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Phila., N.J. due for Cigna

Article Abstract:

Cigna Corp. is negotiating with officials in Camden, New Jersey to move the company headquarters from Philadelphia, Pennsylvania. The insurance company employees 1,500 workers at its Center City headquarters and another 1,500 in surrounding areas. Officials in Philadelphia, and Pennsylvania are also negotiating to keep the company from moving out of state.

Author: Couloumbis, Angela, Ott, Dwight
Publisher: Philadelphia Newspapers, Inc.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2003
Management dynamics, Management, Company business management

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Ace Ltd. decides to remain in Phila.

Article Abstract:

Ace Ltd., one of the largest property and casualty insurance carriers in US agreed to buy a 325,000 square foot office complex at 436 Walnut St. to serve as its US headquarters. The 1,100 Ace employees who work in Two Liberty Place at 1601 Chestnut St. will move to the building beginning in late 2005.

Author: Holcomb, Henry J.
Publisher: Philadelphia Newspapers, Inc.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2004
Acquisitions & mergers, Bermuda, Mergers, acquisitions and divestments, Company acquisition/merger, ACE Ltd., ACE

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N.J. pulls tax-break offer to Cigna

Article Abstract:

New Jersey withdrew a package of incentives, estimated to be worth up to $100 million, that it had offered Cigna Corp to move its headquarters from Center City to Camden. The state asked for some assurance that the major insurance carrier would move to Camden.

Author: Holcomb, Henry J., Ott, Dwight
Publisher: Philadelphia Newspapers, Inc.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2004
United States, Organizational history, Location

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Subjects list: Insurance industry, New Jersey, Buildings and facilities, Pennsylvania, CIGNA Corp., CI
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