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The clipping this text was read from
The clipping this text was read from

Diamonstein, D-Newport News. Besides this time frame, he said, the governor’s proposal is misleading because there are numerous legal maneuvers that could delay receiving the funds even further.

Trigon filed its application for demutualization with the State Corporation Council in June. If approved by the Bureau of Insurance and the SCC, Trigon would be allowed to convert from a nonprofit company to a for-profit company owned by shareholders.

Also many in the assembly are balking at adding Powerball and Keno games to the lottery. About $67 million of the governor’s budget was to come from revenues from these two new games.

Lawmakers fear the state would become too

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See Funds, Page A-8

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