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Company: Cigna Health and Life Insurance Company et al.
Current Parent Company:
Cigna
Parent at the Time of the Penalty Announcement:
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Penalty: $600,000
Year: 2024
Date: June 6, 2024
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: Cigna Health and Life Insurance Company and Cigna Healthcare of Texas, Inc. agreed to pay a $600,000 administrative penalty and implement a corrective action plan in settlement of allegations they failed to comply with multiple independent dispute resolution requirements.
Level of Government: state
Action Type: agency action
Agency: Texas Department of Insurance
Civil or Criminal Case: civil
Facility State: Texas
HQ Country of Current Parent: USA
HQ State of Current Parent: Connecticut
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: healthcare services
Specific Industry of Current Parent: insurance; managed care
Source of Data:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.