Latest Maryland Headlines
All the headlines from our Maryland Topic Page, ordered by recency.
Maryland Insurers Using ‘Price Optimization’ Ordered to File Corrective Action Plan
Nov 3 2014 // The Maryland Insurance Administration (MIA) issued a bulletin alerting insurers that the use of “price optimization” in Maryland is in violation of §27-212(e)(1) of the state’s Insurance Article. MIA...
Maryland County Eyes Doubling Fines for Passing School Buses
Oct 17 2014 // Police have issued tickets to 730 drivers for passing stopped school buses in Maryland’s Montgomery County in the past nine months. Police say that number is way too high. In Maryland’s Washington County, just...
A.M. Best Revises Outlook to Negative for Frederick Mutual in Maryland
Oct 17 2014 // Ratings agency A.M. Best said it has revised the outlook to “negative” from “stable” and affirmed the financial strength rating of “A- (Excellent)” and the issuer credit rating of...
Maryland Begins Electronic Filing of Court Documents
Oct 15 2014 // The Maryland court system is launching an electronic case management system to eventually enable people statewide to file and view court documents on their computers. Tuesday’s launch in Annapolis makes electronic...
AssuredPartners Acquires Crawford Advisors in Maryland
Sep 29 2014 // AssuredPartners Inc., through its subsidiary AssuredPartners of Maryland, LLC, has acquired Crawford Advisors, LLC, in Hunt Valley, Maryland. Terms of the transaction were not disclosed. Crawford Advisors specializes in...
Maryland Officer Charged in Workers’ Comp Fraud Case
Sep 25 2014 // A Montgomery County, Maryland, police officer has been charged with perjury and workers’ compensation fraud. Gilbert Payne was charged Tuesday in Baltimore City Circuit Court. The 40-year-old Payne didn’t...
Maryland County Public Schools CFO Suspended for Insurance Fraud
Sep 23 2014 // The chief financial officer for Prince George’s County public schools in Maryland has been placed on administrative leave after the Maryland Insurance Administration found he had committed insurance fraud. A school...
Nightclub Insurer Owner in Maryland Charged in $100M Policyholder Fraud
Sep 18 2014 // The owner of a Maryland-based insurer faces fraud charges for inflating the ratings of his company to win business, according to an indictment which seeks to recover more than $100 million in premiums his clients...
AIG’s Regional Casualty Exec Thomas Joins Victor O. Schinnerer in Maryland
Sep 17 2014 // Underwriting manager Victor O. Schinnerer & Company Inc. in Chevy Chase, Maryland, has hired Scott P. Thomas as senior vice president and senior underwriting manager leading the firm’s property/casualty segment...
Berkley FinSecure in Maryland Promotes Martin to Director of Sales
Sep 16 2014 // Berkley FinSecure, a W. R. Berkley company based in Towson, Maryland, has promoted Jon Martin to vice president and director of sales. In his new role, Martin will be responsible for management of Berkley FinSecure’s...
Communities at Risk in Wake of Failure to Address Rising Seas
Sep 8 2014 // Missions flown from the NASA base here have documented some of the most dramatic evidence of a warming planet over the past 20 years: the melting of polar ice, a force contributing to a global rise in ocean levels. The...
Maryland’s Montgomery County Tells Uber to Follow Taxi Rules
Sep 8 2014 // Maryland’s Montgomery County officials want to know how Uber expanded its popular ride-sharing service into Bethesda without applying for county licenses. The Washington Post reports the county is demanding that Uber...
IA&B Announces Officers for New Administrative Year
Sep 2 2014 // Insurance Agents & Brokers Service Group (IA&B) in Mechanicsburg, Penn., and its partnership of agents’ associations in Delaware, Maryland and Pennsylvania announced officers for the new administrative year...
Ratings Recap: Continental, Nat’l. Guaranty, Westminster, Triangle, Ellington Mutual
Aug 22 2014 // A.M. Best has upgraded the financial strength rating to ‘A’ (Excellent) from ‘A-‘ (Excellent) and the issuer credit rating to “a” from “a-“of Chicago-based Continental...
Maryland Lawmaker: Legislation on Web-Based Ridesharing Likely
Aug 12 2014 // A Maryland lawmaker says the Legislature and not the state Public Service Commission should come up with policies to regulate Web-based ride-sharing services like Uber, after the PSC ruled this week that such companies...
Maryland Insurance Commissioner Appoints 2 to Top Posts
Aug 11 2014 // Maryland Insurance Commissioner Therese M. Goldsmith announced the appointment of Michele T. Oshman as the state’s associate deputy insurance commissioner and Victoria August as associate commissioner for compliance...
Coverys to Acquire ELM Exchange in Maryland
Aug 11 2014 // Coverys, a Boston-based medical professional liability insurer, announced it has finalized an agreement to acquire ELM Exchange Inc. in Rockville, Maryland. ELM provides customized online educational programs that are...
Maryland Gov. O’Malley Announces Disaster Relief for June Flooding
Aug 11 2014 // Maryland Gov. Martin O’Malley has announced a disaster relief package to help residents of Allegany and Washington counties who were affected by flooding in June. The governor announced the relief last Friday. The...
Maryland Panel Says Uber Subject to State Regulations
Aug 8 2014 // Maryland’s state body that oversees utilities and transportation in the state ruled Wednesday that a popular Web-based ridesharing service is subject to state regulation. The Public Service Commission ruled that Uber...
Nightclub Insurer Founder to Remain in Custody in Maryland
Aug 8 2014 // A federal judge says a Maryland businessman will remain in custody pending trial on charges of lying to Delaware insurance regulators. Jeffrey Cohen is the founder and former CEO of Indemnity Insurance Corp., which...
