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Category: Insurance and Financial Services

Insurance Committee unanimously approves Vitelli’s bill to curtail predatory student loan practices

Posted: May 15, 2017

AUGUSTA — The Legislature’s Insurance and Financial Affairs Committee voted unanimously on Thursday to recommend the passage of LD 1507, a bill...

Committee OKs bill to ban auto insurers from discriminating against seniors

Posted: February 28, 2017

AUGUSTA —A bill to protect Maine’s seniors from increased car insurance rates based solely on their age, received the unanimous support of the...

Sen. Diamond introduces bill to protect seniors from predatory business practices

Posted: February 17, 2017

AUGUSTA — A bill by Sen. Bill Diamond, D-Windham, would protect Maine’s seniors from being hit with car insurance rate increases based solely on...

Miramant bill would create publicly owned state bank

Posted: February 14, 2017

AUGUSTA — A bill by Sen. Dave Miramant, D-Camden, would create a state bank to conduct the state’s financial business in the best interest of...

Sen. Carson to serve on Insurance and Financial Services Committee

Posted: December 29, 2016

AUGUSTA — Sen. Brownie Carson, D-Harpswell, has been appointed by the Senate President to the Legislature’s Joint Standing Committee on Insurance...

Sen. Bill Diamond submits bill to block discrimination against seniors

Posted: July 21, 2016

  AUGUSTA — In response to efforts by an auto insurance company to increase premiums for Maine seniors based solely on their age, Sen. Bill...

SENATE REPUBLICANS DENY SMALL BIZ PROTECTION

Posted: May 12, 2015

15 Senators change vote and stick with LePage   AUGUSTA -  Fifteen Senate Republicans flipped from their initial support of a bill that...

SENATE OKs INCREASING TRANSPARENCY OF PRESCRIPTION DRUG COSTS

Posted: May 12, 2015

Bill would require insurance carriers to disclose patient out-of-pocket costs AUGUSTA – The Maine Senate gave initial approval for a measure that...

HOSPITALS TO BE HELD ACCOUNTABLE FOR VIOLATING TRANSPARENCY LAW GOAL OF NEW BILL

Posted: April 17, 2015

18 of 34 Maine hospitals in direct violation of 2014 law AUGUSTA -  A measure to penalize hospitals that are not in compliance with transparency...

MEASURE INCREASES TRANSPARENCY OF PRESCRIPTION DRUG COSTS

Posted: March 27, 2015

Bill would require insurance carriers to disclose patient out-of-pocket costs   AUGUSTA – A measure that would allow consumers to review and...