Business Services Industry
CIGNA agrees to pay commission fees for dental plan to Connecticut.
Knight Ridder/Tribune Business News, December, 2004
By Diane Levick, The Hartford Courant, Conn. Knight Ridder/Tribune Business News
Dec. 8--CIGNA Corp. has agreed to pay the state more than $870,000 because the company improperly charged and concealed commissions on dental insurance for state employees, Connecticut officials said Tuesday.
Attorney General Richard Blumenthal said CIGNA's $870,388.68 payment -- $481,246 reflecting commissions and the rest interest -- resulted from his office's ongoing probe of insurance industry practices.
CIGNA, however, claimed credit for bringing the 14-year situation to the state's attention and said the action wasn't the result of ongoing investigations of commission practices.
CIGNA blamed an unintentional "administrative error" for the...
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