Companies selling long-term care insurance will take “material reserve charges” through 2019 to cover claims in the life insurance sector’s “riskiest business,” Fitch Ratings says in a new report.
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Icahn Opposes Cigna-Express Scripts Deal, Citing Amazon And ‘Flawed’ PBM Rebates
Investor Carl Icahn went public Tuesday with his opposition to Cigna’s proposed purchase of Express Scripts, saying the health insurer is overpaying amid a challenging regulatory environment and the entrance of Amazon into the pharmacy business.
