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Maine News and Information

2009 SUMMARY OF NEW STATE LAWS – MAINE

(Posted: 7/16/2009)

Maine: Sponsor Drops Support of NAMIC-Opposed Bad Faith Bill, Cites Bureau Bulletin, Industry Testimony

The Committee on Insurance and Financial Services gave bad faith legislation opposed by NAMIC an “ought not to pass” recommendation at the request of the bill’s sponsor who explained his change of heart by citing a bulletin issued by the Maine Bureau of Insurance as well as “very compelling” testimony from the insurance industry. (Posted: 5/12/2009)

Maine: NAMIC Testifies Against Bill That Would Allow Third-party Unfair Claims Suits

NAMIC testified at an April 27 hearing in opposition to trial bar-backed legislation to expand Maine’s unfair claims practices statute to allow for direct actions by insureds and third-party claimants alike and to provide for recovery of punitive damages, attorneys fees and costs. (Posted: 5/5/2009)

NAMIC Opposes ‘Dangerous’ Expansion of Maine Unfair Claims Law ‘in the Strongest Possible Terms’

Legislation before a Maine legislative committee is unnecessary and would lead to higher costs for individuals and businesses, according to NAMIC. (Posted: 4/27/2009)

Maine: Bureau Joins Industry in Opposing Alternative Insured Value Bill

Legislation aimed at allowing insureds to insure residences for a value below actual cash value was opposed by industry representatives and the Bureau of Insurance during a Feb. 9 hearing of the Insurance and Financial Services Committee. (Posted: 2/17/2009)

West Virginia Leads Nation Again in Frequency of Deer-Vehicle Collisions; Michigan, Pennsylvania, Iowa, Arkansas Round Out Top Five

For the second year in a row the vehicles most likely to collide with a deer are in West Virginia. Using its deer claims data from the last half of 2007 and the first half of 2008 and motor vehicle registration counts by state from the Federal Highway Administration, State Farm estimates the chances of a West Virginia vehicle colliding with a deer during the next 12 months at 1 in 45. (Posted: 10/9/2008)

NAMIC Names Maine Senator as Top Federal Lawmaker for 2008

The National Association of Mutual Insurance Companies (NAMIC) today named Sen. Susan M. Collins, R-Maine, as its Federal Legislator of the Year. (Posted: 9/11/2008)

New Study Suggests Putting Off Driver Licensure to Save Lives

Most U.S. states allow driving at age 16, 16-and-a-half, or somewhere in between. A new Insurance Institute for Highway Safety report focuses on the costs in terms of lives of allowing licensure sooner rather than later. (Posted: 9/9/2008)

2008 SUMMARY OF NEW STATE LAWS - MAINE

(Posted: 7/1/2008)

Report: 33 Million Licensed Americans May be Unfit for Roads

Results from the 2008 GMAC Insurance National Drivers Test released May 22 found that 16.4 percent of drivers on the road - roughly 33 million licensed Americans - would not pass a written driver’s test if taken today. (Posted: 5/28/2008)

2008 State-by-state Rankings Released of the Best and Worst Tort Systems in America (3/12/2008)

Maine: Slim Majority Votes to Approve New Superintendent (2/26/2008)

Report: States Better Prepared for Emergencies (2/21/2008)

Report: Most States Earn Average Grades in Highway Safety (2/20/2008)

Maine: Governor Nominates Insurance Superintendent (1/25/2008)

2007 SUMMARY OF NEW STATE LAWS - MAINE (7/16/2007)

Maine: Credit Use Notice Bill Dies Despite Last-ditch Attempt at Session End (6/26/2007)

Plenty of Political Intrigue Brewing in 2007 State Election Races (5/21/2007)

Road Rage Survey Reveals Best, Worst Cities (5/16/2007)

Report: Emerging Risks Impeding Business Development; Leaders Lack Understanding of Real Risks (5/15/2007)

Car Thieves Take the Bait (5/2/2007)

Maine: Bill Restricting Use of Credit Amended to Require Notice (5/1/2007)

Chamber Study Ranks Best, Worst Lawsuit Climates; Delaware Tops List (4/26/2007)

Climate Models Suggest Warming-Induced Wind Shear Changes Could Impact Hurricane Development, Intensity (4/18/2007)

New Report Shows Increased Flood Risk from Global Warming Despite Billions Spent on Flood-Control Projects (4/16/2007)

Private Market is Best Mechanism to Address Coastal Insurance Issues, NAMIC CEO Tells Congress (4/11/2007)

NAMIC: Benjamin Franklin Public Policy Award Recipients Named (4/10/2007)

NAMIC Presents Benjamin Franklin Public Policy Award to Members of the 109th Congress (4/5/2007)

‘Very Active’ Hurricane Season Predicted; Global Warming Effect on Hurricanes Debunked (4/4/2007)

Hurricane Threat Looms for U.S. Energy Production and Gulf Coast in 2007 (3/28/2007)

NAMIC’s World-class Advocacy Program Kicks Off 22nd Year (3/23/2007)

Report: Increased Forecast for 2007 Atlantic Hurricane Season (3/22/2007)

Homeowners Insurance Line Three Times More Volatile Than Private Passenger Auto: Aon Re Study (3/21/2007)

McCarran-Ferguson War Room Advocacy Kit (3/9/2007)

McCarran-Ferguson Opposition, War-room – Subject of CNBC Story (3/7/2007)