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Insurance

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EMC earnings up in third quarter

EMC Insurance Group Inc. today reported operating income of $6.3 million for the third quarter, compared with $2.5 million for the third quarter of 2014. Net income, including realized investment gains and losses, totaled $11.2 …
By BPC Staff | Nov 6, 2015
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Workiva revenue rises, but so does red ink

Workiva Inc.’s third-quarter revenue was 30 percent higher than a year ago. However, the Ames-based creator of a cloud-based productivity platform also saw higher losses. The company’s operating loss was $14.3 million, up from $12.6 …
By BPC Staff | Nov 6, 2015
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Study: Workers fear rising price of health insurance

Two-thirds of U.S. workers report satisfaction with the health coverage currently available to them, yet concern about the future affordability of those benefits is rising dramatically, according to a new survey by Mercer.


Only 41…
By BPC Staff | Nov 6, 2015
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Nationwide’s year-to-date sales up $1.5 billion

Nationwide Mutual Insurance Co. today reported total operating revenue of $19.5 billion for the first three quarters of 2015, up 3 percent over the same period in 2014.


Total sales of $31 billion across all…
By BUSINESS RECORD STAFF | Nov 5, 2015
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American Equity annuity sales up 70 percent in third quarter

American Equity Investment Life Holding Co. reported third quarter 2015 net income of $97.3 million, or $1.19 per share, compared with a third quarter 2014 net income of $67.8 million, or 85 cents per share. …
By BPC Staff | Nov 5, 2015
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MyRA starter retirement accounts now available nationwide

MyRA, the Obama administration’s free, guaranteed-return starter retirement account, launched nationwide on Wednesday, Bloomberg reported.


The government-backed plan is an option for the tens of millions of U.S. workers whose employers don’t offer a retirement savings…
By BPC Staff | Nov 5, 2015
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FBL Financial reports third-quarter earnings

FBL Financial Group Inc. today reported net income for the third quarter of 2015 of $26.7 million, or $1.06 per share, down from $30.2 million, or $1.21 per share, for the third quarter of 2014. …
By BPC Staff | Nov 4, 2015
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Iowa stock index back to positive territory in Oct.

Iowa’s stock index shook off losses in September with a gain of 5.79 percent in October, according to the unweighted average price of the 22 Iowa-based public companies we track.

All but five of the…
By PERRY BEEMAN | Nov 2, 2015
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SEC approves equity crowdfunding rules

After a delay of more than three years, the Securities and Exchange Commission on Friday issued a set of final rules for equity crowdfunding, which will allow small investors to receive shares of a private…
By BUSINESS RECORD STAFF | Nov 2, 2015
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West Bank revenues and profits up in third quarter and for the year

West Bancorporation Inc. reported its best third quarter since its founding 122 years ago, with net income of $5.4 million, or 34 cents per share, up from $5.1 million, or 32 per share, for the …
By BPC Staff | Oct 30, 2015