Anthem Agrees to Record Settlement Over Cyberattack
The company said it would change its security practices to prevent future intrusions.
Anthem, Cigna Trade Lawsuits Over Merger
The suits follow a court ruling blocking the deal, with Anthem attempting to stop Cigna from terminating their agreement.
Aetna, Humana Walk Away From $34B Merger
The insurers cited the Jan. 23 ruling in which a federal judge found the deal would substantially reduce competition in the Medicare Advantage market.
Court Blocks Another Healthcare Megamerger
The proposed Anthem-Cigna deal "is likely to have a substantial effect on competition in what is already a highly concentrated market," the judge says.
CFOs on the Move: Week Ending May 6
Anthem, Groupon, Kellogg, Sunoco, MSCI, Arrow Electronics, Vantiv, Stratus Technologies, DDR, AMAG Pharmaceuticals
Could Insurer Consolidation Check Health Costs?
It may be counterintuitive, but combinations like Aetna's planned purchase of Humana could lead to lower pricing from medical providers.
Cigna Rejects Anthem’s $47B Takeover Bid
Health insurer cites governance concerns in rebuffing offer that represents a 35% premium to its stockholders.
Calculating the Colossal Cost of a Data Breach
Some targets have spent tens of millions just to notify customers and provide identity-theft monitoring.
Lloyd’s Insurer Says Cyber Risks Too Big to Cover
The biggest Lloyd's of London insurer says cyber attacks are unusually systemic and the require governments to step in.