York Insurance Co. of Maine, which sells more personal lines of insurance than a

Authors

Source

Portland Press Herald

Date

5-17-1994

Pages

1C, 4C

Abstract

York Insurance Co. of Maine, which sells more personal lines of insurance than any other Maine-based company, is expecting sales growth of 10 percent annually now that it has converted from a mutual to a stock company. The 100-year-old company, with 36 employees, has around 55,000 policyholders who pay some $20 million in annual premiums, and is currently preparing to expand beyond the state. A $2 million investment by Firemark Advisors Inc. of Parsippany, N.Y., in 1992 nearly doubled the insurer's working capital, allowing it to go after more business. Details.

Subjects

York Insurance Company

Recommended Citation

"York Insurance Co. of Maine, which sells more personal lines of insurance than a" (1994). Maine News Index – Portland Press Herald. 12847.
https://digitalcommons.portlandlibrary.com/news_pph/12847