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

2 hours ago
Image shows the Cigna logo and some pills
The Plumbers’ Welfare Fund has filed a lawsuit accusing Express Scripts and its parent company Cigna of a multibillion-dollar scheme to allegedly inflate drug costs. Read more
More Top Stories
TOP NEWS
  • Carriers raise the home protection bar: What agents should know

  • Climate-resistant home upgrades agents should be recommending

  • Conning says insurers’ success in 2026 will depend on ‘strategic adaptation’

  • Bermuda tightens reinsurance regs, sees a decline in new entrants

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
MORE MAGAZINE

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SPECIAL FEATURE

Indexing the industry for IULs and annuities

Clients are terrified of doing everything "right" and still running out of money. Read More

MORE FEATURES

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.

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    How technology is changing personal injury auto claims

    The auto insurance claims landscape is undergoing rapid transformation.

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      The structural rise of structured products

      Structured credit has shifted over the past decade.

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      More From The Field

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
More ADVISOR NEWS

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
More NEWSWIRES

INN Insider

Healthcare Stocks To Watch Today – February 17th

Johnson & Johnson, UnitedHealth Group, and Medtronic are the three Healthcare stocks to watch today, according to MarketBeat’s stock screener tool. Healthcare stocks are shares of publicly traded companies whose primary business is providing medical products or services — including pharmaceuticals, biotechnology, medical devices, diagnostics, hospitals and health insurers. For…

  • Missouri and Kansas families pay nearly 10% of their income on employer-provided health insurance
  • ‘Green News Report’ – February 17, 2026
  • Gold Declines As U.S. Dollar Strengthens
  • Construction owner on why PBMs keep health insurance affordable
More INN Insider

Annuity News

Illustration of $100 bill with colorful sparkles.

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

  • Lincoln reports strong life/annuity sales, executes with ‘discipline and focus’
  • 2025 annuity sales creep closer to $500 billion, LIMRA reports
  • Corebridge Financial powers through executive shakeup with big sales
More Annuity News
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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

  • Globe Life reports solid quarter of sales, Bermuda reinsurer ramps up
  • Equitable reports mixed results but looks ahead to a stronger 2026
  • Indexing the industry for IULs and annuities
More Life Insurance News

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

  • Obamacare sign-ups drop, but the extent won’t be clear for months
More Health/Employee Benefits News
inn-insider

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

  • Exclusive: House GOP panel subpoenas 8 health insurers
More INN Insider News

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

  • RECORD 2025 US FLOODING HIGHLIGHTS URGENT NEED FOR FLOOD INSURANCE AND RESILIENCE MEASURES, TRIPLE-I'S NEW ISSUES BRIEF EXPLAINS
More Property and Casualty News

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

  • From ‘Frankenstein’ plans to annuities: Regulators warn of rising insurance abuse
More Insurance & Financial Fraud

Top Read Stories

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Press Releases

  • RFP #T25221
  • LIDP Named Top Digital-First Insurance Solution 2026 by Insurance CIO Outlook
  • Finseca & IAQFP Announce Unification to Strengthen Financial Planning
  • Prosperity Life Group Appoints Nick Volpe as Chief Technology Officer
  • Prosperity Life Group appoints industry veteran Rona Guymon as President, Retail Life and Annuity
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