000 in support of the proposed new Husson College of Business building on the university's Bangor campus and technology improvements to
November 3, 2017Cross Insurance acquires the Holden Agency and its benefits division
November 1, 2017Bangor-based Cross Insurance, a subsidiary of Cross Financial Corp. and one of the largest independent insurance providers in New England, has acquired the Holden Agency and its benefits division, Employee Benefits Solutions Inc., both based in
November 1, 2017
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