AABP EP Awards 728x90

Insurance

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American Equity strikes deal with Adams Street Partners to enter private credit market

American Equity Investment Life Holding Co, a leading issuer of annuities based in West Des Moines, and Adams Street Partners, a global leader in private markets investments, announced they have reached an agreement to form …

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Eagle Life’s new head of sales will work remotely from South Carolina

Eagle Life Insurance Co., a subsidiary of American Equity Investment Life Insurance Co. in West Des Moines, has hired Bryan Albert as head of sales. Albert, who began the new role on Feb. 9, will manage all …

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Global Insurance Symposium to be held as hybrid event June 28-30

The Global Insurance Symposium announced its 2021 conference is now a hybrid event that will be held June 28-30. Attendees can participate virtually or in person at the Community Choice Credit Union Convention Center in …

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MidWestOne reports higher profit for fourth quarter, lower for full year

Corridor Business Journal: MidWestOne Financial Group Inc. reported net profit for the fourth quarter of 2020 of $16.7 million. That compares with a net loss of $19.8 million in the third quarter and a profit of …

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Meredith’s operating earnings more than double in fiscal Q2

Meredith Corp. recently reported second-quarter earnings from continuing operations of $149 million, more than double the comparable prior-year period. Fiscal 2021 second quarter cash flow from operations and free cash flow each more than doubled to $183 …

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Stocks mixed in January; Iowa companies mostly positive

Fourteen of the 18 Iowa-based companies on the Business Record’s Iowa Index posted stock price gains for the month. Five companies posted double-digit percentage gains. Only four Iowa-based stocks posted losses, all single-digit losses.


Renewable…
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Acquisition bolsters Lee’s first-quarter results

Quad-City Times: Media company Lee Enterprises of Davenport reported first-quarter operating revenue of $211.8 million, up from $122.3 million from a year ago, reflecting the purchase of Warren Buffet’s Berkshire Hathaway newspaper operations, BH Media and …

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Legacy Bridge names Fleming Halbrook as president

Legacy Bridge Private Family Offices in West Des Moines has hired Christine Fleming Halbrook, an experienced trust and estate planning attorney serving high-net-worth clients, as its new president. Halbrook has more than 12 years of experience …

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Limited additional ACA enrollment period to open Feb. 15

Iowans will have a new window to enroll for health insurance for 2021 on HealthCare.gov, but only for a limited time. On Thursday President Joe Biden signed an executive order for the U.S. Department of …

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Principal reports higher fourth-quarter, full-year earnings

Principal Financial Group posted solid fourth-quarter and full-year earnings on Thursday, with fourth-quarter net income of $472.6 million, compared with $300.9 million in the previous fourth quarter. For the 12 months ending Dec. 31, 2020, …