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Maryland Insurance Commissioner

BUSINESS
December 16, 1997
Maryland Insurance Commissioner Steven B. Larsen yesterday ordered the Doctors' Co., a California-based malpractice insurer, to offer renewals to all Maryland doctors currently covered by financially troubled P.I.E. Mutual Insurance Co.Ohio regulators moved into P.I.E.'s offices in Cleveland yesterday, changed the office locks, began an inventory of office equipment and changed computer codes to secure the system pending an audit of the company's books. On Saturday, P.I.E.'s board fired the company's top three executives.
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NEWS
By Stephanie Tracy and Stephanie Tracy,SUN STAFF | November 20, 2003
Free workshops will be offered Monday and Tuesday to improve Maryland insurance agents' knowledge of flood insurance policies and the National Flood Insurance Program. The workshops will cover topics including rules and regulations for flood insurance, how to write flood insurance policies and consequences of not writing such a policy. Two workshops will be held from 9 a.m. to 11 a.m. Monday at the Holiday Inn Express in Cambridge, and from 2 p.m. to 4 p.m. Monday at the Sheraton Barcelo Annapolis Hotel in Annapolis.
NEWS
By Baltimoresun.com Staff | July 14, 2004
The Maryland Insurance Administration will be available to answer questions for residents of two of the areas hardest hit by Monday's floods. "Governor Ehrlich and I want to ensure that all citizens who suffered damage from the recent storms receive prompt, efficient assistance and the most up-to-date information available," said Maryland Insurance Commissioner Alfred W. Redmer Jr. "Citizens affected by flooding should not have to worry about the timeliness...
EXPLORE
September 12, 2011
Wednesday's annual joint evening meeting of the Greater Catonsville Chamber of Commerce and the Arbutus Business and Professional Association will be devoted to health-care reform and its effect on small business. Therese Goldsmith, Maryland's insurance commissioner, will be the guest speaker for the Sept. 14 event, which will be held at the Jenkins Senior Living Community, 3320 Benson Ave., 5:30-7:30 p.m. She will address the state's role in setting up the Small Business Health Options Programs, or "SHOP Exchanges," where small businesses will be able to pool resources to buy insurance.
BUSINESS
December 18, 1990
The Maryland insurance commissioner has ruled that insurance companies can legally base their rates for auto policies on where a driver lives. The practice, known as territorial rating, means that city residents usually pay higher premiums than do drivers who live in the suburbs. Rural residents pay the least. The commissioner also ruled the system is reasonable because city drivers file claims more frequently than suburban and rural residents.The Evening Sun wants to know whether you think territorial rating is fair.
BUSINESS
Eileen Ambrose | September 2, 2011
Is your insurer charging you a hurricane deductible for filing a claim from Hurricane Irene? If so, make sure you were in an area subject to a hurricane warning. Maryland Insurance Commissioner Therese M. Goldsmith sent out a reminder today to property insurers that hurricane deductibles can't be imposed unless a claim comes from a part of Maryland that was under a hurricane warning. Maryland counties under such a warning were Caroline, Dorchester, Somerset, St. Mary's, Talbot and Wicomico and Worcester.
BUSINESS
By Lorraine Mirabella and Hanah Cho | November 14, 2009
A Baltimore County circuit judge has ruled that William L. Jews is entitled to his full $18 million severance package from CareFirst BlueCross BlueShield, reversing a 2008 decision by Maryland's insurance commissioner that the judge called "unlawful." Judge Timothy J. Martin said Insurance Commissioner Ralph S. Tyler overstepped his authority when he slashed the former CareFirst chief executive's severance and other pay by nearly $9 million. In a 60-page opinion, the judge characterized Tyler's decision as "unobjective, biased, and quite personal."
BUSINESS
By Eileen Ambrose | August 30, 2011
  A few things that will help consumers still struggling form the hurricane. Maryland's Insurance Commissioner Therese M. Goldsmith said she activated emergency regulations, requiring health insurers to waive any time limits on payments for prescription drug refills or to replace medical equipment or supplies such as eyeglass and dentures. Plus, the state's insurance administration is taking questions and complaints about insurance in the aftermath of Hurricane Irene from 7 a.m. to 7 p.m. at 410-468-2340.
BUSINESS
By Mark Guidera and Mark Guidera,SUN STAFF | February 24, 1998
Two of Baltimore's oldest life insurance companies, Home Mutual Life Insurance Co. and Baltimore Life Insurance Co., said yesterday that they plan to merge, creating a company with more than $700 million in assets.If the merger is approved by policyholders and the Maryland insurance commissioner, the combined company will be called Baltimore Life.The companies said they hope to close the merger by Sept. 30.L. John Pearson, president and chief executive officer for Baltimore Life, said the merger would not result initially in any loss of jobs, and the company is not embarking on an acquisition or merger strategy.
NEWS
January 3, 2007
Dorothy E. Birrane, a homemaker who wrote about her life, died of cancer Friday at her Timonium home. She was 69. Born Dorothy Elisa Piersanti in Baltimore and raised in Pimlico, she was a 1955 graduate of Maryvale Preparatory School and earned an associate's degree at Villa Julie College. She also attended the Peabody Conservatory. In 1958, she married Edward J. Birrane Jr., who served as Maryland insurance commissioner in the 1970s. She played piano and often accompanied her tenor husband as he sang at social events they hosted.
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