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Insurance

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Nationwide assessed $8 million penalty by SEC

Nationwide Life Insurance Co. will pay an $8 million penalty to the Securities and Exchange Commission after the agency found that the insurer deliberately delayed receipt of variable annuity and life insurance policy orders, resulting …

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Global Insurance Accelerator: ClinicNote

IN A NUTSHELL:

Three Iowa State University graduate students are developing a software tool to help speech pathologists more easily file patient progress reports needed for continued health insurance coverage.

 

ABOUT THE BUSINESS:

Tyler …

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How the shifting health insurance landscape is affecting your company – and insurers

As Iowa employers and health insurers put the first quarter of 2015 in the rearview mirror, both are still plagued with uncertainty around the Affordable Care Act’s requirements and the increasingly high costs of offering …

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Minneapolis-based Medica to enter Iowa health insurance market

Iowans will have a new option for health insurance coverage in the individual market next year with the entry of Medica Health Plans, a Minneapolis-based regional health insurer that serves the Upper Midwest.

 

Medica …

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What type of impact could Medica have in Iowa?

 

An executive with Medica Health Plans, which announced May 14 it’s entering the Iowa individual insurance market, talked with the Business Record about the volatility the Minnesota company has seen – both up and …

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American Republic renovation gets nearly $9 million in historic tax credits

The $34 million renovation of the iconic American Republic Insurance Co. headquarters at 601 Sixth Ave. in Des Moines was awarded more than $8.6 million in state historic tax credits Wednesday, one of six projects …

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DuPont defeats Trian bid for change

DuPont Co. defeated the campaign by Nelson Peltz and his Trian Fund Management LP to land seats on the chemical giant’s board, dealing a landmark setback to one of the most influential activist investment firms, the Wall Street Journal …

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Is your money keeping up with your career? Find out May 19

The Iowa chapter of the International Association of Business Communicators will host financial planner Dennis Markway at its May 19 luncheon in Des Moines. Markway, president and founder of Iron Horse Wealth Management, will speak …

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Global Insurance Accelerator: Drive Spotter, Inc.

IN A NUTSHELL:

Drive Spotter Inc. is developing a technology product that will monitor commercial drivers’ alertness that will be marketed to property/casualty insurers as a safety incentive.

 

ABOUT THE BUSINESS:

Chris Augeri envisons …

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Wellmark seeks 28% increase for ACA plans

Significantly higher health claims costs last year among the portion of its members subject to the Affordable Care Act provisions have driven Wellmark Blue Cross and Blue Shield to seek a 28 percent average base …