The Office of State Ethics is taking the rare step of seeking authority to subpoena personal financial information that Insurance Commissioner Katherine L. Wade has failed to provide the lawyer responsible for determining if Wade has a conflict of interest ruling on the merger of Anthem and Cigna. Wade’s lawyer says she has been responsive and suggests the conflict question is moot, because the state’s review is suspended until a federal anti-trust suit is resolved.
WASHINGTON — The Justice Department filed lawsuits Thursday to block both proposed mergers between Aetna and Humana and Anthem and Cigna. The insurers said they would fight the suits.
WASHINGTON — Connecticut Attorney General George Jepsen said he is concerned an Anthem-Cigna merger would result in decreased competition and higher premiums and will make a decision in as soon as two weeks whether to try to block it in court.
Connecticut Attorney General George Jepsen will no longer recuse himself from the review of a proposed $54 billion merger between Anthem and Cigna, his office revealed on Tuesday.
While Insurance Commissioner Katharine Wade, a former Cigna in-house lobbyist, said she won’t recuse herself from involvement in the $54-billion merger between Cigna and Anthem, the issue has not been settled by the Connecticut Office of State Ethics, which is still in discussions with her about the situation.
WASHINGTON — With high stakes in play, Aetna, Inc. has hired four high-powered Washington lobbying firms to help the company win federal approval of a merger with Humana. Cigna followed by hiring three D.C. lobbying firms this week to press its case to merge with Anthem.