CareFirst appoints Linda Cropp chairwoman

CareFirst BlueCross BlueShield's top corporate board has elected former Washington, D.C., Council Chair Linda Cropp as its chairwoman.

Cropp takes over the top governance spot at Baltimore-based CareFirst at a time when the region's market-leading health insurer faces regulatory issues in D.C. on multiple fronts. Its cash reserves remain the subject of review by the D.C. Department of Securities, Insurance and Banking. Meanwhile, the city is moving swiftly to establish a new health benefit exchange,…