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Insurance

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City of Des Moines considering buying mostly vacant downtown office building, parking garage for $40.6 million

The city of Des Moines would purchase property owned by Nationwide Mutual Insurance Co. at 1200 Locust St. and a parking garage under a proposal that will be considered by the City Council on Monday. Photo …
By KATHY A. BOLTEN | Sep 9, 2022
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Wellmark partners with UnityPoint Health for new marketplace health plans

Wellmark Blue Cross and Blue Shield and UnityPoint Health are announcing several new affordable health plan options for individuals and families who buy their own health insurance. Pending approval from the Centers for Medicare & …
By BPC Staff | Sep 8, 2022
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Farmers Mutual Hail hires Walker as chief brokerage officer

Farmers Mutual Hail Insurance Co. of Iowa announced that Brent Walker has been hired in the new position of chief brokerage officer, effective immediately. The West Des Moines-based crop insurance coverage made the hire to establish a …
By BPC Staff | Sep 7, 2022
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F&G nears $5B in institutional market sales, boosted by pension transfers

Des Moines-based F&G Annuities & Life Inc. recently closed two significant pension risk transfer transactions that have propelled the company’s institutional market sales to nearly $5 billion since that product channel’s launch by F&G just …
By BPC Staff | Sep 2, 2022
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Mutual Med becomes part of BenefitMall — which is merging with CRC Group

BenefitMall, a leading insurance brokerage firm based in Dallas, has acquired Mutual Med, a Davenport-based insurance distributor that provides sales counseling and support for benefits agents serving large groups, small groups and individuals. In early August, BenefitMall also …
By BPC Staff | Sep 2, 2022
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Flexsteel rejects takeover proposal by CSC Generation Holdings

Dubuque-based Flexsteel Industries Inc. today announced that its board of directors, in consultation with its independent financial and legal advisers, has unanimously rejected an unsolicited, preliminary nonbinding proposal from CSC Generation Holdings Inc. to acquire Flexsteel for …
By BPC Staff | Sep 1, 2022
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Iowa Medicaid to add Molina Healthcare of Iowa as third MCO

The Iowa Department of Health and Human Services announced the intent to award Medicaid managed care contracts to Amerigroup Iowa and Molina Healthcare of Iowa. Iowa Total Care, which with Amerigroup Iowa has held the Medicaid …
By BPC Staff | Aug 31, 2022
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Four leaders to be inducted into Iowa Insurance Hall of Fame

The Iowa Insurance Hall of Fame has announced this year’s inductees, who will be honored in an induction ceremony scheduled for Oct. 18 in Altoona. This is the 25th year of the Iowa Insurance Hall of Fame.…
By BUSINESS RECORD STAFF | Aug 30, 2022
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Gunderson joins ManchesterStory as investment principal

ManchesterStory Fund Management announced that Nicole Gunderson has joined the Des Moines-based venture capital firm as a principal on its investment team. Gunderson most recently was managing director of the Global Insurance Accelerator in Des Moines, a position …
By BUSINESS RECORD STAFF | Aug 29, 2022
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Care Initiatives, Accura partner with American Health Plans for coordinated care

Two operators of long-term care facilities in Iowa — Care Initiatives and Accura Healthcare — have formed a partnership with American Health Plans, the companies announced Tuesday. The partnership, which will be implemented in 65 facilities across the state, will give …
By BPC Staff | Aug 24, 2022
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