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Insurance

  • Maine State Chamber honors John Leonard with its most prestigious award

    Staff October 29, 2018

    John T. Leonard, who stepped down in September 2017 after a 24-year tenure as president and CEO of The MEMIC Group, has received the Maine State Chamber of Commerce's most prestigious award for his leadership and contributions to Maine.

    Staff October 29, 2018
  • Old Orchard Beach appeals flood insurance rate map changes

    Staff October 29, 2018

    Old Orchard Beach filed a formal appeal of the proposed Federal Emergency Management Agency flood plain map on Oct. 26.

    Staff October 29, 2018
  • Car crashes rise in first states with retail sales of recreational marijuana

    Staff October 24, 2018

    Crashes 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

    Staff October 24, 2018
  • Acadia Insurance to pay $1.4M in dividends to logging contractors

    Staff October 18, 2018

    Acadia 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.

    Staff October 18, 2018
  • Owner says Mechanic Falls mill was uninsured at time of blaze

    October 17, 2018

    Charles 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

    Staff October 3, 2018

    More 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.

    Staff October 3, 2018
  • As Clark Insurance expands in new HQ, its former HQ is sold

    Laurie Schreiber September 30, 2018

    The 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.

    Laurie Schreiber September 30, 2018
  • State’s updated unemployment-tax system set to launch in November

    Staff June 11, 2018

    The 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.

    Staff June 11, 2018
  • Maine looking to reinstate 'high-risk reinsurance' pool

    James McCarthy April 11, 2018

    As 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

    James McCarthy April 11, 2018
  • Clark Insurance takes over new space

    Peter Van Allen March 21, 2018

    Clark Insurance Co., one of Maine's largest insurance agencies, moved into new space in Portland's Stroudwater neighborhood.

    Peter Van Allen March 21, 2018
  • Maine employers to see lower workers' comp premiums this year

    Staff February 22, 2018

    Maine 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.

    Staff February 22, 2018
  • Maine among most affordable states for auto, homeowners insurance

    Staff February 12, 2018

    For 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.

    Staff February 12, 2018
  • MEMIC named 'best workers' comp company' in America

    Staff January 23, 2018

    The MEMIC Group is ranked the top workers' compensation company in the United States by ACORD, the global standards-setting body for the insurance industry.

    Staff January 23, 2018
  • Chalmers Insurance passes the torch to next generation

    Staff January 10, 2018

    Bruce 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.

    Staff January 10, 2018
  • Patriot Insurance opens new headquarters in Yarmouth

    Staff November 21, 2017

    The 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.

    Staff November 21, 2017
  • MEMA assessing storm damage to see if Maine qualifies for federal relief

    Staff November 17, 2017

    Maine 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.

    Staff November 17, 2017

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Today's Poll

What's your mode of transportation for Thanksgiving?
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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.