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Insurance

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EquiTrust Life majority stake acquired by Magic Johnson Enterprises

 

Magic Johnson Enterprises, the Los Angeles-based conglomerate founded by pro basketball legend Earvin “Magic” Johnson, on Tuesday announced the completion of its acquisition of a majority, controlling interest in EquiTrust Life Insurance Co.  …

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Foster Group named to CNBC Top 100 adviser list

Foster Group Inc., a West Des Moines fee-only investment adviser firm, was ranked No. 48 on CNBC’s list of Top 100 Fee-Only Wealth Management Firms. Foster Group, which was the only Iowa-based firm on the …

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West Des Moines insurance agency reorganizes, expands

BPW Insurance Group, a West Des Moines-based independent insurance agency specializing in personal and business insurance, has reorganized and changed the company name to Phillips Stafford Insurance Group. Brad Phillips, one of three founders of …

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Consumer Price Index rises slightly

The Consumer Price Index for All Urban Consumers increased 0.4 percent in May on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the past year, the index was unchanged before seasonal adjustment. …

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Young to host small-business health tax roundtable on Friday

Congressman David Young will join small-business owners in Des Moines on Friday for a roundtable discussion about the federal health insurance tax and its impact on Iowa small businesses and their employees. Young supports the …

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Six updates from the Global Insurance Accelerator

We stopped by to hear Global Insurance Accelerator managing director Brian Hemesath’s comments at Square One DSM’s StartUp Stories Wednesday. He discussed the status of the Global Insurance Accelerator, now that the first class of …

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A ‘tremendous’ fiscal year for Casey’s

Casey’s General Stores Inc. reported earnings per share of $4.62 for the fiscal year that ended April 30, up from $3.26 per share a year ago. “Fiscal 2015 was a tremendous year for Casey’s,” Chairman …

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Advisory firm changes name to Veridian Financial Advisors

The former Members Financial Services has announced a name change to Veridian Financial Advisors, along with a newly expanded menu of services. The firm has offered investments, retirement planning and 401(k) rollovers for more than …

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Moody’s affirms high rating for Pleasant Hill general obligation bonds

Moody’s Investors Service has affirmed the Aa3 rating for the city of Pleasant Hill’s $2.1 million general obligation corporate purpose bonds, Series 2015. The ranking is the fourth-highest ranking in Moody’s long-term corporation obligation rating. …

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Hey Fortune 500 CEO, what’s on your mind?

Fortune 500 CEOs anticipate substantial change over the next five years, idolize the leadership abilities of former President Ronald Reagan and pay scant attention to startups as a serious threat to their companies.

 

How …