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Maryland Insurance Commissioner

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...
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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.
EXPLORE
February 6, 2012
Redmer Insurance Group has named Caesar Rossilli, a Harford County native and Kingsville resident, personal lines manager. Rossilli is a 17-year veteran of the insurance industry. At Redmer Insurance Group, he oversees the sale of personal lines insurance including auto, home, life, umbrella, recreational vehicles and boat policies. Prior to joining Redmer Insurance Group, Rossilli served as regional insurance manager for Long & Foster Insurance Agency, Inc. Earlier, he held the positions of financial service representative and sales manager at MetLife and sales representative for Liberty Mutual Insurance Company.
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 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 10, 1991
Applications are now being taken by Bowie Ambulatory Care, a non-profit group, to provide an alternative to nursing homes. Residents share a private home with three other senior citizens. Each resident has his or her own room. Nursing assistants provide 24-hour care. All meals are prepared to each resident's needs. Transportation and community activities are also available.Information: 464-0242 (Susan Masters).COURSE ON PAINTING MEETS ON THURSDAYSA free 10-week painting class for anyone 60 years or older will begin Thursday, Jan. 10, at Brooklyn Park Library, 1 E. Eleventh Ave.The class will meet each Thursday from 1 to 3 p.m. Beginners through advanced students are encouraged to attend.
BUSINESS
By M. William Salganik and M. William Salganik,SUN STAFF | October 25, 2003
The District of Columbia insurance commissioner yesterday ordered CareFirst BlueCross BlueShield not to change its board, bylaws or corporate goals without his approval. The order, similar to one issued by Delaware's insurance commissioner in April, is the latest salvo in a dispute in which Maryland is attempting to reform the region's largest insurer. Lawrence W. Mirel, the D.C. commissioner, noted in his order that "efforts to comply with the Maryland legislation may prejudice the interests" of CareFirst members served by the D.C. plan, or "negatively impact" the plan's "financial stability, product offerings, underwriting standards, etc."
BUSINESS
By Hanah Cho and Hanah Cho,Sun reporter | August 25, 2006
Delaware's insurance commissioner has rejected the latest plan for modifying the affiliation between CareFirst BlueCross BlueShield and its Delaware subsidiary. The decision, released yesterday, could cause Blue Cross Blue Shield of Delaware to split from CareFirst, ending a relationship that began in 2000. CareFirst, which has its headquarters in Owings Mills, has about 300,000 members in Delaware and 3.1 million in Maryland and the District of Columbia. If the separation happens, it will have no bearing on Maryland consumers or CareFirst operations, said R. Steven Orr, the Maryland insurance commissioner.
BUSINESS
By M. William Salganik and M. William Salganik,SUN STAFF | November 8, 1997
Maryland's insurance commissioner should consider requiring a proposed new holding company that would control the Blue Cross plans of Maryland and the District of Columbia to be incorporated as an insurance company, assuring regulatory control, a consultant's report recommends.Also, the report says, the commissioner should develop a method for valuing the assets of the two Blue Cross plans and for allocating the assets if the insurers ever convert to for-profit status.KPMG Financial Services Consulting submitted its recommendations yesterday to Steven B. Larsen, the Maryland insurance commissioner.
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