Health Insurer CEOs' Big Paychecks Are Latest Target of Outraged Shareholders

...Some investors are now beginning to question how those companies make the billions of dollars in profits they report every year, especially with the ranks of the uninsured continuing to swell, how they spend policyholders' money to influence public policy and whether their CEOs are truly worth all they are being paid.

Of the five biggest for-profit insurers, Cigna will lead off the annual meeting season this coming Wednesday in Hartford and it will not likely be the sleeper previous meetings have been.

That's because earlier this month, one big shareholder -- the Change to Win (CtW) Investment Group -- sent a letter to other shareholders urging them to "send our board a clear message: Cigna's executive pay structure is broken and open engagement needs to begin with concerned shareholders, immediately."...