From the release of its fourth-quarter earnings to suing over an executive's departure to a competitor, here are 10 stories about Cigna that Becker's has reported since Jan. 17:
1. Cigna is rebranding to The Cigna Group and launching two brands under the new corporate umbrella: Cigna Healthcare and Evernorth Health Services.
2. Cigna has received approval to open a branch in Saudi Arabia, becoming the first foreign insurer to be granted a license to open a location in the country.
3. Proposed Medicare Advantage plan rates introduced by CMS could affect revenue, but it is too early to see the full scope, Cigna CEO David Cordani told investors.
4. Cigna beat investor expectations and reported $1.2 billion in profit for the fourth quarter, according to its year-end earnings report.
5. Phoenix Children's Hospital patients with Cigna employer-sponsored health plans will remain in network with the payer while the sides finalize a new contract.
6. More than 66,000 Cigna beneficiaries will be back in network March 1 with Houston-based St. Luke's Health after a long dispute.
7. Cigna is suing former executive Amy Bricker and CVS, alleging her departure to the rival violated a noncompete agreement.
8. Cigna's pharmacy benefit manager Express Scripts' St. Louis (Mo.) County headquarters has been sold for $36 million just as the company renewed its lease.
9. Cigna's health services arm, Evernorth, named Adam Kautzner, PharmD, president of Express Scripts.
10. Cigna's top lawyer, Julia Brncic, departed to become general counsel at EverQuote, an online insurance marketplace.