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Insurance
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Chicago-based brokerage buys second Maine insurance agency
October 19, 2017Chicago-based Hub International Ltd. has acquired the assets of a second Cumberland insurance agency. The 400-office brokerage bought Graffam Insurance Group, the brokerage reported Tuesday.
October 19, 2017Blue Heron likes what it sees in STARC Systems
October 16, 2017STARC Systems, a Brunswick company that makes sound-deadening construction barriers for hospital work environments, secured $3.5 million in investment.
October 16, 2017
Safety pays off: MEMIC issuing record $21M dividend to employers
October 4, 2017The MEMIC Group announced Tuesday that it will issue a record policyholder dividend this November of $21 million to approximately 18,000 Maine employers.
October 4, 2017
Tony Payne rejoins MEMIC as senior VP
September 26, 2017Workers' compensation specialist The MEMIC Group has appointed Anthony "Tony" Payne to the post of senior vice president, external affairs.
September 26, 2017
Good Food Bus sets new records at 12 Maine bus stops
September 12, 2017The nonprofit Good Food Bus, a mobile food market operated by St. Mary's Nutrition Center and Cultivating Community, is setting new records its second full summer season.
September 12, 2017
FEMA woes heighten concerns about Kennebec Valley flood zone insurance
September 12, 2017Rising flood insurance rates, pushed higher by recent storms nationwide and expiration of the National Flood Insurance Program, is already having an effect on development in the flood-prone Kennebec River cities of Augusta, Hallowell and Gardiner.
September 12, 2017Health insurance questions drive some companies to self-insure
August 9, 2017Some mid-size companies are opting to self-insure their employees rather than contract with a third-party insurance provider.
August 9, 2017Insurer sues Electricity Maine to avoid potential costs from class-action suit
July 25, 2017An insurance company has filed a lawsuit against Electricity Maine seeking to avoid potential costs or damages that could result from a separate class-action lawsuit filed against the Auburn retail electricity supplier last November.
July 25, 2017
Cross Insurance acquires another Mass. insurance agency
June 6, 2017Cross Insurance, a subsidiary of Bangor-based Cross Financial Corp. and one of the largest independent insurance providers in New England, has acquired its 16th Massachusetts insurance agency.
June 6, 2017State picks Anthem to administer insurance plan for state employees
May 31, 2017Anthem Blue Cross and Blue Shield was selected by the state to administer a $5.5 million annual contract to oversee the health insurance plan for 28,000 current and former state employees and their dependents.
May 31, 2017Harvard Pilgrim awards five ‘Quality Grants’ in Maine
May 22, 2017Five physician practices in Maine are among 14 providers in Massachusetts, Maine and New Hampshire that will receive grants this year from Harvard Pilgrim Health Care's Quality Grants Program.
May 22, 2017
MEMIC names Bourque as next president and CEO
May 12, 2017The board of directors for workers' compensation specialists The MEMIC Group named company veteran Michael P. Bourque as its president and CEO. He will succeed John T. Leonard, who is retiring later this year.
May 12, 2017
Cross Insurance acquisition expands its Massachusetts footprint
May 9, 2017Cross Insurance, a subsidiary of Cross Financial Corp. and one of the largest independent insurance providers in New England, continues to grow its presence in Massachusetts with the purchase of the A.E. Barnes Insurance Agency of South Weymouth.
May 9, 2017
Poliquin explains vote, but Collins has questions about AHCA bill
May 5, 2017The Republican-led U.S. House of Representatives on Thursday voted 217-213 to pass a bill that rolls back major provisions of the Affordable Care Act, sending the measure to an uncertain fate in the Senate.
May 5, 2017
On the record: Michael Bourque on navigating new workplace challenges
April 24, 2017Michael Bourque, senior vice president of external affairs at the Maine Employers Mutual Insurance Co., better known as MEMIC, is busy navigating changes in laws, including those affecting marijuana use, and workplace guidelines.
April 24, 2017FEMA issuing revised flood insurance rate maps
April 11, 2017The Federal Emergency Management Agency announced Monday it will be releasing flood insurance rate maps, including revised preliminary maps and flood insurance studies for York and Cumberland counties on April 14.
April 11, 2017
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