Newsroom
Two Maine Students Awarded MEMIC Harvey Picker Horizon Scholarship
PORTLAND, Maine, June 12, 2013—At its Annual Meeting last Monday, MEMIC awarded $10,000 in scholarships to two Maine students. Austin Bickford of South Thomaston, Maine, and Courtney Castonguay of Brewer, Maine, each received $5,000 for college...
A.M. Best Affirms the Rating of A (Excellent) for MEMIC and MEMIC Indemnity
PORTLAND, ME, April 9, 2013 – The MEMIC Group has announced it has earned affirmation of its A (Excellent) rating from A.M. Best, the insurance industry’s most respected rating organization. Through its annual analysis, A.M. Best j...
MEMIC Announces Promotion of McLain, Payton
PORTLAND, ME, April 1, 2014 – The MEMIC Group has announced the promotions of Troy McLain to Manager of Maine Advocate Operations, and of Jared Payton to National Director of Ancillary Services. McLain began at MEMIC in 1997, serving...
Despite Approved Filing, MEMIC Decides Against Increasing Rates for Policyholders
PORTLAND, Maine, March 14, 2013 – Maine’s leading workers’ compensation insurer announced today that it will not adopt the rate filing recently approved by the Maine Bureau of Insurance which would have raised workers’ compens...
Harmon, Smith Promoted to Assistant Vice President of Claim Operations
PORTLAND, ME, February 13, 2013 – The MEMIC Group has announced the promotions of Matthew Harmon and Daniel Smith to Assistant Vice President of Claim Operations. Harmon has more than 16 years of service at MEMIC, joining the fledgling MEMIC I...
MEMIC Double Digit Growth Continues; Florida Expansion Set for 2013
PORTLAND, Maine, February 5, 2013 – The MEMIC Group, which has now enjoyed double digit growth for the second consecutive year, has announced that it will open its first office in Florida in the second quarter of 2013. MEMIC President and CEO ...
New Law Redefines "Employee" in Maine
PORTLAND, ME, January 2, 2013 – A new Maine law regarding the definition of an employee took effect January 1, 2013. As a result, a new endorsement that was recently approved by the Maine Bureau of Insurance, is now being included with all...
MEMIC Announces Increased Dividend to Policyholders
PORTLAND, Maine, September 26, 2012 – Workers' compensation insurer MEMIC announced that it will send checks in November totaling more than $13 million to policyholders of its Maine-based mutual company. The dividend declared recently by ...
MEMIC Hires for Safety Operations in MA and NH
PORTLAND, ME, September 14, 2012 – The MEMIC Group has announced the hiring of Scott Valorose as a safety management consultant for its loss control operations in Massachusetts and New Hampshire. He will be based out of the company&rs...
Hale elected to NCCI Underwriting Committee
PORTLAND, ME, September 6, 2012 – Donald V. Hale, Jr., senior vice president of underwriting for The MEMIC Group, has been elected a member of the newly formed Underwriting Committee for the National Council on Compensation Insurance, Inc. (NCC...
Media Contact
Lily Hanstein
Senior Vice President,
Strategy & Communications
(207)-791-3949
LHanstein@memic.com