February 4, 2026

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Cigna Settles FTC Insulin Case, Commits to Drug Pricing Overhaul

Cigna Corp.’s Express Scripts has settled the U.S. Federal Trade Commission’s claims its insulin pricing practices violated antitrust and consumer protection laws, and agreed to changes aimed at lowering costs for patients, insurers and small pharmacies, according to a copy …

Massachusetts Approves Liberty Mutual Reorganization Involving 3 Domestic Mutuals

Liberty Mutual has received approval to convert three domestic mutual insurance affiliates into stock companies and then merge them into a new wholly-owned subsidiary of Liberty Mutual Holding Company (LMHC). The Massachusetts Division of Insurance has approved the reorganizations of …

US Will Test Infant Formula to See If Botulism Is Wider Risk

U.S. health officials plan to test certain dairy-based ingredients used in a wide variety of baby formulas for spores that can cause infant botulism, in the wake of the ByHeart recall last year that was connected to 51 infant hospitalizations. …

Charges Dropped Against ‘Poster Boy’ Contractor Accused of Insurance Fraud

Almost three years ago, in May of 2023, a circuit court judge in Lee County, Florida, sharply criticized a restoration contractor, accusing him of concealing the true cost of condominium roof work in an assignment-of-benefits claim with Tower Hill insurance. …

Waymo Valued at $126B in Latest Financing as Robotaxis Gather Steam

Alphabet unit Waymo said it had raised $16 billion in its latest fundraising round that valued the self-driving car startup at $126 billion, nearly tripling its valuation in less than two years. As one of the most sought-after applications of …

Canceled FEMA Review Council Vote Leaves Flood Insurance Reforms in Limbo

The Federal Emergency Management Agency has yet to release a long-anticipated final report from its Review Council after canceling a December 11 meeting where members were expected to vote on final recommendations. As a result, FEMA and the National Flood …

After Falling 6%, Average Auto Insurance Cost Will Stabilize in 2026, Says Insurify

Consumers of auto insurance in the U.S. received a respite overall from several years of premium increases, but don’t tell that to drivers in some states and don’t look for it to continue. According to online insurance agent Insurify, the …