Disability Claims Involving Cigna Corp.
Fighting for Your Right to Fair Compensation
With headquarters in Bloomfield, Connecticut, Cigna Corporation is a provider of medical, disability, life, accident insurance, and more. While their history dates back to more than two centuries ago, the company didn’t become Cigna until 1982. Currently, they serve more than 86 million customers across the globe.
They have $35 billion in revenue, ranked 97 on the Fortune 500 list for 2014, and have $55.9 billion in assets. 7.5 million people are covered by Group Disability, making them a leading provider of disability insurance.
History of Wrongfully Denied Claims
Cigna doesn’t have a very clean record when it comes to disability insurance claims. Several years ago, a 30-month investigation led to Cigna Insurance Company agreeing to settle a case involving wrongfully denied claims. They were forced to re-evaluate hundreds of disability claims that were denied between 2009 and 2010, finally agreeing to pay $1.675 in fines. The Commissioner for the California Department of Insurance reported that Cigna also set aside $77 million to prepare to pay for claims of wrongful denial in 2013.
Cigna, just like many other insurance companies, can often fall into the habit of not carefully reviewing an insured’s claim before denying in. In some cases, this may be an act of bad faith. If you believe you have been mistreated or wrongfully denied by Cigna, our insurance attorneys are here to help. Call Arnold & Itkin today!
How Our Firm Can Help With Your Disability Case
When an insurance company provides you disability coverage, they are required to honor any valid claims that you bring forward. Sadly, this doesn’t always happen. In many cases, insurance companies can act in bad faith in order to protect their own interests.
This can include instances where a company:
- Unreasonably delays payment or denies your claim
- Tries to pay you less than you are owed under your coverage
- Denies your claim without proper basis
- Requests unnecessary information or other tactics to delay your claim
While it can be difficult to identify and prove bad faith insurance practices, you are not alone during this time. Our insurance claims lawyers have years of insightful experience and have recovered billions of dollars. We understand your rights and the law surrounding these cases. Allow Arnold & Itkin to review your case!