AABP EP Awards 728x90

Insurance

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West Bancorporation reports second quarter earnings

West Bancorporation Inc., the parent company of West Bank, today reported second quarter 2022 net income of $12.7 million, or 75 cents per share, compared to second quarter 2021 net income of $13.2 million, or 79 cents …

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Kohlsdorf elected president-elect of National Association of Health Underwriters

Eric Kohlsdorf, owner and president of Prisma Strategies in Des Moines, was recently elected to a one-year term as president-elect of the National Association of Health Underwriters. With more than 100,000 members, NAHU is a …

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Equitable to pay $50M to variable annuity investors in SEC settlement

Equitable Financial Life Insurance Co. has agreed to pay $50 million to investors to settle charges by the U.S. Securities and Exchange Commission that it provided misleading account statements to about 1.4 million of its variable annuity …

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United Fire Group names Leidwinger president and CEO

United Fire Group Inc. has named Kevin Leidwinger as its new president and CEO. Leidwinger, an insurance executive with more than 30 years in the industry, most recently was president and chief operating officer of CNA Commercial …

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Study: Consistent 401(k) participation yields 6-figure balances for majority

A new study from the Investment Company Institute and the Employee Benefit Research Institute released Friday finds that participants who consistently participated between 2010 and 2019 accumulated sizable 401(k) plan account balances. The trend in …

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Dempsey leaves Transamerica Financial to head sales for Integrity Marketing

Integrity Marketing Group LLC, a Dallas-based distributor of life and health insurance and provider of wealth management and retirement planning services, announced that Tom Dempsey will join its executive team as chief distribution officer. Dempsey has more …

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Principal Retirement Security Survey indicates ‘reset’ in priorities

American workers are hitting the reset button on their retirement priorities, replacing dreams of a lavish retirement with simpler goals of maintaining the current standard of living amid ongoing market volatility and inflationary pressures, according …

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Report: Number of investment advisory firms increased 6.7% in 2021

Registered investment advisers continue to thrive, with more of them managing more assets than ever, according to a report released Thursday, Investment News reported. The study, Investment Adviser Industry Snapshot 2022, shows there were a total of …

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Wealth Enhancement Group to acquire North Liberty-based advisory firm

Minneapolis-based Wealth Enhancement Group, an independent wealth management firm that operates a West Des Moines office, this week announced plans to acquire Hawkins Wealth Management, an independent registered investment advisory firm with offices in North Liberty, Iowa, …

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Workiva study finds companies feel underprepared to navigate ESG reporting

Workiva Inc. has released results of a new global survey that examined 1,300 organizations’ current processes, collaboration and confidence in their environmental, social and governance reporting. Nearly two-thirds of senior decision-makers reported feeling underprepared to meet their …