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Insurance

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Lessons learned from the accelerator

As head of the Global Insurance Accelerator in Des Moines, Brian Hemesath fosters connections between technology startups from around the world that have great ideas for insurance applications with industry mentors interested in partnering with …

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American Equity reports fourth-quarter, year-end earnings

American Equity Investment Life Holding Co., a leading issuer of fixed index annuities, on Wednesday reported fourth-quarter 2015 net income of $33.8 million, or 40 cents per share, compared with $31.2 million, or 39 cents …

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Nasdaq on verge of bear market

Tech stocks Amazon.com Inc., Netflix Inc. and Tesla Motors Inc. are all of a sudden struggling, CNNMoney reports.


All three stocks are down at least 23 percent this year. Other tech stocks have fared far worse.…
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EMC’s Kelley on Hot 100 list

A Des Moines insurance executive Bruce Kelley, president, CEO and treasurer of Des Moines-based EMC Insurance Group Inc., is on Insurance Business America magazine’s Hot 100 list. The annual report features 100 power players who …

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‘Visionary’ leader David Hurd remembered

After the death of a prominent community member over the weekend, Des Moines is left with the absence of a man known for his generosity and support of the city, The Des Moines Register reported.


Former…
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‘Visionary’ leader David Hurd remembered

After the death of a prominent community member over the weekend, Des Moines is left with the absence of a man known for his generosity and support of the city, The Des Moines Register reported.


Former…
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12.7 million enroll for health coverage through Obamacare exchanges

Around 12.7 million individuals bought health insurance through the Affordable Care Act’s exchanges during this year’s open enrollment period, the third held under Obamacare, the Washington Business Journal reported.


Of the 9.6 million who enrolled in…
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Lee Enterprises profit rises, revenue down

Revenue slid by 5 percent in the first quarter for Davenport-based Lee Enterprises Inc., parent of the Quad-City Times and the St. Louis Post-Dispatch, the St. Louis newspaper reported. Total operating revenue for the period ended Dec. …

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Principal reports fourth-quarter, full-year earnings

Principal Financial Group Inc. on Monday reported operating earnings of $303.2 million for the fourth quarter, compared with $324 million for the fourth quarter of 2014, as it announced quarterly and full-year results for 2015. …

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EMC Insurance issues higher earnings guidance

EMC Insurance Group Inc. today announced improved guidance for its 2015 operating earnings, due to below-average catastrophe and storm losses and improved premium rate adequacy. The Des Moines-based property and casualty insurer said it expects …