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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.
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PublishedFebruary 9, 2018
Mainers pay among the lowest rates in the nation for home, auto insurance
The Maine Bureau of Insurance attributes low rates to a competitive market.
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PublishedNovember 1, 2017
Maine officials weigh whether to seek disaster declaration in storm’s wake
The state has begun assessing damage to government-owned property that could qualify for federal aid, but has not yet started to tally private losses from the storm.
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PublishedAugust 8, 2017
Workers’ comp insurer to put up $1.5 million for endowed chair at USM
The donation will help fund the MEMIC John T. Leonard Endowed Chair in Risk Management and Insurance.
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PublishedMay 30, 2017
Maine chooses Anthem to administer health insurance plan for state employees, dependents
Anthem beat current administrator Aetna and Harvard Pilgrim for the $5.5 million annual contract that has an initial three-year term.
Insurance
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