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Insurance

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Survey: Uninsured rate drops to 5 percent in Iowa

The percentage of Iowans without health insurance has been cut nearly in half in the past two years, according to new survey information released by Gallup. Just 5 percent of Iowans were uninsured in the…
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Lee Enterprises posts third-quarter profit

Davenport-based Lee Enterprises Inc., a publisher of 46 daily newspapers across the country, reported third-quarter net income of $1.9 million, or 3 cents per share. This compares with a loss of $9.7 million, or 19 …

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Retirement plans and commercial lines boost Nationwide in first half

Nationwide Mutual Insurance Co. reported net income of $875 million on total revenues of $13 billion for the first half of the year, according to a release. Revenues were up 5 percent from same period …

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EMC reports gains in operating income, profits

EMC Insurance Group Inc. had operating income of $6.6 million, or 32 cents per share, in the second quarter, compared with an operating loss of $509,000, or 3 cents per share, for the second quarter …

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FBL Financial earnings up 13% in second quarter

FBL Financial Group Inc. on Tuesday reported second-quarter net income of $32.4 million, or $1.29 per share, a 13 percent increase from the $28.6 million, or $1.14 per share, reported for the second quarter of …

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American Equity announces stock offering

American Equity Investment Life Holding Co. announced Tuesday it has commenced an underwritten public offering of 8.6 million shares of common stock, half of which will be subject to a forward sale agreement. In conjunction …

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Feds may have to write off CoOportunity loans

The federal government may be out more than $140 million in loans it made to the failed CoOportunity Health, according to a court filing made on Friday, the Des Moines Register reported. The company’s debts also include …

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JLL reports record second-quarter fee revenues

Jones Lang LaSalle Inc. (JLL) today reported adjusted earnings per share of $2.01, up from $1.68 in the prior year, and record second-quarter fee revenues of $1.2 billion, up 17 percent from the year-ago quarter. …

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New York Life seeks to hire 16 agents locally

New York Life’s Des Moines General Office is seeking to increase its field force by adding 16 new agents in 2015, the company announced recently. Edward Meracle, managing partner of the Des Moines office, said …

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Meta Financial reports gain in net income

Meta Financial Group Inc. reported fiscal 2015 third-quarter net income of $4.6 million, or 66 cents per share, compared with $4.2 million, or 68 cents per share, for the prior third quarter. Fiscal year-to-date net income …