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Blue Gets OK to Reorganize

Amid promises from Florida’s largest insurer that it won’t sell company stock to outsiders unless it absolutely has to, and after having a chat with Florida Blue lobbyist Paul Sanborn, state regulators approved Florida Blue’s request to reorganize, the Florida Times-Union reports. Policyholders still have to agree to the plan, which creates a mutual insurance holding company to oversee the nonprofit health insurer and other subsidies.

Originally founded in December 2006 as an independent grassroots publication dedicated to coverage of health issues in Florida, Health News Florida was acquired by WUSF Public Media in September 2012.