Subcontractor claims N.D. Blue Cross Blue Shield subsidiary ‘financially distressed’
FARGO – North Dakota insurance regulators are keeping an eye on a potentially costly legal dispute involving a subsidiary of Blue Cross Blue Shield of North Dakota.
In a recent quarterly statement, Noridian Mutual Insurance Co., which does business as Blue Cross Blue Shield of North Dakota, disclosed that an unidentified wholly owned subsidiary faces projected losses of $17.8 million.
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