Maine Mutual Group holds annual meeting
PRESQUE ISLE — The annual meeting of Maine Mutual Group was held April 9 at the home office in Presque Isle.
Larry M. Shaw, president and CEO announced, after a vote by policyholders present and by proxy, that the following directors were elected to a new three-year term: Tom E. Gagnon, Donald W. Perkins Jr. and Jon J. Prescott. Michael M. Young, CPA, CFE, senior vice president and chief financial officer, reported the financial results of 2013 to the policyholders present.
Currently serving on the board of directors are: John H. Cashwell III, chairman, Bangor; Michael D. MacPherson, vice chairman, Presque Isle; Samuel W. Collins, Caribou; Harold A. Dakin, Londonderry, N.H.; Tom E. Gagnon, Presque Isle; Maine State Senator Dawn Hill, Esq., Cape Neddick; Jay Y. McCrum, Mars Hill; Donald W. Perkins Jr., Cape Elizabeth; Jon J. Prescott, Houlton; Larry M. Shaw, CPCU, president/CEO, Presque Isle; and Lisa M. Ventriss, South Burlington, Vt.
Maine Mutual Group was founded in Houlton in 1897 and moved its office to Presque Isle in 1904. The company provides home, auto and small commercial insurance to over 110,000 policyholders serviced in partnership with 133 independent agents in the states of Maine, New Hampshire, Vermont, Pennsylvania, and Virginia. In addition to its Presque Isle headquarters, MMG also has regional operations located in Concord, N.H. and Allentown, Pa. There are 168 employees company-wide.
