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Insurance

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GuideOne names VP of distribution management

GuideOne Insurance in West Des Moines announced that Chris Ward has been appointed as vice president of distribution management, effective May 28. In this role, Ward is responsible for driving and supporting attainment of GuideOne’s strategic plan …

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Majority of Iowa stocks posted losses in May

Sixteen out of 21 Iowa-based companies posted losses in the month of May. Five companies posted gains. 

EMC Insurance Group posted the only double-digit percentage gain for the month at 12.36%. United Fire Group Inc., …

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American Equity no longer considering potential transaction

American Equity Investment Life Holding Co. announced today that its board of directors is no longer in discussions regarding a possible transaction. The West Des Moines-based annuity issuer had confirmed a year ago that it was in discussions regarding …

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Athene Holding prices $750 million offering in depositary shares

Bermuda-based life reinsurer Athene Holding Ltd. has priced an offering of $750 million in depositary shares to raise capital for its reinsurance operations. Each of the 30 million preferred shares represents a 1/1,000th interest in …

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SelectQuote opens regional sales office in West Des Moines

SelectQuote Insurance Services Inc., an insurance brokerage based in Overland Park, Kan., recently opened a regional sales office in West Des Moines, with plans to staff the facility with about 120 employees. The West Des …

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Iowa, South Dakota communities awarded more than $93,000 from Wellmark 3-Point Play

Six communities in Iowa and South Dakota received grants between $14,000 and $18,000 from Wellmark Blue Cross and Blue Shield as part of its 3-Point Play Program, Wellmark announced. Throughout the 2018-19 college football and basketball …

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June 18: Insurance Industry Conference

Host: Iowa Society of CPAs 
About: Annual event for CPAs, CFOs and finance staff working with or in insurance companies. Update from Iowa’s insurance commissioner, robotics/AI panel with demonstration, blockchain disruptors, “Winning at All Costs” …

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Life insurance sales see slow start for 2019

Sales of several categories of life insurance products were down by double-digit percentages in the first quarter, according to Wink’s Sales & Market Report. Non-variable universal life sales for the first quarter, which include both indexed and …

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GuideOne names Pearson chief underwriting officer

GuideOne Insurance in West Des Moines announced that Doug Pearson has been appointed as senior vice president and chief underwriting officer, effective May 20. In this role, Pearson is responsible for niche product management, home …

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Cannon named Farm Bureau regional manager

Maggie Cannon of Des Moines has been named a regional manager for the Iowa Farm Bureau Federation, covering Boone, Dallas, Greene, Polk and Story counties. Cannon grew up on a Jasper County farm and has a …

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