Donald Trump’s political future in jeopardy as Maine drops bombshell ruling

Donald Trump’s political future in jeopardy as Maine drops bombshell ruling

In a sensational and unprecedented decision, Maine Secretary of State Shenna Bellows declared former President Donald Trump ineligible to appear on the state’s 2024 Republican primary ballot. Bellows, a Democrat, issued her verdict following three challenges brought by Maine voters, including three politicians, against Trump’s nomination petition. 14th Amendment Controversy The basis of Bellows’ ruling […]

US East Coast engulfed by severe storm: Over 300,000 without power in devastating weather event

US East Coast engulfed by severe storm: Over 300,000 without power in devastating weather event

A massive storm system, which initially struck South Carolina with record-breaking flooding, has now escalated to a full-blown crisis on the East Coast. More than 300,000 customers in Connecticut, New York, New Jersey, Massachusetts, and Maine are facing power outages as the storm continues its destructive path northward. Widespread Disruption and Danger Residents along the […]

AccuRisk acquires managing general underwriter Matrix Group Benefits

AccuRisk acquires managing general underwriter Matrix Group Benefits

AccuRisk has acquired Matrix Group Benefits, a managing general underwriter (MGU) based in Portland, Maine for an undisclosed price. Established in 2001, Matrix Group Benefits is engaged in managing the risks related to partially self-funded benefit plans and medical stop-loss coverage. The MGU’s team of 12 will be added into the staff of AccuRisk Solutions […]

Thoma Bravo-backed Majesco acquires insurtech company ClaimVantage

Thoma Bravo-backed Majesco acquires insurtech company ClaimVantage

Majesco, a provider of cloud insurance platform software, has acquired insurtech company ClaimVantage, for an undisclosed price. Based in Portland, Maine, ClaimVantage offers enterprise claims software and also absence and accommodation management for the life and annuities (L&A) market segment. The acquisition of ClaimVantage follows the closing of the $729 million acquisition of Majesco by […]