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Allen Insurance and Financial Welcomes Theresa A. Kavanagh

Theresa A. Kavanagh of Owls Head has joined Allen Insurance and Financial as a group benefits associate.
Theresa A. Kavanagh
Based in the company’s Chestnut Street office in Camden, Kavanagh will be working with Allen’s group benefit specialists to serve clients all over Maine.

A native of Vermilion, Ohio, Kavanagh is a graduate of Denison University, where she received a bachelor’s degree in mathematics. After college, she sailed along the eastern seaboard and in Europe and the Caribbean. She settled in the Midcoast nine years ago; she was previously administration director at VillageSoup.

Outside of work, Kavanagh splits her time between gardening and working with her husband John to convert the former City of Portland fireboat to a live-aboard cruiser.

“I am thrilled to join Allen Insurance and Financial and become part of a team of professional and well-respected community members,” she said.

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L.S. Robinson of Southwest Harbor joins Allen Insurance and Financial

L.S. Robinson, the seven-person insurance agency in Southwest Harbor is now part of Allen Insurance and Financial.
The purchase was finalized Nov. 18. Terms were not disclosed. L.S. Robinson will continue to operate under that name. All L. S. Robinson employees are being retained.
The deal brings together two companies each with a long history of serving the insurance needs of Maine people.
Founded in Camden in 1866, Allen Insurance and Financial is an employee-owned company with offices in Camden, Rockland and Saco. L. S. Robinson was founded in 1932 by Lawrence Robinson, a well-known Mt. Desert Island businessman who saw the need to provide his community with insurance services.
“Allen Insurance and Financial is a great fit for us,” said Bruce Bicknell, president of L.S. Robinson. “We will be able to provide a wider and more complete array of services for our clients while maintaining our focus on the unique needs of each client.

Back row, from left, Sara Montgomery, senior vice president, Allen Insurance and Financial; Mike Dufour, vice president, Allen Insurance and Financial and Ken Salvatore, principal, L.S. Robinson, Co. Front row, from left, Bruce Bicknell, president, L.S. <a title='satellite maps' href='http://www.mapmetas.com' style='text-decoration:none;' >satellite maps</a> . Robinson Co.; Gilbert Fifield, president, Allen Insurance and Financial and Brad Bicknell, principal, L.S. Robinson Co.

Back row, from left, Sara Montgomery, senior vice president, Allen Insurance and Financial; Mike Dufour, vice president, Allen Insurance and Financial and Ken Salvatore, principal, L.S. Robinson, Co. Front row, from left, Bruce Bicknell, president, L.S. satellite maps . Robinson Co.; Gilbert Fifield, president, Allen Insurance and Financial and Brad Bicknell, principal, L.S. Robinson Co.

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Sherree Craig Recognized by International Society of Certified Employee Benefit Specialists

Sherree L. Craig, CEBSSherree L. Craig, CEBS

Sherree L. Craig, CEBS, Insured Benefits Manager at Allen Insurance and Financial, has been awarded Fellowship standing in the International Society of Certified Employee Benefit Specialists for a two-year period.

Craig earned this distinction by successfully completing a national employee benefits continuing education exam developed by the Wharton School of the University of Pennsylvania.

The International Society of Certified Employee Benefit Specialists is an educational association dedicated to serving the professional development needs of those holding the Certified Employee Benefit Specialist designation. Craig earned her CEBS designation in 2004.

Craig is also a board member of the Maine Association of Health Underwriters and Rockland Rotary. Call Sherree at 230-5840.

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Weekly Market Commentary, Oct. 26, 2010

Equity markets posted modest gains last week, as the pace of earnings reports kicked into high gear.

With increased volatility and counterintuitive moves in stocks that reported strong earnings, it looks to us like some hedge funds are bidding up prices and then flushing their shares in an effort to make money, as opposed to expressing real concerns about future earnings.  Read more now.

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