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Insurance

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Global Atlantic to be acquired by KKR for $4.4 billion

New York-based private equity firm KKR & Co. agreed to buy retirement and life insurance company Global Atlantic Financial Group Ltd. for more than $4.4 billion, the Wall Street Journal reported. The proposed deal marks a third …

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EMC, Merchants Bonding receive innovation awards from NAMIC

Two Greater Des Moines mutual insurance companies — EMC Insurance Cos. and Merchants Bonding Co. — were recognized recently for their initiatives in innovation by the National Association of Mutual Insurance Companies. Property-casualty insurer EMC received two …

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American Enterprise partners with SilversSneakers fitness program

Des Moines-based American Enterprise Group Inc. announced that its Medico Corp. Life Insurance Co. will offer SilverSneakers, a leading fitness program for seniors, to its Medicare Supplement policyholders in Iowa. Enrollment in the SilverSneakers program is automatic …

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Empower Retirement to acquire Personal Capital in $1 billion deal

Empower Retirement will buy California-based digital advice company Personal Capital in a $1 billion transaction that’s expected to create a client pipeline between the two firms, Financial Planning magazine reported. Under the agreement, Empower will acquire Personal …

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State insurance regulators to examine racial discrimination, diversity during conference

The National Association of Insurance Commissioners announced that it will convene a special session on race and insurance as part of its summer national meeting to be held July 28 to Aug. 11. The special session will …

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Athene takes $500M stake in Jackson National Life, will reinsure $27.6B in annuities

The reinsurance arm of Athene Holding Ltd. will invest $500 million in Prudential PLC’s U.S. life insurance businesses, including Jackson National Life Insurance Co., as the Athene unit reinsures $27.6 billion of Jackson’s annuities business, A.M. …

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COVID-19 contributes to drop in Lee earnings

Nasdaq: Media company Lee Enterprises Inc. of Davenport reported a second-quarter loss per share of 9 cents, compared with a loss of 5 cents per share a year ago. Adjusted earnings before interest, taxes, depreciation and …

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American Enterprise Group enters strategic partnership with InsuredMine

Des Moines-based American Enterprise Group Inc. announced Thursday it has partnered with insurance technology company InsuredMine for end-to-end prospect and customer management and engagement using InsuredMine’s customer relationship management platform. The partnership is aimed at empowering AEG’s insurance companies …

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New app provides non-insurance option for dentists, patients


Des Moines dentist John Campbell is gaining a number of patients who probably wouldn’t have sought dental care had it not been for a new dental network/payment app that’s gaining word-of-mouth traction in Iowa.

 Campbell, …

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Casey’s reports strong annual earnings despite COVID-19-related obstacles

The sudden drop in vehicle usage caused by the novel coronavirus outbreak and subsequent shelter-in-place orders in parts of the U.S. meant less demand for gasoline, a nationwide trend to which Ankeny-based Casey’s General Stores …