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The Cigna Group is an American multinational for-profit managed healthcare and insurance company based in Bloomfield, Connecticut. [2] [3] Its insurance subsidiaries are major providers of medical, dental, disability, life and accident insurance and related products and services, the majority of which are offered through employers and other groups (e.g., governmental and non-governmental ...
Insurance Company of North America (INA) is the oldest capital stock insurance company in the United States, [2] founded in Philadelphia in 1792. It was one of the largest American insurance companies of the 19th and 20th centuries before merging with Connecticut General Life to form CIGNA in 1982, and was acquired by global insurer ACE Limited (currently Chubb Limited) [3] in 1999.
In February 2024, EviCore was fined $16,000 by Connecticut's Insurance Department after a review of 196 files. [1] The company was founded as MedSolutions Inc in 1992. [2] In 2016, EviCore acquired QPID Health Inc. [3] In 2017, Express Scripts acquired EviCore for $3.6 billion. [4] In 2018, Express Scripts was acquired by Cigna.
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In June 2015, Anthem made an offer to acquire Cigna for more than $54 billion in cash and stock. [58] [59] In February 2017, United States district court Judge Amy Berman Jackson blocked the Cigna merger on grounds of anti-competitive practices. [60] On February 14, Cigna called off its merger agreement with Anthem. [61]
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Cordani started working at Cigna in 1991. [5] Cordani has served as President of Cigna since 2008, and he served as Chief Operating Officer of Cigna from 2008 to 2009, when he became CEO. [4] In 2022, he was appointed as Chairman of the Board at Cigna. [5] In 2011, Cordani received a total compensation of $19.09 million.
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