Reacting to a consumer complaint about unusually high health insurance premiums, the District of Columbia Department of Insurance, Securities and Banking (DISB) rescinded its approval of a rate increase proposed by CareFirst after discovering a filing error by the regional insurer.

Just a little over a week after it suspended a prescription benefit provider for 21 states, the U.S. Centers for Medicare & Medicaid Services has terminated the company’s contract, effective immediately.

The 2010 Maryland State EXPO has been scheduled for May 19-20 at the Turf Valley Resort in Ellicott City, Md.

The merger of Group Benefit Services with Client First Brokerage Services late last year has spawned an expansion of education programs originally offered by Client First.

Top executives from several regional health insurance and provider firms will participate in a “CEO Panel Discussion on Market Reform” on March 24 in Columbia, Md.

The executive director of the Maryland Automobile Insurance Fund said there is “a misunderstanding” among the sponsors of a state Senate bill that would restrict the use of funds by the state’s auto insurer of last resort.

A former billing and enrollment technician with Owings Mills, Md.-based CareFirst was sentenced to two years in prison for her role in an embezzling scheme against the insurer.

The Greater Washington Foundation of Insurance and Financial Advisors (GWFIFA) is holding its first annual Legacy Award Luncheon March 18 at Congressional Country Club in Bethesda, Md. The awards were formerly known as the Wilner and Meyers/Brandrup Awards.

When it comes to evaluating the value of the People’s Insurance Counsel, Howard County Delegate Warren Miller feels less is more.

Erie Indemnity Co., parent company of Erie Insurance, reported fourth quarter earnings of $24.9 million, marking a turnaround from its report of $6.3 million in losses for the same quarter in 2008.