insurance
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PublishedApril 26, 2019
Cross Insurance acquires Connecticut insurance agency
The Bangor-based company said it has purchased family-owned DiMatteo Insurance for an undisclosed sum.
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PublishedFebruary 8, 2019
Probes by Maine Bureau of Insurance recovered $1.6 million from companies in 2018
The bureau investigated over 650 cases of improper billing and other bad practices.
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PublishedJanuary 22, 2019
Ruling in federal court loosens Maine rules for insurance adjusters for hire
The contractors who help negotiate insurance claims can now solicit clients after a loss but still can't offer a contract for at least 36 hours.
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PublishedOctober 26, 2018
MEMIC’s Leonard honored by Chamber
The former head of the workers comp company received the Cianchette Business Hall of Fame Award for his leadrship and contributions.
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PublishedOctober 2, 2018
Maine employers to get record dividends from workers’ comp insurer MEMIC
The Portland-based workers' compensation insurer said Maine employers will receive a total of $22 million in November.
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PublishedSeptember 7, 2018
Modest premium increases expected in 2019 as ‘Obamacare’ stabilizes
For next year, premiums in the health insurance marketplaces are expected either to drop or increase by less than 10 percent in 41 states with about 9 million customers.
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PublishedJuly 17, 2018
Portland disability-services company acquired by Massachusetts benefits group
PDA, which provides specialty claims management services and reports revenues of about $15 million, will continue to operate from its Maine location.
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PublishedJune 14, 2018
Startup launches insurance for Uber, Lyft passengers
Startup Sure Inc. partners with underwriter Chubb to launch a new service called RideSafe.
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PublishedApril 12, 2018
Unum investing $42 million to upgrade Portland campus
The company is creating a more flexible work environment and freeing up space to lease to other businesses.
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PublishedFebruary 20, 2018
Workers’ comp losses expected to decline 12% in Maine
The decrease could save businesses up to $27 million on insurance premiums.