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PublishedMarch 27, 2025
Maine approves 9.6% rate reduction for workers’ comp premiums
The news is expected to save businesses money at a time of growing economic uncertainty.
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PublishedFebruary 28, 2025
Maine must prepare for storms and climate change, lawmakers told
A proposal formed in the wake of last winter's back-to-back storms to help communities prepare for bad weather and climate change was presented at a legislative hearing on Thursday.
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PublishedFebruary 23, 2025
While home insurance rates spike elsewhere, Maine leads country in stability
Maine has been the least impacted by climate change-fueled insurance rate increases nationwide, a new report finds.
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PublishedJune 24, 2024
Nonprofit’s $500 grants help cut residents’ home insurance costs after wildfire
Five years after the 2018 Camp Fire killed 85 people and destroyed 90% of the homes here, residents of Paradise, California, face a new struggle: Finding homeowner's insurance.
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PublishedJune 20, 2024
Maine home insurance rates are rising. Blame climate change.
More frequent and intense weather extremes and rising sea levels will drive up Maine home insurance premiums by 19% this year, the second-highest increase in the U.S., a recent report says.
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PublishedJanuary 21, 2024
Gardiner business owners gut-punched by flood insurance revelations
They had no reason to believe their insurance policies wouldn’t cover flood damage. Now they are on the hook for tens of thousands of dollars in repairs.
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PublishedSeptember 5, 2023
Mainers with long-term care insurance facing hefty premium increases
Pending rate requests from various insurance policies for long-term care go as high as 152%.
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PublishedOctober 5, 2022
Ian deals blow to Florida’s teetering insurance sector
Even before last week's hurricane, Florida's home insurance market was dealing with billions of dollars in losses from a string of natural disasters, rampant litigation and increasing fraud.
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PublishedSeptember 25, 2022
Thousands more Mainers now have access to dental care, but can’t find a dentist
Even before more than 200,000 adults became eligible for MaineCare's dental benefits this summer, the state was experiencing a dearth of professionals to provide them.
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PublishedSeptember 9, 2022
Royce Cross stepping down as CEO of Cross Insurance, being succeeded by son
Jonathan Cross is the third generation of the Cross family to lead the 68-year-old, Bangor-based insurance provider.
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