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Insurance

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NCMIC Group promotes Siebert, Dickinson to president roles

NCMIC Group Inc. announced that it has promoted David Siebert, top, to president of its insurance operating companies, NCMIC Insurance Co./Professional Solutions Insurance Co. Additionally, the company has named Tony Dickinson, bottom, as president of NCMIC Finance …
By BUSINESS RECORD STAFF | Jan 3, 2020
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What has a decade of change brought for Iowa’s largest life insurers?

The past decade has brought a flurry of changes to life and annuity insurance landscape, with a mix of  mergers, acquisitions, name changes and new players that have shuffled the deck of Iowa-based insurers. As …
By BPC Staff | Dec 31, 2019
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FGL to expand downtown office space

Des Moines-based Fidelity & Guaranty Life Co. plans a move late next year to 801 Grand. The life and annuity insurer, which currently employs about 200 people in Two Ruan Center, plans to add at …
By BUSINESS RECORD STAFF | Dec 23, 2019
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Winnebago reports 19% bump in revenue, market share growth

Winnebago Industries Inc. today reported higher revenue for its fiscal 2020 first quarter. Revenue for the quarter ended Nov. 30 was $588.5 million, an increase of 19.2% compared with $493.6 million for the fiscal 2019 …
By BPC Staff | Dec 20, 2019
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Iowa’s first lady of SHIIP to retire

If there’s one thing about Medicare plans, supplements and drug coverage options, they’re exceedingly complicated, and it’s only gotten more so over time. For nearly 30 years, Kriss Gross has been the face of Iowa …
By JOE GARDYASZ | Dec 19, 2019
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A Closer Look: Jared Kirby

Jared Kirby was appointed in October as deputy insurance commissioner for market regulation. In that position, he leads the Iowa Insurance Division’s Market Regulation, Fraud, Consumer Advocacy Office and Enforcement Bureaus. He will also represent …
By JOE GARDYASZ | Dec 18, 2019
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Investigation into large-scale insurance fraud case began in Iowa

Technology made the life insurance buying process a little too convenient for a Boston man who was recently charged in a massive fraud scheme, the Iowa Insurance Division announced Monday. Kellerman Jason Zheng, 33, was arrested in …
By BPC Staff | Dec 17, 2019
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NewLink Genetics rejects unsolicited acquisition offer

NewLink Genetics Corp. announced it has rejected an unsolicited acquisition proposal from Evercel Inc., after determining the offer is not in the best interests of its shareholders. The Ames-based company said Evercel’s offer made on Nov. 5 …
By BPC Staff | Dec 16, 2019
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NOTEBOOK: Eyes in the sky help prevent insurance fraud

I recently interviewed Jared Kirby, who in October was appointed deputy insurance commissioner for market regulation, for an upcoming Closer Look profile. An interesting tidbit from that interview that Kirby relayed to me is the …
By JOE GARDYASZ | Dec 13, 2019
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November a good month for Iowa stocks

Sixteen of 20 Iowa-based companies posted stock price gains for the month of November. Four companies posted losses. 

The top five stocks that posted gains were Heartland Express Inc. with at 6.79%; Art’s Way Manufacturing …
By JOHN RETZLAFF | Dec 10, 2019
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