PhillyInc

Cigna Corp. (NYSE: CI) Chief Financial Officer Michael Bell notified the SEC yesterday that he exercised options on 31,217 shares last Friday at prices ranging from $75.44 to $96.53 and resold them that day for $165.78 to $166.14. That comes to at least $2.16 million. Cigna shares are up more than 24 percent this year, helped by better-than-expected first quarter results. The company also raised its forecast for the year. Also see AP story. -- Jonathan Berr