Lawsuit accuses Cigna PBM of ‘demanding kickbacks’ from drug maker

INSURANCENEWSNET MAGAZINE
In this issue...
- 2026: The industry responds to an aging population
- Hybrids will lead the way in product trends for 2026
- Knighthead’s big move — With Ed Massaro
- Building momentum — with Lonniece McDonald
- Start 2026 workplace benefits education now
- Take advantage of the exploding $800B IRA rollover market
SPECIAL FEATURE
Indexing the industry for IULs and annuities
Clients are terrified of doing everything "right" and still running out of money. Read More
From The Field
Well-intended legislation won’t solve California’s insurance woes
Three bills introduced in California’s legislature look to rewire the equations and calculus of risk, rates and payouts determined.
How technology is changing personal injury auto claims
The auto insurance claims landscape is undergoing rapid transformation.
The structural rise of structured products
Structured credit has shifted over the past decade.
ADVISOR NEWS
LTC: A critical component of retirement planning
Long-term care has always been an essential piece of retirement planning discussions.
- Middle-class households face worsening cost pressures
- Metlife study finds less than half of US workforce holistically healthy
- Invigorating client relationships with AI coaching
- SEC: Get-rich-quick influencer Tai Lopez was running a Ponzi scam
- Companies take greater interest in employee financial wellness
NEWSWIRES
Mercury General: Q4 Earnings Snapshot
—LOS ANGELES— Mercury General Corp. on Tuesday reported net income of $202.5 million in its fourth quarter. On a per-share basis, the Los Angeles- based company said it had net income of $3.66. For the year, the company reported profit of $541.1 million, or $9.77 per share.
- Safety Insurance Group, Inc. Declares First Quarter 2026 Dividend and Timing of Year-End 2025 Results
- Veteran speaks out on veterans mail-order drug bill
- National Life Group Selects FINEOS AdminSuite to Transform Living Benefit and Life Insurance Claims Operations
- Delaware weighs cutting GLP-1 coverage on state plan
- Homeowners insurance rates could reemerge in Illinois legislative session
Annuity News
How next-gen pricing tech can help insurers offer better annuity products
Next-gen pricing technologies simultaneously combine economic scenarios, profitability metrics, and capital requirements to pri... Read More
Life Insurance News
The insurance industry must embrace change like never before
Our industry must adapt to the changing lifestyles and needs of younger consumers Read More
Health/Employee Benefits News
ACTING SUPERINTENDENT KAITLIN ASROW ANNOUNCES JERICHO SHARE TO CEASE OPERATIONS IN NEW YORK FOR SELLING UNLICENSED HEALTH INSURANCE PLANS
Department of Financial Services Acting Superintendent Kaitlin Asrow today announced that House of Prayer and Life, Inc. d/b/a ... Read More
OnMed and Triple-S Expand Healthcare Access Across Puerto Rico
OnMed, the leader in tech-enabled hybrid healthcare, is significantly expanding its footprint in Puerto Rico with the deploymen... Read More
CVS Health Makes Health Insurance Simpler and More Affordable for Americans
“Our ambition is to be America’ s most trusted health care company,” said David Joyner, President and CEO of CVS Health.“ We ar... Read More
Your company's life insurance plan may not be enough. Here's why.
Roughly half of Americans have life insurance. Fewer people own policies that will last beyond their current jobs. Is that a ba... Read More
Fed Gov. Miran says evidence shows little inflation from tariffs
Economic data shows little connection between the Trump administration’ s tariffs and overall inflation, said Stephen Miran, th... Read More
Scoop: Arizona GOP insurance paid $1M for fake elector legal fees
The Arizona Republican Party's liability insurance paid $1 million in legal fees for the GOP electors who falsely asserted that... Read More
Property and Casualty News
Loews Corp. (NYSE: L) Making Surprising Moves in Tuesday Session
Loews Corporation (NYSE: L) has caught the attention of the investment community today with its bullish price action. The compa... Read More
McLaren Health Care, in Partnership With Bunkerhill Health, Launches First-of-its-Kind AI-Powered Cardiovascular Screening in Michigan
McLaren Health Care and its McLaren Heart& Vascular Institute have launched a first-of-its-kind cardiovascular screening pr... Read More
Are MS Coast homeowner insurance rate hikes easing? What experts, records say
Rate hikes on homeowners insurance appear to be easing in Mississippi, particularly along the Coast, where premiums have grown ... Read More
Insurance & Financial Fraud
Trump Sues JP Morgan For ‘Nice Bank You Got There, Be A Shame If Something Happened To It’
JAMIE DIMON, COME ON DOWN! Trump announced the litigation 10 days ago on Truth Social, insisting that he would never consider a... Read More
"Commercial defamation." Trump sued JP Morgan for its "progressive beliefs" and demanded millions in compensation.
US President Donald Trump has filed a multimillion-dollar lawsuit against Wall Street's largest bank, JP Morgan Chase, and its ... Read More
Wisconsin releases enforcement actions for December
The Wisconsin Office of the Commissioner of Insurance recently released a list of administrative actions for December. The acti... Read More


