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Insurance

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GuideOne enters excess and surplus insurance lines of business

GuideOne National Insurance Co., a specialty insurance subsidiary of West Des Moines-based GuideOne Mutual Insurance Co., announced Wednesday that it is entering the excess and surplus (E&S) lines of insurance business.

The West Des Moines-based…
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Iowa stocks end with a split month in October

Ten of the 20 Iowa-based companies that make up the Business Record’s Iowa Index posted stock price gains for the month of October, while 10 posted losses for the month. 

Two companies posted double-digit percentage…
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American Equity net income falls in Q3

American Equity Investment Life Holding Co., a leading fixed indexed annuity issuer based in West Des Moines, reported third quarter net income of $37.4 million, or 41 cents per share, compared to net income of $169.3 million, …

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MercyOne accountable care programs release savings, quality data

MercyOne, the Iowa-based regional health system that includes MercyOne-Des Moines, announced it reduced the cost of care by more than $10.3 million for Medicare-enrolled patients in 2018, and provided $5.2 million in payments through the …

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FBL earnings dip in third quarter

FBL Financial Group Inc. on Thursday reported net income for the third quarter of $25.1 million, or $1.01 per share, compared with $31 million, or $1.24 per share, for the third quarter of 2018. Earnings …

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A Closer Look: Miriam Lewis

Miriam Lewis joined Principal Financial Group in July as the company’s first chief diversity and inclusion officer. In that role, Lewis will develop strategies to strengthen Principal’s commitment to attracting, retaining and advancing diverse talent. …

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Corteva signals hit from delayed planting in Brazil, slowing China

Reuters: Corteva Inc. said today that demand for grains and oilseeds could be hit by a delayed soybean planting in Brazil and cooling growth in China and emerging economies, sending its shares down 8%. Persistent dry …

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Ankeny insurance agent faces fraud charge

Lawrence Lee Roberts, 57, an insurance agent in Ankeny, has been charged with one count of fraudulent sales practices, a Class D felony, following an investigation by the Iowa Insurance Division’s Fraud Bureau. The charges …

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Open enrollment begins Friday for ACA-compliant health plans

Open enrollment begins Nov. 1 for Iowans purchasing or changing their individual health coverage under the Affordable Care Act for calendar year 2020. Iowa Insurance Commissioner Doug Ommen advises consulting a licensed insurance agent to …

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BrokerTech Ventures seeks startup applications for accelerator

BrokerTech Ventures announced it has opened the application window for the 2020 BrokerTech Ventures Accelerator program. “We’re looking for any and all new ideas applicable to the agent and broker community,” said Dan Keough, Holmes Murphy …