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State Treasurer Michael Fitzgerald announced that the College Savings Iowa 529 plan is reducing its fees by 5% effective Feb. 1, the eighth fee reduction in 15 years. “As the program continues to grow, we’ve been able …
American Financial Group Inc. on Wednesday announced it had agreed to sell its annuity business to Massachusetts Mutual Life Insurance Co. in a $3.5 billion cash deal. The acquisition will deliver new ways for MassMutual, one of …
West Bancorporation Inc., the publicly traded parent company of West Bank, today reported 2020 net income of $32.7 million, or $1.98 per diluted common share, compared with 2019 net income of $28.7 million, or $1.74 per diluted …
Corridor Business Journal: Raytheon Technologies Corp. reported better than expected fourth-quarter earnings this morning, although its Collins Aerospace division continued to struggle amid ongoing tumult in the passenger aircraft industry. Raytheon announced earnings of 74 cents …
Homesteaders Solutions Group, a recently launched subsidiary of Homesteaders Life Co. in West Des Moines, has hired Michelle Hartley as senior business development manager. Hartley brings nearly three decades of experience in preneed, insurance, client services and …
American Equity Investment Life Holding Co. has named Tolga Uzuner as chief investment officer for asset management of American Equity. Uzuner will be responsible for executing the company’s alpha asset strategy and building its subsidiary …
Farm Bureau Property & Casualty Insurance Co. and FBL Financial Group today announced that they have reached a definitive agreement under which Farm Bureau Property & Casualty (FBPCIC) will acquire all of the outstanding shares …
St. Louis-based health insurer Centene Corp. announced it will buy pharmacy benefit manager Magellan Health for $2.2 billion, CNBC reported. The planned acquisition, announced by the companies on Monday, would expand Centene’s mental health support capacity at a time …
GuideOne Mutual Insurance recently filed an application with the Iowa Insurance Division to reorganize from a domestic mutual insurance company to a stock insurance company. The application, if approved by Iowa’s insurance commissioner, would provide …
Radio Iowa: Boosted by more people heading into the great outdoors during the pandemic, Winnebago Industries started its new fiscal year strong. The Forest City-based outdoor lifestyle manufacturer reported first-quarter net income of $57.4 million, an …
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