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Cigna CEO sees opportunity in Amazon's new venture

Cigna CEO sees opportunity in Amazon's new venture

By Shelby Livingston  |  February 01, 2018

Cigna Corp. CEO David Cordani said there's opportunity for the insurer in the Amazon-JPMorgan Chase-Berkshire Hathaway venture. Meanwhile, the insurer reported that customer growth and higher premiums and fees helped boost its 2017 revenue.

CMS lifts Medicare Advantage sanctions on Cigna

CMS lifts Medicare Advantage sanctions on Cigna

By Shelby Livingston  |  June 16, 2017

Bloomfield, Conn.-based Cigna may immediately resume marketing its Medicare Advantage plans and enrolling members. Insurance industry analysts noted that the lifted sanctions pave the way for Cigna to pursue an acquisition in the lucrative Medicare Advantage segment.

Anthem loses appeal to seal $54B Cigna deal

By Shelby Livingston  |  April 29, 2017

Last week, a federal appeals court upheld a lower court's ruling that blocked Anthem and Cigna from merging in a $54 billion deal.

Anthem may look for last-ditch options after Cigna merger rejected

Anthem may look for last-ditch options after Cigna merger rejected

By Shelby Livingston  |  April 28, 2017

After convincing one appellate judge that the $54 billion proposed merger had merit, Anthem may continue its unlikely fight to defend the deal and separately avoid paying a $1.85 billion break-up fee and other damages to Cigna.

AMA urges Trump's DOJ to keep blocking Anthem-Cigna deal

By Maria Castellucci  |  March 02, 2017

The American Medical Association urged the U.S. Department of Justice this week to reject the merger of Anthem and Cigna after court documents showed Anthem is holding out hope that the agency under the Trump administration will approve the deal.

Cigna CFO Thomas McCarthy to retire early summer

Cigna CFO Thomas McCarthy to retire early summer

By Shelby Livingston  |  February 23, 2017

Thomas McCarthy will retire early summer and will be replaced by Eric Palmer, a 20-year veteran with the company who now serves as CFO for Cigna's global health, Cigna-HealthSpring, employer-based health care, group and supplemental insurance businesses.

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