Insurance Commissioner Has ‘Significant Skepticism’ About Anthem-Cigna Merger
California Insurance Commissioner Dave Jones will be responsible for making a recommendation to the Justice Department and the Federal Trade Commission about the $54 billion proposed deal.
The Associated Press:
California Insurance Commissioner Probes Anthem-Cigna Merger
California Insurance Commissioner Dave Jones says he has "some significant skepticism" about the benefits of Anthem Inc.'s proposed acquisition of rival insurer Cigna Corp. Jones spoke at a public hearing on the proposed $54 billion merger Tuesday in San Francisco. (3/29)