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1 through 20 of 70 matching documents, best matches first.   Sort by date

Brokers Seek Dismissal of $50 Million Fraud Lawsuit Over Statute of Limitations
Maryland (BestWire, June 25, 2026). The insurer said the scheme resulted in it seeing more than $50 million in losses, the complaint said. CareFirst alleges the Rappaports operated ...
Source: BestWire   Date: September 1, 2026
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CareFirst Accuses Brokerage of Running $50 Million ‘International Fraud Machine'
...First of Maryland Inc. is accusing two insurance broker brothers and a group of co-conspirators of operating an "international insurance-fraud machine" that resulted in more than ...
Source: BestWire   Date: June 25, 2026
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Maryland CareFirst Seeking Midyear Upward Rate Adjustment for Small Group Plans
Maryland Insurance Administration. Roughly 143,549 policyholders would be impacted by the rate change. The request was made to offset increases in base-period claims and higher ...
Source: BestWire   Date: April 10, 2026
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 Special Report: Borrowing from the Federal Home Loan Bank Slows Following 2022 Surge
AM Best views insurers’ access to FHLB as a credit positive.
 Data
Source: Special Reports   Date: December 17, 2024
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 Special Report: FHLB Life/Annuity Members Capitalize on High Rates for Spread Opportunities
L/A borrowings increased 22%, while P/C decreased 21% and health, 15%.
 Data
Source: Special Reports   Date: October 31, 2023
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CareFirst to Reenter Medicaid Market
Medicaid plans in Washington, D.C., and Maryland. The deals are subject to regulatory approvals. The company said in a statement it had reached separate agreements to purchase the ...
Source: BestWire   Date: December 23, 2019
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Maryland Regulator Expands Probe Into Book Payments Involving Baltimore Mayor
...The city's board of ethics is also involved." Imm said the MIA does not have a time line for its investigations and emphasized the MIA "will not be disclosing any information until ...
Source: BestWire   Date: April 8, 2019
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CMS Approves Maryland Request for $462 Million Health Reinsurance Program
News Service, April 16, 2018). With the program, 2019 health insurance rate filings are expected to be reduced by an estimated 30% from what they would have been without the ...
Source: BestWire   Date: August 23, 2018
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Maryland ACA Health Insurers Seek 30% Average Individual Rate Increases for 2019
Maryland Insurance Department. One likely driver of the rate increase requests is the deteriorating health of the pool, Insurance Commissioner Al Redmer Jr. said during a media ...
Source: BestWire   Date: May 8, 2018
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Maryland Governor Signs Bill Seeking ACA Waiver to Create Health Reinsurance Program
Maryland Health Benefit Exchange. The Exchange's board of directors will vote April 16 to apply for an Affordable Care Act Section 1332 state innovation waiver from the federal ...
Source: BestWire   Date: April 16, 2018
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Cyberattack Could Affect 6,800 CareFirst Members, Company Says
Social Security numbers, the statement said. No medical or financial information was compromised, the statement said. Phishing attacks use deceptive emails and websites to gather ...
Source: BestWire   Date: April 3, 2018
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Maryland Bill Would Create Reinsurance Program to Stabilize Individual Health Market
Kaiser supports SB 387 but would like to see some changes. But she said Kaiser supports a state-level reinsurance program and views it as an essential component to recovery and ...
Source: BestWire   Date: February 26, 2018
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Maryland Commissioner Cuts Health Insurers’ Rate Increases in 2018 Individual Market
Insurance Commissioner Al Redmer Jr. said the losses individual market insurers were experiencing in the market, as well as the premium increases that resulted from those losses, ...
Source: BestWire   Date: September 1, 2017
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 Special Report: BCBS Plans Continue to Alter Strategies to Adapt to Marketplace Pressures
As more experience and claims data has been gathered and analyzed by insurers regarding marketplace exchange performance, participating insurers are in a little better position to ...
 Data
Source: Special Reports   Date: October 27, 2016
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CareFirst Proposes 27.8% Higher Individual Average Rate for Maryland HMO
June 16 as the reason CareFirst sought the rate increase. CareFirst, in a statement, said it re-filed proposed premium rates for Affordable Care Act-compliant products for ...
Source: BestWire   Date: August 1, 2016
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Four Insurers File Rate Requests for ACA Exchange Plans in 2017
Two insurers operating on Washington, D.C.'s individual insurance exchange have filed for nearly across-the-board rate increases for 2017, the District of Columbia Department of ...
Source: BestWire   Date: May 16, 2016
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Judge: Antitrust Suit Over BCBS of Michigan Hospital Contracts Can Proceed
Blue Cross Blue Shield of Michigan, in a statement. "We will continue to vigorously defend our ability to negotiate the deepest discounts possible for our members, which is central ...
Source: BestWire   Date: June 9, 2011
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Delaware to Hold Hearings on Proposed Affiliation of Highmark, Delaware Blue Cross Blue Shield
College in Georgetown, Del.; 6:30 p.m. May 17 at the Delaware Department of Insurance in Dover, Del.; and 6 p.m. May 19 at the Carvel State Building in Wilmington, according to the ...
Source: BestWire   Date: April 19, 2011
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D.C. Rescinds 35% Rate Hike for CareFirst BlueCross BlueShield
Group Hospitalization and Medical Services Inc. and realized it didn't meet certain requirements that justified the rate hike, the regulator said. Maryland-based CareFirst Inc. ...
Source: BestWire   Date: March 12, 2010
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Md. Insurance Commissioner: CareFirst Surplus Not Excessive, but Needs Assembly Review
...First of Maryland Inc. and Group Hospitalization and Medical Services Inc., the Maryland Insurance Administration said. Karen Barrow, a spokeswoman for the MIA, said it's important ...
Source: BestWire   Date: January 19, 2010
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