Maine insurance laws
Insurance regulations, rate filing requirements, department info, and recent bulletins for Maine. Updated Mar 31, 2026.
Department of Insurance
Maine operates under a prior approval rate filing system, overseen by the Superintendent of Insurance. The Bureau regulates all insurance lines and is part of the Department of Professional and Financial Regulation. Maine is known for having some of the lowest auto insurance premiums in the nation and has a competitive workers' compensation market with MEMIC as the state-designated insurer of last resort.
Auto Insurance
Notable Laws
- Me. Rev. Stat. tit. 24-A § 2902 - Requires UM/UIM coverage matching liability limits unless rejected in writing
- Me. Rev. Stat. tit. 29-A § 1605-A - Mandates $2,000 minimum medical payments coverage
- Me. Rev. Stat. tit. 24-A § 2908 - 10-day notice required for cancellation (except nonpayment)
- Me. Rev. Stat. tit. 29-A § 1603 - License suspension for operating without insurance
- Me. Rev. Stat. tit. 24-A § 7303 - Financial responsibility requirements for transportation network companies
Homeowners Insurance
Notable Laws
- Me. Rev. Stat. tit. 24-A § 3007 - 45-day notice for nonrenewal; 10-day notice for cancellation
- Me. Rev. Stat. tit. 24-A § 2169-B - Credit scoring permitted for underwriting and rating
- Me. Rev. Stat. tit. 24-A § 3049 - Notice of cancellation requirements for property insurance
- Bulletin 483 (2025) - Use of aerial imagery by homeowners insurers guidance
- Bulletin 489 (2025) - Termination of agency relationships and cancellation control acts
Recent Bulletins
Network Adequacy Guidance for Plan Year 2027
Provides network adequacy standards and guidance for health insurance plans offered in Maine for plan year 2027, ensuring adequate access to providers.
View bulletinCompliance with Excluded Driver Law for Personal Automobile Insurance
Clarifies insurer obligations regarding excluded drivers in personal automobile insurance policies, including disclosure requirements and prohibited practices.
View bulletinLegislative Changes Affecting Insurance in Maine
Comprehensive summary of insurance-related legislation enacted by the 132nd Legislature covering health, property/casualty, and general insurance matters effective September 24, 2025.
View bulletinUniform Deadlines for Rate, Form, and QHP Filings for Non-Grandfathered Individual and Small Group Health Plans with Effective Dates of Coverage During 2026
Establishes June 15, 2025 filing deadline for rate and form filings for individual and small group health plans effective in 2026.
View bulletinUse of Aerial Imagery by Homeowners Insurers
Provides guidance on insurers' use of aerial imagery for underwriting and rating, including best practices to ensure fair treatment of policyholders and use of current imagery.
View bulletinRecent Law Changes
An Act to Amend the Laws Governing Insurance Coverage of Preventive and Primary Health Services
Requires health insurance carriers to provide parity in cost-sharing for primary care and behavioral health office visits, eliminating or reducing copayments for preventive and primary care services.
Health insurers must eliminate or reduce cost-sharing for primary and behavioral health visits, increasing access to preventive care for all Maine residents.
Effective: 2026-01-01
An Act to Strengthen the Requirements for Medical Payments Coverage
Prohibits casualty insurers from issuing medical payments coverage payments directly to providers and clarifies assignment of benefits rules.
Patients have direct control over medical payment benefits, requiring insurers to pay insured parties rather than providers directly.
Effective: 2025-09-24
An Act to Ensure Choices in Health Insurance Markets by Modifying the Provisions of Law Governing Pooled Market and Clear Choice Design
Eliminates requirement for carriers to offer standardized clear choice design plans, providing more flexibility in plan offerings while maintaining consumer protections.
Health insurers have greater flexibility in plan design while consumers retain access to comprehensive coverage options in the marketplace.
Effective: 2025-09-24
An Act to Give Employers Leverage when Negotiating Audit Rights with Third-Party Administrators
Codified in Me. Rev. Stat. tit. 24-A §§ 1914 and 1418-A, this law requires third-party administrators to provide audit rights to plan sponsors and disclose claims data within 30 business days.
Employers gain stronger audit rights and data access from TPAs, increasing transparency in health plan administration.
Effective: 2025-07-01
An Act to Repeal the Provisions of Law Requiring Motor Vehicle Liability Insurance Policies to Cover the Cost of Towing and Storing Certain Vehicles
Proposed repeal of requirement for auto insurance policies to cover up to $500 per accident for towing and storage of vehicles involved in accidents.
If enacted, would reduce mandatory auto insurance coverage requirements and potentially lower premiums by eliminating towing/storage coverage mandate.
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Health, life, workers comp, commercial lines, compliance penalties, rate filing requirements, and real-time DOI monitoring for all 51 jurisdictions.
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