OLYMPIA, Wash. – Insurance Commissioner Mike Kreidler issued a fine against Cambia Health Solutions, Inc., parent company of Regence BlueShield, Asuris Northwest Health and Commencement Bay Risk Management Insurance Co., for failure to notify his office about the arrest of the incoming CEO of the company that it sought an affiliation with.
Blue Cross and Blue Shield of North Carolina filed its intention to affiliate with the Cambia companies in April 2019. Its CEO, Dr. Patrick Conway, was to be named the head of Cambia. In June 2019, police arrested Dr. Conway in…