insurance

Published
October 5, 2022

Ian deals blow to Florida’s teetering insurance sector

Even before last week's hurricane, Florida's home insurance market was dealing with billions of dollars in losses from a string of natural disasters, rampant litigation and increasing fraud.
Published
September 25, 2022

Thousands more Mainers now have access to dental care, but can’t find a dentist

Even before more than 200,000 adults became eligible for MaineCare's dental benefits this summer, the state was experiencing a dearth of professionals to provide them.
Published
September 9, 2022

Royce Cross stepping down as CEO of Cross Insurance, being succeeded by son

Jonathan Cross is the third generation of the Cross family to lead the 68-year-old, Bangor-based insurance provider.
Published
May 13, 2022

New Yorkers, Floridians pay most – and Mainers least – for auto insurance

The tally, based on Bankrate.com’s annual report, compared what 40-year-old drivers with clean driving records and good credit pay across all 50 U.S. states and Washington D.C.
Published
March 14, 2022

State insurance bureau recovered $1.3 million for Mainers in 2021

The Maine Bureau of Insurance said Monday that it conducted 435 investigations on behalf of insurance customers.
Published
November 30, 2021

Long-term care insurer in Maine seeks triple-digit rate increases

Genworth Life Insurance Co., with which nearly 4,100 Mainers have policies, is seeking premium increases of up to 178 percent on various plans in 2022.
Published
October 1, 2021

The price of living near the shore is already high. Insurance is about to go through the roof.

Plus, like the climate threat, the cost increase for flood insurance will reach far beyond the coast, to inland states where waterways overflow during heavy rains.
Published
September 18, 2020

Unum lays off 30 workers in Portland as part of larger restructuring

The insurer said it is laying off 120 workers across the company's U.S. operations as it adapts to a shifting insurance market.
Published
June 2, 2020

As hurricane season begins, state regulator urges Mainers to buy flood insurance

Maine Insurance Superintendent Eric Cioppa said scientists are predicting an increase in the number and severity of hurricanes and major storms this year.
Published
May 1, 2020

Maine regulator warns that trip insurance often doesn’t cover pandemic cancellations

Travelers should check the fine print on policies, says Maine Insurance Superintendent Eric Cioppa.