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A coalition of 25 states led by Texas and Utah filed a lawsuit seeking to strike down a Biden administration rule allowing retirement plans to consider environmental, social and governance factors such as climate change and racial justice when selecting investments, Reuters reports. The states filed a complaint in a federal court in Amarillo, Texas, on Jan. 26 arguing that the rule finalized in November will lead many retirement plans to focus on a social agenda rather than long-term financial stability for investors.
1. Hackers leak stolen data from Change Healthcare on dark web
2. UnitedHealth estimates $1.6 billion loss from Change cyberattack
3. UnitedHealth reports significant data breach; personal health info compromised
4. Ex-NBA player Will Bynum sentenced in insurance fraud scandal
5. Illinois House passes governor’s 'Healthcare Protection Act’
6. Analyst says Cigna, Humana share prices could put merger back on the table