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...

Corporate  •  June 16, 2009

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...

Financial  •  April 13, 2009

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...

Corporate  •  March 06, 2009

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...

Fraud  •  January 22, 2009

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...

Corporate  •  October 16, 2008

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 ...

Financial  •  September 25, 2008

Three Indicted in Workers' Comp Fraud Cases in Cumberland County

PORTLAND, Maine, September 18, 2008—A Cumberland County grand jury handed up indictments last week for three southern Maine men for crimes related to workers’ compensation fraud. Landon Logsdon of Steep Falls, Ken Villella of Biddeford a...

Fraud  •  September 18, 2008

2008 MEMIC Comp Summit Highlights Announced; American Soldier Once Stranded in Somalia Will Keynote

PORTLAND, Maine, August 8, 2008 – The 12th annual MEMIC Comp Summit, scheduled for November 13 and 14, will be headlined by an American soldier whose story became the basis for the movie “Black Hawk Down,” the company announced toda...

Workers' Comp Issues  •  August 08, 2008

MEMIC's Steve Prue Elected to CPCU Society President

PORTLAND, ME, June 26, 2008 – MEMIC is pleased to announce that Steve Prue has been named as President of the Maine Chapter of the Chartered Property Casualty Underwriters (CPCU) Society. Prue was inducted at the Maine Chapter meeting on May 1...

Corporate  •  June 26, 2008

MEMIC Awards $5,000 Scholarship to Deering High School Graduate

PORTLAND, Maine, June 17, 2008 – At its Annual Meeting of Policyholders on Monday, MEMIC awarded a $5,000 scholarship to Rajna Kecojevic from Portland. The MEMIC Horizon Scholarship is made annually to the spouse or child of a worker who has s...

Corporate  •  June 17, 2008

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