The South Portland company reported higher revenue, lower net income in the second quarter.
J. Craig Anderson
J. Craig Anderson is a seasoned business reporter who covers a wide range of topics including banking, finance, real estate, technology and entrepreneurism. Originally from Arizona, Craig graduated Summa Cum Laude from the University of Arizona journalism school and has gone on to report for a variety of business and consumer publications such as the Business Journal of Phoenix, the Las Vegas Sun and the Arizona Republic. His work has earned him national recognition including Sigma Delta Chi and APA Journalism awards. Craig also served in the Army for four years, working as an intelligence analyst and Arabic linguist for the National Security Agency in Maryland. He currently lives in Freeport.
Posted inBusiness, Local & State, News
Redzone Wireless offers deal to boost Maine rural broadband services
The Camden-based company vows to fast-track services in smaller communities in exchange for a five-year service commitment.
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Posted inBusiness, Local & State, News
Susan Collins wants Progressive to justify bid to raise Maine seniors’ auto insurance rates
The company has remained silent on its reasons for asking state regulators to allow age-based rate increases.
Posted inBusiness, Local & State, News
Portland asks residents, businesses to rate their internet provider
The online survey is the next step in the city’s effort to build an affordable municipal broadband network.
Posted inBusiness, Local & State, News
Maine home sales, median price up again in June
Sales of existing single-family homes were up nearly 10 percent, and the median price rose by 5.5 percent.
Posted inBusiness, Local & State, News
Duffy’s purchases Old Orchard Beach properties for $1.7 million
Prior to the sale, the restaurant had been leasing its space at 168 Saco Ave.
Posted inBusiness, Local & State, News
Maine legislator submits bill to ban auto insurance hikes based solely on getting older
In Progressive’s hypothetical example, a 64-year-old person could be charged 6 percent more for having another birthday.
Posted inBusiness
With its bankruptcy concluded, Verso stock begins trading again
The papermaker, which employs 560 in Jay, was relisted Monday and saw mild trading Tuesday on the New York Stock Exchange.
Posted inBusiness, Local & State, News, Politics
Legislator aims to block attempt to raise car insurance rates for older drivers in Maine
Rep. Henry Beck responds to an effort by Progressive Corp. to seek state approval for rate increases based on advanced age.
Posted inBusiness, Local & State, News
Auto insurer asks to raise rates of Maine seniors based solely on age
Progressive’s proposal for older Mainers may be unprecedented nationally and conflicts with the safety record of elderly drivers.