The Capitol Forum Wins 2024 Loeb Award for Personal Finance & Consumer Reporting

Published on Oct 11, 2024

The Capitol Forum proudly announces that our collaborative reporting with ProPublica has earned us the prestigious 2024 Gerald Loeb Award for Excellence in Business Journalism in the Personal Finance & Consumer Reporting category. This marks a significant achievement in our ongoing commitment to high-impact investigative journalism.

The article that earned the award, “Uncovered”, was co-authored by an exceptional team of reporters: David Armstrong, Patrick Rucker, Maya Miller, Robin Fields, T. Christian Miller, and Ash Ngu. The story exposed the inner workings of health insurers as they avoided paying for expensive care, revealing how Cigna built a system that allows its medical directors to instantly reject a claim without opening a patient’s file. The “Uncovered” series led to wide-ranging impact, including inquiries into Cigna launched by both The House Energy and Commerce Committee and the Department of Labor, as well as interest by state insurance commissioners. Class-action lawsuits in California and Connecticut were also filed against Cigna. 

This award-winning story would not have been possible without our strong collaboration with ProPublica, one of the nation’s leading investigative reporting organizations. The partnership brought together the unique strengths and expertise of both organizations, with ProPublica’s rigorous investigative approach complementing The Capitol Forum’s deep understanding of health care policy and regulation. The combined efforts of our teams resulted in a story that not only resonated with readers but also led to real-world impact, including increased scrutiny from regulators and policymakers. This is the kind of journalism we strive for: investigative reporting that holds powerful institutions accountable and creates meaningful change.

The Gerald Loeb Awards, often considered the “Pulitzer Prize” of business journalism, recognize outstanding coverage of complex financial and economic issues. Winning in the Personal Finance & Consumer Reporting category is a testament to the dedication and hard work of our reporting team. We are incredibly proud of this achievement and grateful for the recognition. We would like to extend our thanks to the Loeb Awards committee for honoring our work, as well as to our partners at ProPublica for their collaboration and commitment to quality journalism.