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Insurance

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HNI reports lower earnings as net sales decline 5%

HNI Corp. reported sales for the first quarter ended March 30 of $479.5 million and net income of $1.0 million. GAAP net income was 2 cents per diluted share, compared with 6 cents per share …

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Pinterest shares jump 28% on first day of trading

New York Times: Pinterest, the digital pin board startup co-founded by Des Moines native Ben Silbermann, spent years avoiding the spotlight and tamping down any hype about its growth. Today it could no longer stay out …

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Heartland Express surpasses first-quarter earnings estimates

Zacks: Heartland Express reported first-quarter earnings of 21 cents per share, beating the Zacks Consensus Estimate of 19 cents. This compares with earnings of 16 cents per share a year ago. These figures are adjusted for …

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CO-OP Financial announces $17.3 million patronage pool

CO-OP Financial Services announced a patronage (shareholder dividend) pool of $17.3 million for fiscal year 2018, raising to $444.2 million the total patronage amount made available by CO-OP since becoming a cooperative in 1996. The …

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The Accel Group expands agency footprint with acquisition of Asset Pros

The Accel Group, one of Iowa’s largest independent insurance agencies, has acquired Asset Pros, a financial and business resource consulting firm in West Des Moines. With offices in Cedar Rapids, Waverly and Cedar Falls, the …

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April 23-25: Global Insurance Symposium

Host: Global Insurance Symposium
About: The symposium features a powerhouse agenda of renowned keynote and panel speakers, as well as interactive demonstration and networking sessions for all attendees to enjoy. Speakers include state insurance commissioners, …

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A Closer Look: Nicole Cook

Now that the 2019 Global Insurance Accelerator is under her belt, managing director Nicole Cook is looking forward to imprinting her own vision on the insurtech accelerator. Cook started with the GIA in early February, …

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Iowa House to consider $150M additional money for Medicaid

Associated Press: Just days after residents learned that a second insurance company was quitting the Iowa Medicaid program, House lawmakers introduced a spending bill that would give the program $150 million more to ensure all Medicaid …

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AARP Iowa hosts telephone town hall on avoiding investment scams

On a related note, Iowa Attorney General Tom Miller and Iowa Insurance Commissioner Doug Ommen will join AARP Iowa representatives for a statewide telephone town hall on April 10 at 10 a.m. The call will …

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Principal CEO: No ‘speed bumps’ anticipated in Wells Fargo deal

Principal Financial Group’s CEO says he doesn’t anticipate any regulatory issues that would prevent the proposed $1.2 billion acquisition of Wells Fargo’s retirement businesses from being approved. 

In an agreement announced this morning, Principal plans …