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Workers' Comp Investigation Leads to Tax Evasion, Mail Fraud Pleas

PORTLAND, Maine, January 3, 2002 – A Portland man who had claimed a disabling back injury while secretly working as a carpenter pleaded guilty today in U.S. District Court to tax evasion and mail fraud. Royce Gould, 49, of Portland, was a...

Fraud  •  January 03, 2002

Hale Promoted to Vice President, Underwriting

PORTLAND, Maine, July 27, 2001 – Donald V. Hale, Jr. has been appointed Vice President, Underwriting for Maine Employers' Mutual Insurance Company (MEMIC). Hale, who has worked with the company since 1993, will head up the company's underwrit...

Uncategorized  •  July 27, 2001

MEMIC Makes First Horizon Scholarship Awards

PORTLAND, Maine, July 25, 2001 – Maine Employers' Mutual Ins. Co. (MEMIC) has made its first ever awards in its Horizon Scholarship Program by making $2,500 grants to two southern Maine women. Crystal Young of Buxton and Jessica Poitras o...

Corporate  •  July 25, 2001

Rating Bureau Affirms MEMIC as A (Excellent)

PORTLAND, Maine, July 18, 2001 – Maine Employers' Mutual Insurance Company (MEMIC) has once again earned an A (Excellent) rating from the nation's most respected insurance benchmarking organization. The A.M. Best rating affirmed the score...

Financial  •  July 18, 2001

MEMIC Board Approves Distribution of Final Portion of $47M in Capital to Maine Employers

PORTLAND, Maine, June 25, 2001 – Maine Employers' Mutual Insurance Company (MEMIC)announced that its Board of Directors has approved the final distribution of capital to Maine policyholders whose contributions helped start the company in t...

Financial  •  June 25, 2001

MEMIC Earns an 'A' (Excellent) Rating From A.M. Best

PORTLAND, Maine, June 27, 2000 – The nation's top financial company rating service has announced that it has ranked Maine Employers' Mutual Insurance Company (MEMIC) as an 'A' (Excellent) for its financial strength and ongoing performance....

Financial  •  June 27, 2000

MEMIC Announces It Will Pump $16M Back Into Maine's Economy; Right Where It Belongs

PORTLAND, Maine, September 13, 1999 – John Leonard, President and Chief Executive Officer of Maine Employers' Mutual Insurance Company (MEMIC) announced today that the company will deliver checks totaling nearly $16 million to 21,840 emplo...

Financial  •  September 13, 1999

MEMIC Awards Include Citations for Excellence to Maine Employers

PORTLAND, Maine, June 21, 1999 – At its Annual Meeting, Maine Employers' Mutual Insurance Company (MEMIC) made awards to 16 Maine companies for outstanding performance in safety and managing injuries. "These companies are leaders in the s...

Corporate  •  June 21, 1999

MEMIC Offers Winter Safety Advice That's Worth Its Salt

PORTLAND, Maine, January 8, 1999 – As an icy Maine winter held the state firmly in its grip this week, Maine Employers' Mutual Insurance Company (MEMIC) mailed one-pound packets of ice-melting pellets to 2,000 of its policyholders, along w...

Safety  •  January 08, 1999

Leonard Announces Return of $5.1 Million to More Than 32,000 Employers

PORTLAND, Maine, June 15, 1998 – More than 32,000 Maine employers will soon receive their first distribution of the capital each contributed to help fund the start-up of Maine Employers' Mutual Insurance Company (MEMIC) according to John Leonar...

Financial  •  June 15, 1998

Media Contact

Lily Hanstein
Senior Vice President,
Strategy & Communications
(207)-791-3949
LHanstein@memic.com

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