Health insurer Cigna answered the U.S. Department of Justice’s lawsuit against the insurer and its proposed acquirer Anthem Monday, two months after the department sued the payer over antitrust concerns. In the DOJ’s lawsuit, the department claimed Indianapolis-based Anthem and …
A 19-year-old lawsuit continues to haunt State Farm Insurance, and billions potentially hang in the balance. A federal judge in East St. Louis on Sept. 16 conferred class-action status on plaintiffs representing 4.7 million State Farm policyholders. The plaintiffs allege that State Farm schemed to contribute millions to the U.S. Chamber of Commerce with the intention of having the money …