Anthem Gives Up Cigna Bid, Vows To Fight On Over DamagesAnthem has ended its soured, $48 billion bid to buy rival Cigna, but the nation's second-largest health insurer isn't giving up a fight over whether Cigna deserves a termination fee for the scrapped deal.
Legal Setback For Anthem In Battle With CignaJudge rejected Anthem's request to extend a temporary ban blocking Blomfield-based Cigna from pulling out of a proposed 48 billion dollar merger
Anthem Asks Supreme Court To Review Blocked Cigna DealHealth insurer Anthem is not ready to give up its $48-billlion bid for rival Cigna, which is based in Bloomfield, and now hopes to find a favorable audience in the U.S. Supreme Court.
Appeals Court Upholds Decision To Block Anthem Bid For CignaA federal appeals court has left in place a decision blocking Anthem Inc.'s bid to buy rival Bloomfield-based health insurer Cigna Corp.
Court: No $94M Stock Windfall For Connecticut State WorkersConnecticut state workers and retirees will not get part of a $94 million stock windfall received by the state in 2001 and then used to help fill a budget gap.
Insurer Anthem Fires Back At CignaHealth insurers Anthem and Cigna are now trading lawsuits instead of working together to salvage their shaky $48-billion buyout agreement.
Health Insurance Merger RejectedJudge says the Cigna-Anthem merger would reduce competition, increase costs and diminish innovation
Connecticut Insurances Rates To Climb Despite State CutsTens of thousands of Connecticut health insurance consumers will still see double-digit increases in their 2017 rates, even though the state's Department of Insurance has denied some rate requests filed by health insurers while reducing others.
Connecticut Pares Some Insurance Rate Hikes, Rejects OthersThe Connecticut Department of Insurance has released its rulings on rate requests filed by a dozen health insurers and some still include double-digit increases for consumers.
Government Suits Target Mergers Involving Bloomfield-based Cigna, Hartford-based AetnaThe department of Justice today filed a federal anti-trust lawsuit in an effort to block a major health insurance merger involving Bloomfield-based Cigna.
Ethics Board To Review Commissioner's Merger OversightThere have been calls for Insurance Commisioner Katherine Wade to recuse herself from oversight of the Anthem-Cigna Merger
Regulators Slap Bloomfield-based Cigna With Medicare Enrollment SuspensionFederal regulators have stopped Cigna from enrolling new Medicare customers until the health insurer deals with problems that have triggered care denials or delays and higher costs for some people.