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News MEMIC to Return $21 Million in Dividends Back to the Maine Economy

PORTLAND, ME, October 3, 2017 – Michael Bourque, president and chief executive officer of The MEMIC Group, announced today that the workers’ compensation insurance company will issue a record policyholder dividend this November of $21 mil...

News Maine employers to receive $22 million in MEMIC dividends; the largest dividend in MEMIC’s 25 year history

PORTLAND, ME, October 2, 2018 — More than 17,500 Maine employers will receive a record $22 million in dividends this November from The MEMIC Group, the state’s leading workers’ compensation insurer. The board of directors autho...

News Mutual MEMIC Mails $22 Million to Maine Employers Again

PORTLAND, Maine – The check is in the mail, the MEMIC dividend check that is. Why can MEMIC return $22 million back to 17,000 Maine employers this year? “Here’s a hint,” said Tony Payne, MEMIC’s senior vice president of ...

News MEMIC Announces Early $17 Million Dividend for Maine Policyholders

(Portland, ME) – In recognition of the economic stress being experienced by many of its 18,000 Maine workers’ compensation insurance policyholders, the Board of Directors of MEMIC has authorized the immediate distribution of a $17 million...

News MEMIC Board Declares Record Tying 22 Million Dividend for its Maine Workers Compensation Insurance Policyholders

PORTLAND, Maine – For the sixteenth year in a row, the Board of Directors of The MEMIC Group has declared a dividend for its Maine policyholders. The $22 million dividend represents 14 percent of the premiums paid to the mutual insurance compan...

News Mutual MEMIC Mails $22 Million to Maine Employers

PORTLAND, ME, November 15, 2018 — Why would a company give $22 million dollars back to its customers? As a mutual insurance company, MEMIC is owned and governed by the employers who buy workers’ compensation policies from it. Ma...

News MEMIC Hires Coaker to Help Grow Southeast Book of Business

(Portland, ME) – The MEMIC Group, specialists in workforce safety, has hired John Coaker as Senior Production Underwriter in the Southeast, offering businesses of every size access to MEMIC’s world-class worker health and safety program. ...

Blog Don't Brace Yourself to Prevent Back Injuries

During my tenure as a physical therapist, I would get asked about using back braces or back belts for injury prevention. I would tell my patients there was little to no evidence to support those claims and would discuss other alternatives that were m...

Blog Roof Rules Depend on Slope, Distance, and Frequency

Falls from heights and on the same level when on working surfaces continue to be among the leading causes of serious work-related injuries and deaths. Performing elevated work is no less hazardous when done infrequently and temporarily, such as equip...