Blue Cross Blue Shield of Michigan is scheduled to file a reply on Monday in a lawsuit seeking to force the health care provider to divest itself of CompWest Insurance Co. of California or repay $125 million that it transferred to a subsidiary to make the purchase.Earlier this summer, it appeared legislators, state officials, Blue Cross and competing insurers might be on the way to a compromise to allow Blue Cross to enter other lines of insurance through its subsidiary Accident Fund Insurance Co. of America.But that effort stalled when Attorney General Mike Cox announced earlier this month th...
Comments