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Insurance

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A conversation with BlackRock’s head of the Americas

Although Greater Des Moines boasts a number of world-class financial services companies, it’s a particular honor when a top executive from an industry-leading company from outside of Iowa reaches out to our publication. That was …

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NOTEBOOK: UnitedHealth Group’s doing wonderfully — and Wellmark is having a better year, too

When I saw recently that the nation’s largest health insurer, UnitedHealth Group, reported a 25 percent increase in shareholder earnings to $10.56 billion in 2017 and added about 1.1 million additional policyholders nationally, it made …

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Wellmark scores just above regional average in J.D. Power customer survey

Customer satisfaction among commercial health plan members is stable or improving across most areas of the country, according to the 2018 Commercial Member Health Plan Study by J.D. Power. However, overall satisfaction scores for health …

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Meredith reports third-quarter loss on purchase of Time Inc.

Meredith Corp. reported a loss from continuing operations for the third quarter of $95 million and a net loss of $110 million in the quarter, compared with net earnings of $40 million in the year-ago …

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UnitedHealth Group’s doing wonderfully — and Wellmark is having a better year, too

When I saw recently that the nation’s largest health insurer, UnitedHealth Group, reported a 25 percent increase in shareholder earnings to $10.56 billion in 2017 and added about 1.1 million additional policyholders nationally, it made…
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Principal board approves $300 million in stock repurchases

Principal Financial Group on Monday announced that its board of directors has approved a new authorization for the repurchase of up to $300 million of the company’s outstanding common stock. As of March 31, approximately …

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Coralville’s Zero Energy Systems lays off 40, more to come

Cedar Rapids Gazette: A Coralville company that filed for bankruptcy protection amid a dispute with its lender has let go 40 employees. Zero Energy Systems laid off its entire production staff effective today. More layoffs are …

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NewLink Genetics cuts losses in first quarter

Ames-based biopharmaceutical company NewLink Genetics reported a net loss of $18.3 million for the quarter ended March 31, or 49 cents per common share, compared with a loss of $20.9 million, or 72 cents per …

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EMC reports first-quarter loss

EMC Insurance Group Inc. reported a first-quarter net loss of $76,000, or zero cents per share, compared with net income of $6.8 million, or 32 cents per share, for the first quarter of 2017. Included in the …

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FBL Financial reports first-quarter earnings

FBL Financial Group Inc. reported first-quarter net income attributable to the company of $23.6 million, or 94 cents per share, compared with $26.4 million, or $1.05 per diluted common share, for the first quarter of 2017. Premiums …