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Insurance

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UnitedHealthcare launches bundling discount program

UnitedHealthcare has introduced a new benefits savings program that offers employers discounts for bundling specialty benefits with a UnitedHealthcare health plan. The program, uBundle, can lower medical premiums up to 4 percent by combining specialty benefits such …
By BPC Staff | Dec 11, 2018
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Majority of Iowa Index stocks rose in November

Thirteen out of 21 Iowa-based companies posted gains for the month of November. One remained unchanged. Seven posted losses in the month. 

Four companies posted double-digit percentage gains: EMC Insurance Group Inc. with a 33.42 …
By JOHN RETZLAFF | Dec 11, 2018
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Dubuque Greyhound race track will be one of few left in the U.S.

Reuters: Global stocks tumbled to one-week lows today, as declines by long-dated U.S. bond yields and a renewal of trade concerns stoked fears of a downturn in the United States, the world’s largest economy. U.S. markets …
By BPC Staff | Dec 5, 2018
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Homesteaders Life names new regional director

Homesteaders Life Co. announced that Joan Schoborg has been named regional director for the company’s home office in West Des Moines. Schoborg fills a role previously held by Karen King, who is retiring after 46 years with …
By BPC Staff | Dec 4, 2018
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Athene annuities to cover Bristol-Myers Squibb pension payouts

Athene Holding Ltd. has entered into an agreement with pharmaceutical giant Bristol-Myers Squibb in which West Des Moines-based Athene Annuity and Life Co. will cover as much as $3.8 billion of pension liabilities of Bristol-Myers’ …
By BPC Staff | Dec 4, 2018
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Delta Dental to roll out InsuranceMenu platform statewide

Delta Dental of Iowa has announced a partnership with InsuranceMenu, an insurance quoting and employee enrollment tool. The digital platform is designed to automate and overcome barriers in the small business market and make it …
By BPC Staff | Nov 29, 2018
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Moody’s report forecasts stable outlook for health insurers

Moody’s Investor Service has issued a relatively glowing report on the U.S. health insurance market, predicting stability and earnings growth for insurers in 2019, Benefits Pro reported. Despite continued public anxiety over health insurance reforms, Moody’s analysts …
By BPC Staff | Nov 27, 2018
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Audit: Privatized Medicaid is saving Iowa $126 million per year

Des Moines Register: After two years of releasing seesaw estimates, Iowa Medicaid leaders are correctly calculating how much the state is saving by having private companies manage the $5 billion Medicaid program, the state auditor concluded …
By BPC Staff | Nov 26, 2018
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Fidelity & Guaranty upgraded to ‘excellent’ financial strength rating

FGL Holdings, a leading provider of fixed indexed annuities and life insurance with operations in Des Moines, announced today that rating agency A.M. Best has upgraded the financial strength rating for its Fidelity & Guaranty …
By BPC Staff | Nov 26, 2018
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M&A expert: EMC buyout appears favorable for shareholders

The proposed stock acquisition of EMC Insurance Group Inc. by Employers Mutual Casualty Co. appears to be a good deal for the company’s shareholders, says Adam Claypool, managing principal of Bridgepoint Investment Banking. I asked Claypool, who …
By JOE GARDYASZ | Nov 26, 2018
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