Maryland
U.S. prosecutions of health care fraud trending upward
Federal prosecutors, armed with two new health care fraud teams since February, may log an 85% increase in the number of health care fraud prosecutions this year, compared to last year, a new study says.
COBRA subsidy’s end will add millions to rolls of uninsured
A federal program allowing people who lose their jobs to keep the employer-provided insurance expired Aug. 31 after three extensions, leaving millions of beneficiaries and their dependents uninsured.
Hurricane Irene’s fury ‘somewhat limited’ for insurers, reinsurers
A key ratings service expects a “somewhat limited impact” from Hurricane Irene for U.S. property-casualty insurers and global reinsurers.
Beth Sammis, the acting Maryland insurance commissioner for nearly 18 months, ending in June, has taken a job at CareFirst BlueCross BlueShield, one of the health insurance companies she regulated.
Hurricane Irene wrath is rising insurance losses; this year tops 2010
Hurricane Irene’s weekend march up the Atlantic Coast caused at least 20 deaths, left millions without power and left a path of destruction from Florida to Maine.
Hurricane Irene: Private-sector insurance sound; state-run doomed
Private-sector insurers have more than enough financial resources to cover any damage caused by Hurricane Irene, although state-run property insurers may not be so lucky, an insurance association says.
The Maryland Insurance Administration (MIA) announced changes to the state’s health insurance rate review process after a study advised it needed more transparency and better access for consumers.
Consumer-directed health plans increase in number, decrease savings
The number of consumer driven health plans (CDHPs) continues to grow, leading to a decline in the percentage of savings from these plans, a new study says.
Insurance agents could feel East Coast earthquake’s shock waves
Ryan Erdman, an insurance agent at TAMRAC Insurance Group in Hunt Valley, Md., has never sold coverage for an earthquake – yet.
Applications filed for individually underwritten life insurance increased 2.1% in July, an “unprecedented” increase for the month, according to the MIB Life Index.

Lautenberg, Rubio want to cap TRICARE fees for military retirees
Health care cost at all-time high, despite lower rate of increase
Most insurance agencies seeing better results than last year

Life insurers sell shares in British tech firm to Pa. company
FINRA estimate for IA SROs excludes monetary, administrative details
Most insurance agencies seeing better results than last year

Pa. broker adds $181,000 commission to $2.1M false insurance invoice
A.M. Best rates Pa.-based insurer’s outlook ‘negative’
With five-year plan stuck, House passes new short-term NFIP extension


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