IFAwebnews » GHMSI

D.C. regulators say CareFirst’s reserves not ‘unreasonably large’

Bob Graham — Mon, 01 Nov 2010 19:25:50 +0000

Federal health reform could force CareFirst to dip deeper into its reserves than had been anticipated with Washington, D.C., officials began investigating its surplus two years ago.

D.C. regulators say CareFirst’s reserves not ‘unreasonably large’ via IFAwebnews.

Complaint, error scuttle D.C.’s approval of CareFirst rate increase

Keith L. Martin — Thu, 11 Mar 2010 12:44:28 +0000

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high health insurance premiums, the District of Columbia Department of Insurance, Securities and Banking (DISB) rescinded its approval of a rate increase proposed by CareFirst after discovering a filing error by the regional insurer.

Complaint, error scuttle D.C.’s approval of CareFirst rate increase via IFAwebnews.

MIA: CareFirst reserves not excessive, proposes more regulatory review

Keith L. Martin — Fri, 08 Jan 2010 17:49:34 +0000

In what is likely to be his last act as Maryland’s insurance commissioner, Ralph S. Tyler has ruled that the reserve levels of two CareFirst subsidiaries “are neither unreasonably large nor excessive.”

MIA: CareFirst reserves not excessive, proposes more regulatory review via IFAwebnews.

D.C. regulators delay decision on CareFirst reserves to ‘later date’

Keith L. Martin — Tue, 05 Jan 2010 13:00:05 +0000

The end of 2009 was supposed to bring a final determination by Washington, D.C.’s insurance regulators on whether the reserves of a CareFirst subsidiary were “unreasonably large,” as defined by law. Instead, the review will continue into this year.

D.C. regulators delay decision on CareFirst reserves to ‘later date’ via IFAwebnews.

Revised CareFirst reserve rules under review by Maryland regulators

Keith L. Martin — Mon, 21 Dec 2009 14:17:57 +0000

Prior to leaving office as Maryland’s insurance commissioner, Ralph S. Tyler says his agency will provide state legislators with recommendations on how to better govern the reserve levels of non-profit health insurers.

Revised CareFirst reserve rules under review by Maryland regulators via IFAwebnews.

CareFirst tells Maryland regulators reserve level is ‘healthy’ as is

Keith L. Martin — Thu, 19 Nov 2009 20:39:52 +0000

Much like Goldilocks, when it comes to assessing its hundreds of millions of dollars in reserve funds, regional insurer CareFirst feels it is not too big, nor too small, but just right.

CareFirst tells Maryland regulators reserve level is ‘healthy’ as is via IFAwebnews.

Purcell confirmed as new D.C. insurance commissioner

Keith L. Martin — Mon, 09 Nov 2009 14:00:43 +0000

Gennet Purcell was confirmed as commissioner for the District of Columbia Department of Insurance, Securities and Banking (DISB), following a unanimous vote by the D.C. Council.

Purcell confirmed as new D.C. insurance commissioner via IFAwebnews.

Report deems surplus for CareFirst, subsidiary ‘not excessive’

Keith L. Martin — Thu, 05 Nov 2009 18:27:17 +0000

Health insurer CareFirst and one of its regional subsidiaries do not have excessive surplus and efforts to divide those funds could prove detrimental, according to a new report.

Report deems surplus for CareFirst, subsidiary ‘not excessive’ via IFAwebnews.

MIA to hold hearing on reserves level for CareFirst, subsidiary

Keith L. Martin — Fri, 30 Oct 2009 20:02:13 +0000

The Maryland Insurance Administration will hold a public hearing to discuss the reserve levels of Owings Mills, Md.-based CareFirst and its Group Hospitalization and Medical Service’s subsidiary Nov. 19.

MIA to hold hearing on reserves level for CareFirst, subsidiary via IFAwebnews.

District regulators delay CareFirst reserve decision until end of year

Keith L. Martin — Thu, 24 Sep 2009 16:29:57 +0000

A little less than a week before it was to decide whether the reserves of a CareFirst subsidiary is “unreasonably large,” Washington, D.C., insurance regulators are delaying their final verdict until the end of December.

District regulators delay CareFirst reserve decision until end of year via IFAwebnews.