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Genworth/Oceanwide Stalls at State Level

A source close to Delaware’s Department of Insurance told CTFN that nothing additional has been done on the Genworth-China Oceanwide merger review. The source indicated thatfeatured

Pace of State Approvals Picks Up in Genworth/China Oceanwide Deal

China Oceanwide’s purchase of Genworth Financial for $2.7 billion has faced a number of hurdles, including multiple state insurance department reviews, as well as an in-depth examinationfeatured

Genworth/China Oceanwide Update

Updated at 1:03pm EST – (adds additional comment from VA) – Genworth reported along with its August 1 earnings that the company and China Oceanwide have agreed in principle to extend the deadline for the termination of the parties’ merger agreement to November 30featured

Genworth/Oceanwide State Approval Process Slowed by Paperwork

China Oceanwide’s $2.7 billion acquisition of Richmond, Virginia-based Genworth Financial continues to wait on state insurance regulators who arefeatured

Genworth/Oceanwide Deal Moving Slowly Towards Approvals

State regulatory reviews of China Oceanwide’s $2.7 billion acquisition of Genworth continue, though the reviews have been slowed by the amount of information beingfeatured

Missouri Indicates Additional Obstacles for Cigna/Anthem

Insurance regulators in Missouri, the only state to reject the merger application for Humana and Aetna, have begun the review process for the Cigna and Anthem deal, even as all other states have agreed to suspend the process while the two health insurance mergers are being challenged in federal court by the Department of Justice. … Read Morefeatured

Genworth-China Oceanwide Deal in Doubt

The likelihood that regulators will approve China Oceanwide Holdings’ $2.7 billion, or $5.43 per share, acquisition of Genworth Financial is slim, several attorneys told CTFN. “I don’t see this deal happening no way and no how,” an insurance regulatory attorney close to Genworth said. “This is evenfeatured

Opponents Suggest Tougher Fight in Connecticut for Cigna/Anthem Merger

Opponents of the two big healthcare mergers were criticizing Connecticut regulators for clearing the Humana/Aetna deal without a public hearing and are vowing greater scrutiny for the Cigna/Anthem combination, which would have a more profound impact on the state’s healthcare markets. “This is a development of market dominance we have not seen ever in the … Read Morefeatured

California Complicated for Health Insurance Mergers

The accelerating consolidation among health insurers has clouded the regulatory landscape for the mega Cigna-Anthem and Humana-Aetna mergers, which must pass scrutiny from two separate California agencies, as well as insurance regulators in dozens of other states. Experts expect the two big mergers to be evaluated alongside separate combinations either pending or recently completed in … Read Morefeatured

State Regulators Eye Too Big To Fail for Anthem/Cigna

As the Department of Justice commences its review of the huge mergers in the healthcare insurance arena, state insurance regulators are also expected to focus on the risk profile and liabilities of the combined entities at a time when too big to fail has become a warning signal. “Remember, these healthcare providers are insurers too,” … Read Morefeatured


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