The Lewiston-based provider of insurance under the Affordable Care Act says it had fewer customers than expected last year, contributing to the $58 million loss.
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
Report highlights economic contribution of Maine nonprofits
The roughly 6,500 entities contribute about $11 billion a year and employ 95,000 people, a new report says.
advertisement
Posted inBusiness, Local & State, News
Portland businesses go hot or cold on Super Bowl Sunday night
Old Port bars were bustling with football fans, but most sit-down places simply shut down.
Posted inLocal & State, News, Politics
Protest group accuses Collins of hard-right turn after Trump’s election
But a spokeswoman for Maine’s senior U.S. senator disputes the allegation, saying she makes the best decisions she can ‘regardless of political pressure from either side.’
Posted inLocal & State, News
‘Messy storm’ expected to hit Maine on Tuesday
The National Weather Service forecasts 4-6 inches of snow in the Portland area and up to a foot farther north, followed by sleet, freezing rain and rain.
Posted inBusiness, Food & Dining, Local & State, News
Maine food and beverage sellers win big when Patriots play in the Super Bowl
Supermarkets, pizza delivery joints, alcohol sellers, sports bars and party supply stores all get a piece of the action.
Posted inBusiness, News
Idexx posts double-digit boost in revenue, profits
Shares of the company immediately rose by 6 percent on news of the strong earnings.
Posted inBusiness, Local & State, News
Unum reports record profits in 2016
The Tennessee-based disability insurance provider employs 3,000 workers in Maine.
Posted inBusiness, Local & State, News, Politics
Business leaders fear Trump travel ban will have chilling effect on Maine economy
The message to immigrants and threat of future policy changes will inhibit innovation and keep foreign workers badly needed by businesses from coming to the state, they say.
Posted inBusiness, Local & State, News
Waterfront project worth as much as $30 million hinges on Portland zoning change, official says
‘There likely will not be a project’ if Americold can’t get the height limit raised for its proposed cold-storage warehouse, says the head of the Maine Port Authority.