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Insurance

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Insurers’ profits plummet in 2014 under Obamacare

New Patient Protection and Affordable Care Act programs and rules may have cut gross profit ratios at U.S. individual health insurance operations by more than 40 percent in 2014, LifeHealthPro reported.


The average gross operating profit…
By BUSINESS RECORD STAFF | Oct 16, 2015
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Winnebago revenues up, earnings down

Winnebago Industries Inc. today released earnings figures for its fiscal fourth quarter and full 2015 fiscal year. The Forest City-based manufacturer reported revenue for its fiscal fourth quarter ended Aug. 29 of $251 million, an …
By BPC Staff | Oct 15, 2015
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China’s economic outlook uncertain as imports slump

China’s exports fell less than expected in September, with monthly figures showing recovery, but a sharper fall in imports left economists divided over whether the country’s ailing trade sector is showing signs of turning around, Reuters…
By BUSINESS RECORD STAFF | Oct 13, 2015
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Market soars, analysts yawn

While the Standard & Poor’s 500 climbed 3.3 percent last week for its biggest weekly gain of the year, some analysts weren’t dazzled, MarketWatch reported.The best-performing industry groups since Sept. 28 have included energy, materials and …
By BPC Staff | Oct 12, 2015
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Insurance commissioner: No change sought in small group definition

The definition of small groups for health insurance coverage in Iowa will remain the same under the current state law at 50 employers or fewer, following passage this week of federal legislation that overturned an …
By BPC Staff | Oct 9, 2015
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Report: Health providers charge sky-high out-of-network fees

Many patients receiving care from out-of-network providers or specialists in Iowa face exorbitant charges for medical services, according to a new report from America’s Health Insurance Plans, a national trade association representing insurers.


Health plans…
By BUSINESS RECORD STAFF | Oct 9, 2015
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SBA backed $2.7 million in Central Iowa loans in September

The U.S. Small Business Administration in September backed $2.7 million in private loans to 16 Central Iowa businesses that pledged to create 81 jobs and retain 147.

The loans were in Polk, Story, Boone, Dallas,…
By BUSINESS RECORD STAFF | Oct 8, 2015
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DuPont CEO’s departure sets off debate over possible split

A board member known for his experience in breaking up companies has taken over as DuPont Co. CEO Ellen Kullman prepares to leave the company on Oct. 16, fueling speculation of a company breakup and…
By BPC Staff | Oct 7, 2015
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American Equity founder’s $1.5 million gift funds Drake learning center

Drake University on Friday will dedicate a new state-of-the-art collaborative learning space provided through a $1.5 million gift from David Noble, founder of West Des Moines-based American Equity Investment Life Holding Co.


The David J.…
By BUSINESS RECORD STAFF | Oct 6, 2015
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DuPont CEO steps down

DuPont Co., which has been in an ongoing battle with activist Nelson Peltz to boost the company’s stock price, announced Monday that CEO Ellen Kullman will retire.


DuPont said Kullman will retire on Oct. 16…
By BUSINESS RECORD STAFF | Oct 6, 2015