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Insurance

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Life and annuity company F&G to go public through stock dividend to FNF shareholders

Fidelity National Financial Inc., a title insurance company, today announced its intention to distribute a dividend of 15% of the common stock of its wholly owned subsidiary F&G Annuities & Life Inc., which is based in Des …
By BPC Staff | Mar 16, 2022
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Iowa investment company concealed conflicts of interest, SEC says

Des Moines Register: An Iowa-based investment firm failed to inform clients for years that it was steering their money into investments that generated extra money for the company but may not have been as advantageous to …
By BPC Staff | Mar 14, 2022
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Wells Fargo provides $1.5 million grant to How Women Lead for venture fund

Wells Fargo today announced new resources designed to help increase the growth of female-owned small businesses, including a $1.5 million grant to How Women Lead. The San Francisco-based banking company said the initiative is “aimed …
By BPC Staff | Mar 10, 2022
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Casey’s reports higher earnings, sales in third quarter

Casey’s General Stores Inc., headquartered in Ankeny, announced its third-quarter financial results. Highlights from the quarter that ended Jan. 31 include:

Diluted earnings per share of $1.71, up 64% from the same period a year…
By BPC Staff | Mar 9, 2022
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Majority of Iowa stocks continue losses into February

Twelve of the 15 Iowa-based companies on the Business Record’s Iowa Index posted stock price losses for the month of February, two being double-digit percentage losses. Three Iowa-based stocks posted gains.

Renewable Energy Group Inc. …
By JOHN RETZLAFF | Mar 9, 2022
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Principal ranks 7th on Barron’s 100 Most Sustainable Companies list

Principal Financial Group was named one of Barron’s 100 Most Sustainable Companies (subscription required), with a ranking of No. 7 — a jump of 59 spots from its 2021 ranking. The Des Moines-based financial services company was …
By BPC Staff | Mar 4, 2022
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Hedge fund loses lawsuit in Lee Enterprises takeover fight

Associated Press: A judge has cleared the way for newspaper publisher Lee Enterprises to use a voting system that will ensure two longtime directors are reelected at next month’s annual meeting despite the objections of a …
By BPC Staff | Feb 28, 2022
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Principal completes integration of Wells Fargo’s trust and custody business

Principal Financial Group has completed the integration of Wells Fargo’s trust and custody business, effective Tuesday, the final step of the larger integration of Wells Fargo’s retirement business that Principal announced in August 2021. With the integration, …
By BPC Staff | Feb 23, 2022
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Wakonda Club, other restaurants ask court to hold insurers liable for COVID losses

Des Moines Register: Two cases before the Iowa Supreme Court could decide whether Iowa restaurateurs are in line for millions of dollars to compensate them for business lost in the first months of the COVID-19 pandemic. …
By BPC Staff | Feb 23, 2022
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Principal hires new compliance, investor relations leaders

Principal Financial Group announced two new leadership hires within its compliance and investor relations operations. On Monday, Noreen Fierro (upper photo) joined Principal as senior vice president, chief compliance officer, overseeing all regulatory compliance operations for the …
By BPC Staff | Feb 22, 2022