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Blue Heron likes what it sees in STARC Systems

mainebiz staff |

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

Safety pays off: MEMIC issuing record $21M dividend to employers


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

Tony Payne rejoins MEMIC as senior VP


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

Good Food Bus sets new records at 12 Maine bus stops


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.

FEMA woes heighten concerns about Kennebec Valley flood zone insurance

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...

Health insurance questions drive some companies to self-insure

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

Insurer sues Electricity Maine to avoid potential costs from class-action suit

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...

Cross Insurance acquires another Mass. insurance agency


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.

State picks Anthem to administer insurance plan for state employees

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...

Harvard Pilgrim awards five ‘Quality Grants’ in Maine

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.