Fitch Ratings has affirmed the Insurer Financial Strength ratings of Cigna Holding Company s operating subsidiaries at A+ , various holding company s Issuer Default Ratings at BBB+ , senior.
AM Best has upgraded most of the Long-Term Issuer Credit Ratings to “a+” from “a” and affirmed the Financial Strength Rating of A of the key U.S. life/health. | May 17, 2023
AM Best Revises Issuer Credit Rating Outlook to Positive for Cigna Corporation and Most of Its Subsidiaries; Affirms Credit Ratings insurancenewsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancenewsnet.com Daily Mail and Mail on Sunday newspapers.
Testing Company Sues Cigna Over COVID-19 Billing Dispute
4 hours ago
On Wednesday, plaintiff Enigma Management Corporation also known as Alliance Laboratory (Alliance), filed a complaint in the Supreme Court of New York, Kings County against the defendants Cigna Health Management Inc., Cigna Healthcare, Inc., and Cigna Holding Company (Cigna), for breach of contract, unjust enrichment, and declaratory judgment related to Cigna’s alleged refusal to pay Alliance for testing COVID-19 specimens.
Alliance is a clinical laboratory, according to the complaint, and Cigna is a global health insurance company. The plaintiff received hundreds of specimens from multiple individuals and medical providers for COVID-19 testing. Alliance claimed all specimens came with requisition forms filled out by medical providers, including Cigna. Alliance tested the specimens for COVID-19 and submitted claims of service to the defendants.