Regional news: 
Maryland
Insurer fined for charging unapproved rates on students’ policies
An Indiana-based insurer agreed to pay the $100,000 fine for charging unapproved rates to thousands of medical insurance policies for college students in Washington State.
The number of certified financial planners in the world could double in the next five years, according to the board chairman-elect of the Financial Planning Standards Board.
Liberty Life renamed Athene Annuity & Life Assurance
Liberty Life Insurance Co., which has a significant presence in Wilmington, Del., changed its name to Athene Annuity & Life Assurance Co., effective Feb. 1.
Bravo Health’s sale to Cigna gets Maryland regulator’s approval
The Maryland Insurance Administration has approved the Cigna‘s acquisition of Bravo Health, a Baltimore, Md.-based operator of Medicare Advantage plans.
Brief: If individual mandate is illegal, health reform law must die
A Washington, D.C.-based advocacy organization says that the federal health reform should be declared unconstitutional because it is cannot function without the individual mandate, which the group also argues is unconstitutional.
Life insurance activity showed ‘marked resilience’ in 2011
The life insurance application activity for last year finished slightly above the 2010 level, spurred in part by 5.8% year-over-year growth in December.
Maryland Career Notes: Holthaus chairs Balto. Life, other promotions
Gerard E. Holthaus was elected board chairman for Baltimore Life, based in Owings Mills, Md. He has been a member of Baltimore Life’s board of directors since 1998.
Walgreen, Par sued for alleged RICO violations, drug overcharges
A health and pension fund sued Walgreen Co. and Par Pharmaceutical Co. for allegedly overcharging for generic prescriptions, which in turn allegedly cost third-party payers two to four times more for the medications.
A report expected from the Federal Insurance Office later this month, addressing how to modernize and improve insurance regulation, could significantly affect the insurance industry, according to an industry regulatory expert.
N.Y. gets 8 health insurers to more promptly update online directories
Eight health insurance companies agreed to improve the accuracy of the provider directories they post on their websites, according to deals struck with New York’s attorney general.
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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