Cigna, Stanley Black & Decker to Finance Hartford Development
Insurance firm Cigna and toolmaking giant Stanley Black & Decker are combining to fund a real estate development project in Hartford’s Downtown North neighborhood.
Hartford Lands Health Care IT Firm’s ‘Innovation Center’
New Jersey-based enterprise IT firm GalaxE.Solutions has opened an “Innovation Center” in downtown Hartford’s Stilts Building, and hopes to grow the office into a program to help fuel a tech-led change in the city’s economy.
Webster Bank’s HSA Business Collects Major Victories in Q2
Webster Bank scored key wins for its Health Savings Account Bank division by expanding its relationship with a key partner and with a major lobbying win in Washington D.C.
Cigna to Unveil New Pregnancy App in 2019
Global health service company Cigna has launched a new pregancy app.
Senator Asks for Insurance Merger Reviews
Iowa’s senator has raised concerns about proposed mergers involving Connecticut insurers, the Hartford Business Journal reports.
Cigna to Spend About $52B for Express Scripts
The insurer Cigna will spend about $52 billion to acquire the nation’s biggest pharmacy benefit manager, Express Scripts, the latest in a string of proposed tie-ups as health care’s bill payers attempt to get a grip on rising costs.
Bloomfield’s Cigna Buys Zurich Insurance Middle East
Cigna has recently announced the acquisition of general insurer, Zurich Insurance Middle East. The acquisition, which was successfully completed in June, marks the beginning of a new phase of operations for Cigna in the Middle East.
US Court Blocks Anthem-Cigna Merger, Dealing Blow To Consolidation
A federal judge on Wednesday ruled against U.S. health insurer Anthem Inc.’s proposed $54 billion merger with smaller rival Cigna Corp., derailing an unprecedented effort to consolidate the country’s health insurance industry.
US Judge In Anthem Merger Sets Trial For Nov. 21, Plans Ruling By Late January
The judge overseeing the U.S. Justice Department’s bid to stop health insurer Anthem from merging with competitor Bloomfield-based Cigna said on Friday her goal was to have a ruling by the end of January, later than the Dec. 30 date sought by Anthem.
Insurance Commissioner Says She Has No Conflict In Merger
Connecticut 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.
Panel To Review Insurance Commissioner’s Role In Merger
Connecticut’s Citizens Ethics Advisory Board has agreed to review whether the state’s insurance commissioner should recuse herself from overseeing Anthem Inc.’s proposed merger with Bloomfield-based Cigna. Connecticut Common Cause is among the several advocacy groups...
