Richard Topping has been named CEO of Cardinal Innovations Healthcare, a large specialty health plan based in Charlotte, N.C.
Topping, 38, joined the company in 2009 as executive VP and general counsel. He replaces retiring CEO Pam Shipman.
Before joining Cardinal Innovations, Topping was a trial attorney for the U.S. Justice Department in Washington, where he represented the HHS secretary. He also served as special assistant U.S. attorney for the Western District of Louisiana and the Eastern District of North Carolina.
PreferredOne, a Minnesota-based health insurance company that bowed out of the state's exchange, has named David Crosby CEO, effective Aug. 10.
Crosby, 53, previously was executive VP for commercial health plans at MVP Health Care, an insurer based in New York. Paul Geiwitz has been serving as PreferredOne's interim CEO since Marcus Merz retired at the end of 2014.
PreferredOne—half-owned by Fairview Health Services and part-owned by North Memorial Health Care and PreferredOne Physician Associates—was the most popular plan on Minnesota's state-run exchange in 2014. But underpriced premiums and higher-than-expected claims from policyholders piled up into large losses and forced PreferredOne to abandon the exchange for this year.