Supporters of reform say the system is unfair to injured workers, but opponents warn that the proposed changes could drive insurers away.
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
Portland tech firm Tilson to receive up to $100 million investment
The deal would represent one of the largest venture capital investments in a Maine company in recent years.
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Posted inBusiness, Local & State
Taxpayers finding costly surprises in their 2018 returns
Analysts say many payroll departments withheld too little income tax last year, requiring workers to make up the shortfall.
Posted inBusiness, Local & State
SEC accuses Christian concert promoter in Freeport of investment fraud
The Securities and Exchange Commission says Jeffrey Wall of Freeport told investors that their money would fund New England music concerts and festivals but he used some of it to pay off debts.
Posted inBusiness, Lewiston-Auburn, Local & State
Prominent Maine employment attorney Rebecca Webber dies at 60
A resident of Turner, Webber was a skilled litigator who made major contributions to her community and profession.
Posted inBusiness, Local & State
Portland-based ImmuCell completes $9 million public offering
The company, which develops animal health products, said it will use the funds for expansion and possibly to reduce debt.
Posted inBusiness, Local & State
Ira Rosenberg, car dealer who ‘was the brand,’ dies, months after ending 6-decade career
The retired founder of Saco-based Prime Motor Group died in his sleep Thursday, his son said.
Posted inBusiness, Local & State
ImmuCell hopes to raise $9 million by selling more shares
The company said it needs the money to expand production of its flagship product First Defense, for which it has struggled to keep up with customer orders.
Posted inBusiness, Local & State, News
Portland’s hot condo market shows signs of cooling
Values hit record highs in 2018, though some buyers and developers are showing ‘price fatigue.’ But apparently not the buyer of a penthouse under construction with a price of $2.9 million.
Posted inBusiness, Local & State, News
Maine home sales down slightly in February
The statewide median home price increased slightly from a year earlier.