AABP EP Awards 728x90

Insurance

DSC 6869

American Equity makes $1B investment in Monroe Capital’s technology lending platform

American Equity Investment Life Holding Co., based in West Des Moines, announced Thursday it has made a $1 billion investment in a dedicated technology lending platform developed by Monroe Capital LLC, a Chicago-based boutique asset management firm …

DSC 6869

American Equity provides financing for Pretium’s acquisition of Anchor Loans; buys $1B in loans

American Equity Investment Life Insurance Co., an issuer of annuities based in West Des Moines, announced today it provided financing and capital support for Pretium, a specialized investment management firm with approximately $30 billion in assets, in …

DSC 6869

Holmes Murphy spins off SPH search platform to Coupe Health

Minnesota-based Coupe Health LLC has purchased SPH LLC, formerly known as SimplePay Health, from insurance brokerage Holmes Murphy & Associates, the companies announced. Launched by Holmes Murphy in 2018, SPH is an alternative health care product for …

DSC 6869

West Bancorporation reports higher third-quarter net income

West Bancorporation Inc., the West Des Moines-based parent company of West Bank, today reported third quarter 2021 net income of $12.7 million, or 76 cents per share, compared with third quarter 2020 net income of $8.1 million, …

DSC 6869

HNI reports revenue increases in third quarter, expects continued sales growth

HNI Corp. reported third-quarter sales of $586.7 million and net income of $19.2 million for the quarter that ended Oct. 2. Net income was 43 cents per share in the latest quarter, compared to 71 cents in …

DSC 6869

Holmes Murphy hires chief analytics officer

Jeffrey Austin White has joined Holmes Murphy as chief analytics officer, the Waukee-based insurance brokerage announced. He has nearly three decades of experience focused on strategic investments in talent and technology. In this new role for …

DSC 6869

Preview rates for ACA individual health plans available; open enrollment begins Nov. 1

Open enrollment for Iowans purchasing or changing their Affordable Care Act individual health coverage for 2022 will begin on Nov. 1 and run through Jan. 15, the Iowa Insurance Division announced. Iowans shopping for individual …

DSC 6869

Wells Fargo net income up 59% as bank releases $1.65B in credit loss reserves

Wells Fargo today posted a jump in profit in the third quarter, boosted by a release of its credit loss reserves as the recovery from the coronavirus pandemic accelerated in 2021, CNBC reported. Third-quarter net income rose …

DSC 6869

NOTEBOOK – ONE GOOD READ: Index funds revolutionized finance — but at what cost?

Index funds have become such a ubiquitous tool for investors that it’s easy to forget that they’re a relative newcomer on the financial scene. Here’s a good summary — a good read in itself — …

DSC 6869

HealthPartners UnityPoint Health awarded 5-star rating for Medicare Advantage plans

HealthPartners UnityPoint Health’s Medicare Advantage plans have been awarded five-star ratings from the Centers for Medicare and Medicaid Services for 2022. The top rating from CMS places HealthPartners UnityPoint Health as one of the highest-rated Medicare …