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Insurance

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REG net income turns around in Q2

Ames-based Renewable Energy Group turned a year-ago loss into $33 million in net income in the second quarter, the company reported. The 78 cents per diluted share in net income was up from 90 cents …

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Waterloo eyes plan to bill accident victims’ insurance

Waterloo-Cedar Falls Courier: A plan to bill insurance companies for Waterloo Fire Rescue’s response to car accidents, house fires and other emergencies is up for approval. City Council members are scheduled to consider an ordinance change …

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July a mixed bag for Iowa stocks

Thirteen out of 22 Iowa-based companies posted gains for the month of July. Nine posted losses in the month. 

The top three companies that posted gains are: HNI Corp. with a 16.32 percent gain, United …

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Lee Enterprises earnings down, but digital revenue grows

Davenport-based media company Lee Enterprises Inc. today posted earnings of $4.8 million for its third fiscal quarter, or 8 cents per diluted common share, the Quad-City Times reported. That was down from $6.3 million, or 11 …

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Athene posts record retail sales of $2 billion in second quarter

Athene Holding Ltd., parent company of West Des Moines-based Athene USA, announced second-quarter net income of $264 million, or $1.33 per share, compared with net income for the second quarter of 2017 of $326 million, …

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Federal rules approved for ‘skinny’ insurance plans

The Centers for Medicare and Medicaid Services has released a final rule amending the definition of short-term, limited-duration health insurance plans, also known as “skinny” insurance. The previous rule set a maximum duration for these …

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NewLink’s stock tanks after earnings report, bear note

Schaeffer’s Investment Research: Biotechnology concern NewLink Genetics Corp. was down 20 percent this morning at $3 a share — a record low — after brokerage firm Stifel downgraded the stock to “hold” from “buy” and slashed …

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Wellmark: Report shows progress in addressing opioid abuse

Wellmark Blue Cross and Blue Shield has the fourth-lowest rate of members who have been diagnosed with opioid-use disorder among Blue Cross Blue Shield companies, according to a new report. Among Wellmark members, 3 in …

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Marsh & McLennan revenue up 7 percent in second quarter

Global professional services firm Marsh & McLennan Cos. Inc. reported consolidated revenue in the second quarter of $3.7 billion, a 7 percent increase compared with the year-ago quarter. Net income attributable to the company was …

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EMC anticipates net loss in second quarter

EMC Insurance Group Inc. today announced that second-quarter 2018 results were negatively affected by a higher than anticipated level of non-catastrophe losses in the property and casualty insurance segment. As a result, the Des Moines-based …