‘We’ve received complaints from consumers who purchased plans they thought provided comprehensive coverage, but that actually have very limited benefits,’ says Insurance Superintendent Eric Cioppa.
J. Craig Anderson
J. Craig Anderson is a seasoned business reporter who covers a wide range of topics including banking, finance, real estate, technology and entrepreneurism. Originally from Arizona, Craig graduated Summa Cum Laude from the University of Arizona journalism school and has gone on to report for a variety of business and consumer publications such as the Business Journal of Phoenix, the Las Vegas Sun and the Arizona Republic. His work has earned him national recognition including Sigma Delta Chi and APA Journalism awards. Craig also served in the Army for four years, working as an intelligence analyst and Arabic linguist for the National Security Agency in Maryland. He currently lives in Freeport.
Posted inBusiness, Maine
New unemployment claims follow seasonal decline in Maine
Last week’s decrease in initial jobless claims fits a typical late-winter trend in which hiring in the state starts to increase.
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Posted inBusiness, Maine
Portland’s Wex reports virus-related financial woes in 2020
Wex, one of Maine’s largest tech firms, reported a drop in revenue and profits for the year, which it attributed largely to the coronavirus pandemic.
Posted inBusiness, Maine
ImmuCell reports 2020 sales boost, new product update
The Portland-based animal health company reported a 12% increase in sales and progress on its efforts to earn regulatory approval for a new product called Re-Tain.
Posted inBusiness, Maine
More than 7,600 Maine employers approved for new pandemic aid
About $553 million in forgivable loans has been approved for Maine businesses under the Paycheck Protection Program’s current phase.
Posted inBusiness, Maine
State regulator launches probe into future of Maine’s electric grid
The investigation comes after controversy over Central Maine Power’s estimated costs for connecting solar energy farms to the grid.
Posted inBusiness, Maine
MaineHealth receives $12.8 million grant for rural health care research
It will use the funds, from the National Institutes of Health, to study ways to reduce the disparity in health care quality between urban and rural areas of the state.
Posted inBusiness, Maine
New jobless claims continue to decline in Maine
About 2,700 Mainers filed or reopened a claim for state benefits in the second week of February, down from 2,800 a week earlier.
Posted inBusiness, Maine
FocusMaine to expand statewide internship program under new name
The program, renamed Maine Career Compass, has served more than 2,000 students and over 80 employers across the state since it was launched in 2017.
Posted inBusiness, Maine
Maine jobless claims dip slightly but remain high
The state received about 2,700 new or reopened claims for unemployment benefits last week, down slightly from 2,800 the week before.