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Insurance

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NOTEBOOK – ONE GOOD READ: Five years of managed care in Iowa: State says Medicaid has stabilized, but patients disagree

Years after privatization, there’s still a deep divide in Iowa when it comes to the state’s Medicaid program, the Cedar Rapids Gazette reports. Five years ago, Iowa turned the state-run program private. The leaders of the program …

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F&G’s financial institutions channel surpasses $1B in sales in less than a year

F&G, a leading provider of annuities and life insurance based in Des Moines, announced that the company has surpassed $1 billion in sales in its financial institutions channel, less than one year after launching that sales …

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United Fire Group reports first-quarter earnings

Cedar Rapids-based United Fire Group Inc. reported consolidated net income, including net realized investment gains and changes in the fair value of equity securities, of $18.7 million, or 74 cents per share, for the quarter ended March …

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Centivo partners with MercyOne to offer coverage option for self-funded employers

Centivo, a new virtual accountable care organization health plan targeting self-funded employers, announced it will enter the Iowa market through a partnership with MercyOne health system. The health plans, which will be available for self-funded employers with a …

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D.M.’s Abel is likely to be Warren Buffett’s successor at Berkshire Hathaway

New York Times: For years, perhaps the biggest question that Warren Buffett has faced is who is in line to replace him as chief executive of Berkshire Hathaway, the conglomerate he built into a $631 billion …

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FBL Financial swings into the black following year-ago net loss

FBL Financial Group Inc. on Monday reported first-quarter net income of $27.7 million, or $1.13 per diluted common share, compared with a net loss of $2.5 million, or 10 cents per diluted common share, for the …

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Lawsuit ‘pierces corporate veil’ of John Krohn’s investment companies

Spotlight Innovation, a startup pharmaceutical technology investment firm controlled by two Iowa businessmen — along with several other enterprises launched by the partners over the past several years — is part of a “mere sham” …

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Lawsuit ‘pierces corporate veil’ of John Krohn’s investment companies

Spotlight Innovation, a startup pharmaceutical technology investment firm controlled by two Iowa businessmen — along with several other enterprises launched by the partners over the past several years — is part of a “mere sham” …

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FBL, Farm Bureau P&C sweeten merger deal to $61 per share

Farm Bureau Property & Casualty Insurance Co. and FBL Financial Group, Inc. today announced that they have agreed to amend their previously announced definitive merger agreement, sweetening the deal for unaffiliated shareholders by another $47 million. The …

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FBL Financial extends contested merger vote to May 21

Shareholders of FBL Financial Group Inc. will have about another three weeks to consider how to vote on a merger proposal to take the company private.

Shareholders who convened for a special meeting this morning …