D.C. insurance regulator orders CareFirst to pay...

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Washington, D.C.’s insurance regulator is ordering a CareFirst BlueCross BlueShield subsidiary to issue rebates to subscribers worth up to $51.3 million of a $56 million “excess surplus” the company was told it owes in community reinvestment, it was announced Wednesday. It was the final decision in the ongoing battle over the size of a surplus carried by Group Hospitalization and Medical Services Inc., or GHMSI, dating back to 2011. In his order, D.C. Department of Insurance, Securities and Banking…