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BlackRock quits Net Zero climate group, after ongoing pushback against ESG investing

By Lynn Cavanaugh

The world's largest asset manager, with more than $10 trillion in assets under management, has dropped out of the Net Zero Asset Managers initiative, following the recent withdrawals of Morgan Stanley, Goldman Sachs, JP Morgan Chase and other megabanks.

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Are ICHRAs the 'future of health care coverage'? Giant insurer Centene thinks so

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New Massachusetts law requires PBMs to get licensed by state insurance regulators

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January 09, 2025

Illinois lawmaker seeks more oversight of pharmacy benefit managers, with new bill

The bill is similar to Pennsylvania's new law and would curb PBMs by setting rules for rebates, audits and specialty drug designation.

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January 09, 2025

Edward Jones to pay $17M for mutual fund overcharges, violating Obama-era fiduciary rule

State securities regulators discovered gaps in the firm's supervisory process, when customers moved from brokerage to advisory accounts and the financial services firm implemented new policies in response to the now-defunct fiduciary rule.

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January 09, 2025

UnitedHealth-owned insurance companies ordered to pay $165M over sales strategies

A judge in a Massachusetts state court pointed to concerns about undisclosed product bundling, agent licensing and descriptions of non-insurance products.

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January 09, 2025

Northern Trust agrees to pay $6.9M over 'underperforming' target date funds lawsuit

Participants in the firm's $2.9 billion 401(k) plan had sued the company, alleging it failed to regularly monitor plan investments and remove underperforming in-house funds.

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January 09, 2025

Paychex acquires Paycor for $4.1B in AI-driven push

Paychex announced on Tuesday that will acquire payroll processing company Paycor HCM for about $4.1 billion in cash.

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January 08, 2025

Private equity faces fresh curbs in Massachusetts in new law

Health care facilities will have to warn regulators about financial problems, and investor buyers will face new reporting requirements.

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January 08, 2025

Florida car dealer joins fight against Big Pharma insulin pricing

Braman Motors' lawyers believe their client is the first ERISA plan sponsor to join a big group of plaintiffs with cases consolidated in New Jersey.

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BlackRock quits Net Zero climate group, after ongoing pushback against ESG investing

Are ICHRAs the 'future of health care coverage'? Giant insurer Centene thinks so

New Massachusetts law requires PBMs to get licensed by state insurance regulators

Recommended Just For You

News Stories

Illinois lawmaker seeks more oversight of pharmacy benefit managers, with new bill

Edward Jones to pay $17M for mutual fund overcharges, violating Obama-era fiduciary rule

UnitedHealth-owned insurance companies ordered to pay $165M over sales strategies

Northern Trust agrees to pay $6.9M over 'underperforming' target date funds lawsuit

Paychex acquires Paycor for $4.1B in AI-driven push

Private equity faces fresh curbs in Massachusetts in new law

Florida car dealer joins fight against Big Pharma insulin pricing