Newsroom
MEMIC Announces $10M Dividend to Policyholders
PORTLAND, ME, September 22, 2009 – Maine-based workers’ compensation insurer MEMIC has announced that it will pay a dividend totaling $10 million to about 20,000 Maine employers this November. The company’s Board of Directors vote...
MEMIC Hosts National Conference; Attendees to Contribute an Estimated $1M to Local Economy
PORTLAND, ME, July 28, 2009 – In early August, about 500 guests will come to Maine to attend the annual conference of the American Association of State Compensation Insurance Funds (AASCIF). It may not be a household name, but it will contribut...
MEMIC Appoints McGarvey as CFO, Senior VP for Finance
PORTLAND, ME, July 1, 2009 – The MEMIC group has announced the appointment of Daniel J. McGarvey, a 17-year veteran of the insurance industry, as the group’s Chief Financial Officer and Senior Vice President for Finance. McGarvey replac...
MEMIC Awards Scholarship to Messalonskee High Graduate
PORTLAND, Maine, June 17, 2009 – At its Annual Meeting of Policyholders on in June, MEMIC awarded a $5,000 scholarship to Adam Clement of Rome, Maine. The MEMIC Harvey Picker Horizon Scholarship, awarded annually to the spouse or child of a wo...
Comp Stars: MEMIC Recognizes Employers for Workers' Comp Program
PORTLAND, Maine, June 16, 2009—At the company's Annual Meeting last week, workers’ compensation insurer MEMIC recognized 11 of its more than 20,000 policyholders for outstanding performance in their workers' compensation programs. At the...
MEMIC Indemnity Company Earns Upgrade To "A" (Excellent) From A.M. Best
PORTLAND, ME, April 13, 2009 – MEMIC has announced that subsidiary MEMIC Indemnity Company has earned an upgrade in its financial strength rating from A- to A from respected insurance industry reviewer A.M. Best. According to Best, the compan...
A College Scholarship Fund for Families of Injured Workers
PORTLAND, ME, March 6, 2009—MEMIC is once again accepting applications for its annual Harvey Picker Horizon Scholarship Program. This program offers a scholarship of up to $5,000 to a deserving student or students whose parent or spouse was se...
Check Scam Attempts to Use Fraudulent MEMIC Checks
PORTLAND, ME, January 22, 2009—Fraudulent checks bearing a MEMIC logo and name have apparently been mailed by scammers who are attempting to lure unsuspecting victims to further their fraud by cashing or depositing these checks. This is an atte...
MEMIC Named a Best Place to Work in Maine for Third Straight Year
PORTLAND, ME, October 16, 2008—MEMIC was named a Best Place to Work in Maine for the third consecutive year in a competition sponsored by SHRM Maine State Council. At its 2008 awards ceremony at the Augusta Civic Center, MEMIC finished third a...
MEMIC Announces $15 Million Dividend to 20,000 Maine Policyholders
PORTLAND, Maine, September 25, 2008 – The MEMIC Board of Directors voted this morning to issue a dividend totaling $15 million to policyholders of its Maine-based mutual company. “This is a difficult time for many employers,” said ...
Media Contact
Lily Hanstein
Senior Vice President,
Strategy & Communications
(207)-791-3949
LHanstein@memic.com