Two of Maine’s three Affordable Care Act marketplace insurance providers will lower their average rates for individual plans, while the other will increase its average rates by less than 1 percent.
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, Local & State
Maine credit union for food producers receives federal charter
Unity-based Maine Harvest Federal Credit Union will offer business loans to small farms, farmers and other food producers.
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Posted inBusiness, Local & State
CMP drops dispute with Portland over streetlights that don’t work
The utility tells state regulators that it will work with the city to repair inoperable streetlights but wants them to revisit the issue of responsibility for future repairs.
Posted inBusiness
Maine home sales flat, prices up slightly in July
The median sale price of existing single-family homes in Maine increased by about 2 percent compared with a year earlier.
Posted inBusiness
Silicon Valley tech firm opens office in Portland
Guideline, which automates 401(k) employee benefits plans for small businesses, already has hired more than 30 people in Maine and is planning to hire 50 more.
Posted inBusiness
MaineHealth, Anthem team up for joint insurance venture
The two organizations are collaborating on AMH Health, which will offer Medicare Advantage health insurance plans.
Posted inBusiness
Maine’s preliminary unemployment rate for July hits record low
If the seasonally adjusted rate of 3 percent holds up when the Department of Labor revises its numbers in April, it would be the lowest in state history.
Posted inBusiness
Wex makes Fortune’s list of fastest-growing public companies
The Portland-based payment-processing technology firm ranked No. 72 on the top 100 list.
Posted inBusiness
Harvard Pilgrim plans to merge with Tufts Health Plan
The combined health insurance provider would serve nearly 2.4 million members in New England.
Posted inBusiness, Local & State
L.L. Bean heir and wife donate $1 million to Mercy Hospital
Leon L. Bean’s grandson James Gorman and his wife, Maureen Gorman, contributed to the Portland hospital’s $20 million relocation campaign.