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Insurance

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Hy-Vee partners with Boston tech company to launch PBM subsidiary

Hy-Vee Inc. announced today the launch of its newest subsidiary, Vivid Clear Rx. The new subsidiary will offer pharmacy benefit management services to Hy-Vee’s more than 88,000 employees as well as to other employers. “Health care …

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Iowa companies show stock-price strength in November

The month of November brought record highs to the S&P 500 and Nasdaq, along with the Dow Jones Industrial Average, which marched above 30,000 for the first time ever. Election outcomes and positive COVID-19 vaccine …

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Digital agency Bestow acquires closed-out Wells Fargo insurer in Des Moines

Bestow, a digital life insurance agency based in Dallas, Texas, announced Tuesday it has entered into a definitive agreement to acquire Centurion Life Insurance Co., an inactive Des Moines-based life insurance subsidiary of Wells Fargo …

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Global Insurance Symposium schedules for April; format remains TBD

The Global Insurance Symposium announced its 2021 conference will be held on April 26-28. This event will host insurance professionals from around the world and will feature an extensive slate of dynamic panel discussions led …

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Brookfield closes on $336.9 million investment with American Equity

American Equity Investment Life Holding Co. announced Monday that it has closed an initial equity investment with Brookfield Asset Management as part of a previously announced strategic partnership. Brookfield acquired 9,106,042 shares at $37 per share; with …

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Homesteaders Life offers free video resource for funeral professionals

Homesteaders Life Co. is offering a free video download to help funeral professionals host virtual holiday memorial services. The video, created by grief expert Jason Troyer, is called “Grieving During the Holidays” and features a …

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Deere closes out tough year, forecasts improving conditions for 2021

Deere & Co. reported net income of $757 million for Its fourth quarter ended Nov. 1, or $2.39 per share, compared with net income of $722 million, or $2.27 per share, for the same quarter …

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Research: Longer life spans a double-edged sword for retirees

New research from Principal Financial Group explores the implications that longer life spans will have for Americans’ retirement strategies. 

According to the white paper “Lifetime Income to Support Longer Life: Retirement Innovation and the New Age …

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A Closer Look: Anant Bhalla

Shortly after the historically destructive high winds of the derecho struck Central Iowa on Aug. 10, Anant Bhalla witnessed his team at American Equity Investment Life Holding Co. in some of  its finest hours. 

 The …

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Guest opinion: Would having more ‘Blues’ make us happier?

Many of you residing in Iowa reading this post are probably covered by a Blue Cross and Blue Shield health insurance policy. Most likely your health plan is insured by Iowa-based Wellmark Inc. or Wellmark …