Maine Mutual Group holds annual meeting, elects directors

    PRESQUE ISLE – The annual meeting of Maine Mutual Group was held April 9 at the company’s home office in Presque Isle.
    Roger J. Roy, executive vice president and chief operating officer, reported the financial results of 2007 to the policyholders present.  Larry M. Shaw, president and chief executive officer, 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.
    Currently serving on the board of directors are: Tom E. Gagnon, chairman, Presque Isle; John H. Cashwell III, vice chairman, Bangor; Larry M. Shaw, CPCU, president and CEO, Presque Isle; Samuel W. Collins, Caribou; Harold A. Dakin, Londonderry, N.H.; Rep. Dawn Hill, Esq., Cape Neddick; Michael D. MacPherson, Presque Isle; Jay Y. McCrum, Mars Hill; Donald W. Perkins Jr., Westbrook; Jon J. Prescott, Island Falls; and Lisa M. Ventriss, South Burlington, Vt. George Ellis of Scarborough serves as an honorary director.
    Maine Mutual Group is the mutual holding company for MMG Insurance Co., a property and casualty insurer founded in 1897. MMG is represented by 131 independent agencies, located in 310 offices, in the states of Maine, New Hampshire, Vermont and most recently, Pennsylvania. The company currently writes $110,347,607 in premium and employs 146 people. The main office is located at 44 Maysville St. in Presque Isle and a branch office is located in Concord, N.H. Maine Mutual Group is an A.M. Best “A-” (Excellent) rated company.