AABP EP Awards 728x90

Insurance

DSC 6869

Creighton’s business college to launch fintech major

Due to technology’s growing importance in financial markets, Creighton University’s Heider College of Business has established a new major in finance and technology, or fintech. The goal of the program is to provide students with …

31351

Investing in Iowa

Building innovative companies requires ready venture capital that is willing to bet on companies that might come up with the next big thing or just as easily fizzle. 

Iowa, along with the Midwest, lays claim …

31327

Making investors’ voices heard

Ask wealth advisers the importance of socially responsible investing, and about 6% will show strong interest. But pose the questions to their clients, and about 75% on average will respond that it’s important, according to …

DSC 6869

Medicaid director meets with Iowans worried about UnitedHealthcare’s exit

Des Moines Register: Iowa’s Medicaid director sought to reassure Iowans Wednesday that UnitedHealthcare’s exit from the giant health care program would not cause major disruptions. “The first thing I want to emphasize is no one is …

DSC 6869

EMC board approves $356M merger to take D.M. insurer private

Employers Mutual Casualty Co. and EMC Insurance Group Inc. today announced they have entered into a definitive merger agreement that will transition the Des Moines-based property-casualty insurer from a publicly held stock company to a private company.

The …

DSC 6869

United Fire Group earnings benefit from strong market, higher premiums

United Fire Group Inc. reported consolidated net income of $44.5 million, or $1.74 per diluted share, for the first quarter ended March 31. That compares with consolidated net income of $45.8 million, or $1.80 per …

DSC 6869

Athene announces earnings uptick, strategic capital for acquisitions

Athene Holding Ltd., the parent company of Athene USA in West Des Moines, today reported first-quarter net income of $708 million, or $3.64 per diluted share, compared with net income for the first quarter 2018 …

DSC 6869

Majority of Iowa-based stocks gained in April

Fifteen of 21 Iowa-based companies posted stock price gains for the month of April. Six posted losses, a Business Record analysis found.

Two companies posted double-digit percentage gains: Principal Financial Group Inc. at 13.89% and Winnebago …

DSC 6869

FBL Financial first-quarter earnings up

FBL Financial Group Inc. on Thursday reported first-quarter net income of $34 million, or $1.37 per share, compared with $23.6 million, or 94 cents per share, for the first quarter of 2018. Adjusted operating income totaled $25.9 …

DSC 6869

REG Q1 falls short of expectations

Renewable Energy Group Inc. reported a first-quarter loss of $43.4 million, the Associated Press reported. The company reported a profit last year in the same period. In this year’s quarter, losses adjusted to account for discontinued …

oakridge brd 070125 300x250