NU Online News Service, Nov. 9, 11:12 a.m. – Cobalt Corp., Milwaukee, a health insurance company, is reporting $1.1 million in net income for the third quarter on $425 million in revenue, up from a net loss of $31 million on $360 million in revenue for the third quarter of 2000.
Cobalt, formerly known as United Wisconsin Services Inc., holds the Blue Cross and Blue Shield licenses for Wisconsin.