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Insurance

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Wellmark plans 6 percent increase for longtime policyholders

Nearly 90,000 Iowans who bought individual health policies from Wellmark Blue Cross and Blue Shield prior to 2014 can expect much lower premium increases next year, The Des Moines Register reported. The proposed 6 percent increase for …

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Fitch affirms A-minus rating for Athene

Fitch Ratings has affirmed the “A-minus” Insurer Financial Strength ratings of Athene Holding Ltd.’s operating companies, including Athene Annuity & Life Assurance Co., Athene Annuity and Life Co. Athene Annuity & Life Assurance Company of …

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Casey’s reports record earnings for fiscal 2016

Casey’s General Stores Inc. said it recorded record earnings for the fiscal year that ended April 30, with earnings per share growing 24 percent to $5.73, compared with $4.62 last year. Fourth-quarter earnings were $1.19 …

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Iowa Index of stocks remains flat in May

A majority of the 36 Iowa stocks tracked by the Business Record fared well in May, ending the month with gains in their stock prices. Fourteen stocks’ values dropped during the month, compared with 11…
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Anbang withdraws application for Fidelity & Guaranty merger

Chinese insurer Anbang Insurance Group has withdrawn an application for regulatory approval of its $1.57 billion merger deal with Des Moines-based insurer Fidelity & Guaranty Life, amid requests for more financial information, U.S. News & World …

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Coventry seeks 23 percent premium increase

  Coventry Health Care of Iowa is proposing premium increases averaging 23 percent next year for Iowans who buy their own coverage rather than obtaining it through their employers, The Des Moines Register reported. The requested increase,…
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Suit accuses Wellmark of fraud, breach of contract

A Des Moines-based drug and alcohol treatment facility has filed a federal lawsuit against Wellmark Blue Cross and Blue Shield, accusing the health insurer of multiple counts of fraud and breach of contract.


The suit, filed by…
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Suit accuses Wellmark of fraud, breach of contract

A Des Moines-based drug and alcohol treatment facility has filed a federal lawsuit against Wellmark Blue Cross and Blue Shield, accusing the health insurer of multiple counts of fraud and breach of contract.


The suit, filed by…
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Analysis ranks top-performing Iowa stocks

Casey’s General Stores Inc. was the top-performing Iowa-based stock over the past five years, according to a recent analysis by financial technology company SmartAsset. Looking at the period between January 2011 and March 2016, SmartAsset’s …

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Survey: Millennials less likely to buy renters insurance

A new survey released by insuranceQuotes finds that millennials are most likely to rent their homes, but very few are covered by renters insurance. Sixty-six percent of 18- to 29-year-olds rent their homes, compared with …