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.
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
Insurer Cigna Eases Rules For Opioid Addiction MedicationThe health insurer Cigna has agreed to end a policy that required physicians to fill out extra paperwork before they could give patients a drug used to treat opioid addiction.
Companies Store Trillions In Offshore AccountsA new study shows three-quarters of Fortune 500 companies stash billions in overseas accounts, including some Connecticut-based firms.
Insurance Commissioner Recuses Self From Cigna MergerConnecticut's insurance commissioner has told a state ethics panel that she would recuse herself from overseeing a proposed merger involving her former employer.
Panel Still Reviewing Insurance Commissioner Cigna RecusalConnecticut's ethics panel is continuing its review of whether Insurance Commissioner Katharine Wade should have recused herself from overseeing the proposed merger between Anthem Inc. and Bloomfield-based Cigna.
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.
Insurance Commissioner Says She Has No Conflict In MergerConnecticut Insurance Commissioner Katharine Wade contends she has no conflict of interest that would prevent her from overseeing a proposed merger between Anthem Inc. and Bloomfield-based Cigna.