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Insurance

  • MMG Insurance makes pledge in support of Husson’s $16M building project

    Staff November 3, 2017

    MMG 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

    Staff November 3, 2017
  • Cross Insurance acquires the Holden Agency and its benefits division

    Staff November 1, 2017

    Bangor-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

    Staff November 1, 2017
  • Chicago-based brokerage buys second Maine insurance agency

    Maureen Milliken October 19, 2017

    Chicago-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.

    Maureen Milliken October 19, 2017
  • Blue Heron likes what it sees in STARC Systems

    Mainebiz Staff October 16, 2017

    STARC Systems, a Brunswick company that makes sound-deadening construction barriers for hospital work environments, secured $3.5 million in investment.

    Mainebiz Staff October 16, 2017
  • Safety pays off: MEMIC issuing record $21M dividend to employers

    Staff October 4, 2017

    The MEMIC Group announced Tuesday that it will issue a record policyholder dividend this November of $21 million to approximately 18,000 Maine employers.

    Staff October 4, 2017
  • Tony Payne rejoins MEMIC as senior VP

    Staff September 26, 2017

    Workers' compensation specialist The MEMIC Group has appointed Anthony "Tony" Payne to the post of senior vice president, external affairs.

    Staff September 26, 2017
  • Good Food Bus sets new records at 12 Maine bus stops

    Staff September 12, 2017

    The 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.

    Staff September 12, 2017
  • FEMA woes heighten concerns about Kennebec Valley flood zone insurance

    September 12, 2017

    Rising 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, 2017
  • Health insurance questions drive some companies to self-insure

    August 9, 2017

    Some mid-size companies are opting to self-insure their employees rather than contract with a third-party insurance provider.

    August 9, 2017
  • Insurer sues Electricity Maine to avoid potential costs from class-action suit

    July 25, 2017

    An 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

    Staff June 6, 2017

    Cross 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.

    Staff June 6, 2017
  • State picks Anthem to administer insurance plan for state employees

    May 31, 2017

    Anthem 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, 2017
  • Harvard Pilgrim awards five ‘Quality Grants’ in Maine

    May 22, 2017

    Five 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

    Staff May 12, 2017

    The 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.

    Staff May 12, 2017
  • Cross Insurance acquisition expands its Massachusetts footprint

    Staff May 9, 2017

    Cross 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.

    Staff May 9, 2017
  • Poliquin explains vote, but Collins has questions about AHCA bill

    James McCarthy May 5, 2017

    The 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.

    James McCarthy May 5, 2017

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Today's Poll

What's your mode of transportation for Thanksgiving?
Choices
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.