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Insurance

Unum's charitable giving exceeds $3.7M in Maine

STAFF |

Unum and its employees contributed more than $3.7 million last year to nonprofit organizations throughout Maine, part of more than $12.4 million in total charitable support from the company in the...

Leading Maine firms put $200K toward first state startup accelerator

Lori Valigra |

Portland-based MaineHealth and disability insurer Unum US will each provide $100,000 and other support to collaborate with Portland startup accelerator Venture Hall on its inaugural startup...

Community Health Options ends 2016 with a loss

James McCarthy |

Community Health Options, the Lewiston-based nonprofit health insurer created under the Affordable Care Act, ended 2016 with preliminary total net losses of $58.3 million, according to a report...

Unum's on a fast-growth trajectory

Lori Valigra |

Unum US, with the recent acquisition of dental and vision products and plans for additional supplemental insurance, is poised to continue the exponential growth that boosted aggregate sales by more...

Maine Bureau of Insurance recovers close to $1M for consumers

Maine residents made 6,007 calls to the Maine Bureau of Insurance in 2016 and filed 790 complaints related to a wide range of insurance-related issues. Investigations into some of those complaints...

State regulators issue advisory on drone insurance

STAFF |

Maine regulators advised drone operators that in addition to registering their drone with the Federal Aviation Administration, they would be wise to carry insurance even though it's not required.

Clark Insurance now 100% employee owned

Peter Van Allen |

Clark Insurance, which started making the transition to employee ownership in 1992, is now 100% employee owned.

P&C Insurance names Fearon as president

P&C Insurance, formerly Paquin & Carroll Insurance, announced Tuesday that Josh Fearon has been promoted to president, succeeding Roland Eon, who is retiring.

Cioppa elected VP of national insurance commissioners group

STAFF |

Maine's Insurance Superintendent Eric Cioppa has been elected vice president of the National Association of Insurance Commissioners for 2017 after having served as the NAIC's secretary-treasurer...

MEMIC's first and only CEO to step down next year

John T. Leonard, who has led Portland-based MEMIC Group since its founding in 1993, will retire in September 2017, the company said Wednesday.

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