In a significant development in the health insurance industry, Cigna Group (NYSE:CI) has reinitiated discussions to merge with Humana Inc. (NYSE:HUM), potentially creating a giant in the sector. Talks, previously stalled over pricing disagreements, have resumed with a focus on a transformative consolidation that could reshape market dynamics. According to a Bloomberg report on Friday, the early talks about the merger would significantly expand Cigna’s footprint in Medicare Advantage alongside its commercial insurance prowess while leveraging Humana’s strong Medicare segment. Also: US Federal T…