Maryland Insurance Commissioner Steven Larsen, whose scathing criticism of the proposed sale of CareFirst Blue Cross and Blue Shield to WellPoint Health Networks ultimately led to the deal's collapse, completes his 6-year term on Saturday. He will join the law firm of Saul Ewing LLP in Baltimore. During Larsen's term, the Maryland Insurance Administration created a complaint unit and appeals process for consumers. Most recently, Larsen rejected the CareFirst proposal, saying that the sale of the Maryland-based health plan did not meet a legal requirement that for-profit conversions benefit the public interest. He also slammed the CareFirst board for lack of oversight. In response to the deal, legislators authorized a state takeover of CareFirst, triggering a flurry of lawsuits. A federal judge has stayed all litigation until June 3 in hopes the parties will reach a compromise. -- by Tony Fong
Md.'s feisty insurance commissioner ends his term
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