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North Dakota Blue Cross fires top executive

May 06, 2014 - Associated Press Financial Wire
Board and Executive Moves

BISMARCK, N.D. (AP) - The company that does business as Blue Cross Blue Shield of North Dakota fired its president and chief executive officer on Monday, days after the state's dominate insurer reported nearly $80 million in financial losses in 2013.

Paul von Ebers had been the Blues' top executive since 2009. He succeeded former CEO Mike Unhjem, who was fired amid criticism over a Caribbean retreat for the insurer's employees.

The bulk of the company's financial woes stem from a sub...