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Insurance

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EMC announces plans for downtown pocket park at former Younkers site

EMC Insurance Cos. today announced plans for a new park at 701 Walnut St. in downtown Des Moines, the site of the former Younkers department store.

“EMC is committed to downtown and is excited to …

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Athene Holding to acquire U.K. mortgage lending company

Athene Holding Ltd. announced that it has entered into a definitive agreement to acquire Foundation Home Loans, a specialist U.K.-based mortgage lender, from funds managed by affiliates of Fortress Investment Group LLC. As of June 2021, FHL …

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Principal survey: Auto enrollment key to saving earlier for retirement

Despite evidence of the effectiveness of automatic enrollment in helping employees to begin saving earlier for retirement, only one-third of companies with retirement plans offer auto enrollment, according to new research from Principal Financial Group.…

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Centivo-MercyOne venture provides competition for HealthPartners UnityPoint

Iowa employers will have additional health insurance options for their staff members to consider when choosing benefits options this year. 


Centivo, a virtual health plan that has been partnering with health care systems across the …

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Contributors to health cost sharing ministries eligible to apply for restitution

The Iowa Insurance Division is notifying Iowa residents who paid premiums or contribution payments to certain health care cost sharing ministries that they are eligible for restitution through an order filed by Iowa Insurance Commissioner Doug …

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Stocks down in June; majority of Iowa companies negative

Five of the 17 Iowa-based companies on the Business Record’s Iowa Index posted stock price gains for the month of June. Only two companies posted double-digit percentage gains. Twelve Iowa-based stocks posted losses, with two …

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HealthPartners UnityPoint Health to launch new small-group health plan options

HealthPartners UnityPoint Health announced it will start offering fully insured health insurance plans to businesses and organizations with fewer than 50 employees. HPUPH, a joint venture between Minnesota-based HealthPartners and Iowa-based UnityPoint Health, will roll out …

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Three women ascend to key leadership roles at Holmes Murphy

Waukee-based insurance brokerage Holmes Murphy announced that it has promoted three of its female leaders into key leadership roles in the firm.

Effective July 1, Ellen Willadsen, the company’s chief financial officer for the past 10 …

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General Mills reports drop in fourth-quarter earnings

Corridor Business Journal: General Mills, which operates a cereal plant in Cedar Rapids, reported a drop in net earnings and earnings per share in its latest fiscal quarter ended June 30, reflecting a lower consumer demand …

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Principal increasing shareholder payments amid cuts to insurance, retirement businesses

Des Moines Register: Executives at Des Moines-based Principal Financial expect to increase payments to shareholders as the company sells off some of its traditional lines of business. Company leaders said during a presentation Tuesday that they …