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Insurance

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FGL Holdings announces $2.7 billion merger with Fidelity National Financial

FGL Holdings, the parent company of Des Moines-based annuity provider and life insurer Fidelity & Guaranty Life, announced it has entered into a merger agreement with Fidelity National Financial Inc., a leading title insurance company. …
By BUSINESS RECORD STAFF | Feb 7, 2020
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American Equity, Principal rank high for customer satisfaction by J.D. Power

J.D. Power has ranked American Equity Investment Life Holding Co. among the top five annuity companies in its 2019 U.S. Life Insurance Study. The study marked the first year that the annuity provider category was …
By BPC Staff | Feb 5, 2020
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Survey: Employees value digital health care offerings

According to a new survey, nearly half of U.S. workers (49%) said they are excited by the prospect of a digital transformation of health care, according to the inaugural ‘Health on Demand’ survey by Mercer …
By BPC Staff | Feb 4, 2020
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Former agent sentenced to 18 months after defrauding insurer of nearly $200,000

A former insurance agent from Muscatine has been sentenced to 18 months in federal prison after a joint investigation by the Iowa Insurance Division’s Fraud Bureau and the U.S. Postal Inspection Service. Ashley Erin Murphy …
By BPC Staff | Jan 29, 2020
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Wellmark recognizes UI hospital for demonstrating quality cellular immunotherapy

University of Iowa Hospitals and Clinics has been designated as a Blue Distinction Center for Cellular Immunotherapy — CAR-T, a new designation under the Blue Distinction Specialty Care Program, Wellmark Blue Cross and Blue Shield …
By BPC Staff | Jan 27, 2020
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Holmes Murphy president to present on health care costs, politics

Health insurance industry veteran Den Bishop will headline a discussion next week at Holmes Murphy’s headquarters in Waukee. Bishop, president of Holmes Murphy, will speak on U.S. health care reform initiatives and approaches to addressing …
By BPC Staff | Jan 24, 2020
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Blue Cross and Blue Shield insurers team up with Civica Rx in $55 million venture

A group of Blue Cross and Blue Shield insurers is investing $55 million in a venture that aims to offer cheaper prices to their members on generic drugs that currently have little or no competition, Reuters …
By BPC Staff | Jan 24, 2020
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EMC announces executive promotions, new operating structure

Scott Jean, president of EMC Insurance Cos., today announced the promotions of several company leaders to executive vice president roles and introduced a new operating structure for the Des Moines based property-casualty group. As previously announced in …
By BPC Staff | Jan 23, 2020
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State bill would protect some Iowans if preexisting conditions are scrapped

If the U.S. Supreme Court rules the Affordable Care Act is unconstitutional, a bill introduced in the Iowa Senate would keep a popular part of the law in force for some Iowans, Radio Iowa reported. Sen. Brad …
By BPC Staff | Jan 23, 2020
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KemPharm moves to Nasdaq Capital Market

KemPharm, the Coralville-based specialty pharmaceutical company, is striving to maintain its Nasdaq listing as the company’s stock has slumped below the required minimum of $1 per share, the Corridor Business Journal reported. Shares of KemPharm were …
By BPC Staff | Jan 22, 2020