Rep. Henry Beck responds to an effort by Progressive Corp. to seek state approval for rate increases based on advanced age.
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, News
Auto insurer asks to raise rates of Maine seniors based solely on age
Progressive’s proposal for older Mainers may be unprecedented nationally and conflicts with the safety record of elderly drivers.
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Posted inBusiness, Local & State, News
Widening of Maine Turnpike won’t require borrowing, toll increases
Record traffic and revenue have put the Maine Turnpike Authority in a position to withstand the cost of upcoming projects.
Posted inBusiness
Crushing it: Clynk redemption service expands to New York, doubles its business
The South Portland-based company is opening 51 drop-off centers in upstate New York.
Posted inBusiness, Local & State
Britain’s EU exit to shake up Maine’s imports, exports, tourism
Some see a short-term boost, but acknowledge that economic uncertainty cannot be good for any business.
Posted inBusiness, News
Maine existing-home sales jump 25 percent from a year ago
High demand and low interest rates fuel the May surge and the 2.8 percent rise in the median price.
Posted inBusiness, Local & State, News
Islesboro voters OK move toward becoming Maine’s first ‘gigabit island’
Islanders approve a $3.8 million bond package to build ultra-fast fiber-optic internet service for homes and businesses.
Posted inLocal & State, News
Second Zumwalt-class stealth destroyer christened at Bath Iron Works
The future USS Michael Monsoor is named after a Navy SEAL who was killed saving the lives of others in Iraq.
Posted inBusiness, Local & State, News
Unum in talks to outsource tech jobs, reportedly including hundreds in Portland
The company with 3,000 workers in Maine confirms it is talking with ‘partners,’ but won’t address an employee’s claim that it could layoff more than 200 workers in Portland this summer.
Posted inBusiness, Local & State, News
Shared ownership program for private jets offers a slice of luxury
QJet Shares, a new subsidiary of MAC Air Group in Portland, will sell each jet to as many as six shared owners.