Business

Business

NC Insurance Department launches probe of Blue Cross

Investigation will take months and cost of hiring experts will be paid for by Blue Cross

Agency has received more than 1,000 formal complaints about Blue Cross in past month

Insurance Commissioner Goodwin says he still supports the ACA despite financial losses for insurers

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Bank Watch

Bank of America stock trading at 2012 levels

Shares of the Charlotte-based bank fell to $10.99 in midafternoon trading on Thursday

The last time its shares traded that low was December 2012

Crashing oil prices and concerns about global economic health have weighed heavily on US bank stocks this year, according to analysts

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