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The U.S. Court of Appeals for the Second Circuit affirmed the dismissal of a class-action lawsuit filed against Cigna that accuses the health insurer of committing securities fraud, according to the New York Law Journal.

Three health insurers filed status reports with the federal government March 5 asking for billions in unpaid cost-sharing reductions payments. While the insurers don't agree on the estimate, a group of insurers' class-action lawsuit estimates damages of more than $2…

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