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Insurance

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GuideOne leadership transition comes while discrimination complaint ongoing

Business Record photo

GuideOne Insurance Co. announced Wednesday that it has named its new CEO. The change comes as the company faces a former senior vice president’s discrimination complaint in which he alleges the former …
By JOE GARDYASZ | Jun 16, 2022
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BlockFi Lending fined $943,000 by Iowa as part of $50M multistate settlement

Iowa Insurance Commissioner Doug Ommen recently issued a consent order against BlockFi Lending LLC, after BlockFi offered and sold securities in Iowa that were not registered or permitted for sale in the state as well as offering …
By BPC Staff | Jun 14, 2022
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Breeze partners with Principal on individual disability platform

Breeze, an Omaha-based insurtech serving the disability insurance market, announced it has added an individual disability insurance product from Principal Financial Group to its portfolio. The new integration, built onto Breeze’s proprietary application programming interface, …
By BPC Staff | Jun 10, 2022
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Holmes Murphy names Leith as chief strategic investment officer

Quinton Leith has joined Waukee-based Holmes Murphy as the company’s chief strategic investment officer. In this newly created role, Leith will be responsible for evaluating existing relationships while reviewing the insurance brokerage’s geographical footprint to determine underserved …
By BPC Staff | Jun 10, 2022
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Casey’s stock price drops with high gas prices, predictions of slowing growth

Des Moines Register: Casey’s General Stores shares slipped today as executives predicted some customers will drive less because of high gas prices, slowing the company’s growth. Leaders of the Ankeny-based chain said they expect fuel sales …
By BPC Staff | Jun 8, 2022
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Kwik Star adding Bitcoin ATMs to 800 locations nationwide

Corridor Business Journal: Installation is underway at Kwik Star to add Bitcoin ATMs at more than 800 locations across Iowa and the Midwest due to a partnership with Coinsource, a Bitcoin ATM network. The announcement is …
By BPC Staff | Jun 7, 2022
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Majority of Iowa stocks post gains in May

Ten of the 16 Iowa-based companies on the Business Record’s Iowa Index posted stock price gains for the month of May, one being a double-digit percentage gain. Six Iowa-based stocks posted losses; two posted double-digit …
By JOHN RETZLAFF | Jun 6, 2022
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First-quarter indexed annuity sales up 14.5% year over year

Indexed annuity sales for the first quarter were $16.6 billion; down 1.6% when compared with the previous quarter, but up 14.5% when compared with the same period last year, according to data released Thursday by …
By BPC Staff | May 27, 2022
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Iowa Supreme Court ruling in EMC shareholder case upholds director shield protections

The Iowa Supreme Court today issued a decision in favor of EMC Insurance Cos. in a class action suit brought by a shareholder who alleged the company’s directors abdicated their fiduciary duties by agreeing to …
By JOE GARDYASZ | May 27, 2022
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Connectify HR to sponsor new health plan through HealthPartners UnityPoint Health

Connectify HR, a Des Moines-based professional employer organization launched last year, announced it has selected HealthPartners UnityPoint Health as its health insurance provider and is sponsoring a new health plan for small to midsize businesses …
By BPC Staff | May 26, 2022