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North Carolina Legislation Would Force Blue Cross to Return Surplus.

By Anne Krishnan, The Herald-Sun, Durham, N.C. Knight Ridder/Tribune Business News

Mar. 24--Insurance regulators are preparing legislation that could require Blue Cross to give some of its surplus back to consumers following a year that saw the nonprofit insurer pull in record earnings of $196 million.

The N.C. Department of Insurance has received 1,200 calls and letters since mid-January asking officials to look into Blue Cross' rising premiums and profitability, spokeswoman Chrissy Pearson said.

"We are hearing from people who simply cannot

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