AABP EP Awards 728x90

Insurance

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FNF reports initial quarterly earnings with FGL in its fold

Fidelity National Financial Inc., a Jacksonville, Fla.-based title insurance company that acquired FGL Holdings earlier this year, reported consolidated second quarter financial results that include one month of FGL earnings for the period ended June 30. Fidelity …
By BPC Staff | Aug 5, 2020
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Majority of Iowa stocks down in July

July was a good month for the stock market overall. Most major indexes finished in positive territory with the S&P 500 now positive on the year. Market uncertainty still looms due to higher COVID-19 case…
By JOHN RETZLAFF | Aug 4, 2020
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Heartland Retirement Group becomes part of Integrity

Dallas-based Integrity Marketing Group LLC, the nation’s largest independent distributor of life and health insurance products, recently acquired Heartland Retirement Group in Des Moines. As part of the transaction, Heartland’s CEO, Tyler Lainson, will become an owner …
By BPC Staff | Aug 3, 2020
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Principal reports strong second-quarter earnings, declares dividend

Principal Financial Group on Monday reported second-quarter net income of $398.3 million, or $1.45 per share, compared with $386.3 million and $1.37 per share for second quarter 2019. The Des Moines-based financial services company’s quarterly earnings beat …
By BPC Staff | Jul 28, 2020
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NAIC forms special committee to focus on race and insurance

The National Association of Insurance Commissioners Executive Committee recently announced the formation of a special committee focused on race and insurance. The special committee will be co-chaired by Ray Farmer, NAIC president and director of the South …
By BUSINESS RECORD STAFF | Jul 27, 2020
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Harris to succeed Forsyth as Wellmark CEO

Wellmark Blue Cross and Blue Shield announced today that Cory Harris, top photo, the insurance giant’s chief operation officer, will become the company’s CEO when John Forsyth, bottom photo, retires at the end of 2020. …
By BUSINESS RECORD STAFF | Jul 23, 2020
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Gerhart joins Homesteaders Life Co. as chief innovation officer

Homesteaders Life Co. in West Des Moines has hired Nick Gerhart as executive vice president and chief innovation officer, effective Aug. 3. Gerhart, who was Iowa’s insurance commissioner from 2013 to 2016, most recently was chief …
By BPC Staff | Jul 16, 2020
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First MainStreet Insurance announces three agency acquisitions

Cedar Rapids-based First MainStreet Insurance, an affiliate of TrueNorth Cos., announced it has added three more insurance firms to its family of agencies, including two Iowa firms. FMSI has acquired Sisson and Associates of Charles City, a …
By BPC Staff | Jul 15, 2020
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AM Best affirms strength, outlook ratings for American Enterprise Group

American Enterprise Group Inc., a Des Moines-based insurance group, announced that ratings agency AM Best recently affirmed the Financial Strength Ratings of A- (Excellent) and the positive outlooks of its six insurance company subsidiaries that …
By BPC Staff | Jul 14, 2020
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Iowa Insurance Division extends partnership to offer Iowa Financial Fitness Challenge

The Iowa Insurance Division announced that it has extended its partnership for an additional three years with the Financial Fitness Group to offer the Iowa Financial Fitness Challenge to employers statewide. The program is sponsored …
By BPC Staff | Jul 9, 2020