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Insurance

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Lee Enterprises earnings fall, but stay level without fair-value adjustment

Waterloo-Cedar Falls Courier: Davenport-based media company Lee Enterprises Inc. today reported earnings of $2.5 million for its second fiscal quarter, or 4 cents per diluted common share. That was down from $6.4 million, or 11 cents …

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American Equity sees uptick in first-quarter earnings

West Des Moines-based American Equity Investment Life Holding Co., a leading issuer of fixed index annuities, reported first-quarter net income of $141 million, or $1.55 per share, compared with net income of $53.9 million, or 60 cents …

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Hy-Vee extends health insurance, other benefits to part-time workers

Hy-Vee Inc. and its subsidiary Midwest Heritage Bank now offers employee benefits to more than 58,000 eligible part-time employees, Hy-Vee announced in a statement today. Any part-time employee who is 19 or older is considered eligible …

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April gloom wasn’t just about the weather

A majority of Iowa based companies posted April losses in their stock prices. 

The Iowa Index, an unweighted average stock price of 22 Iowa-based public companies, was down 0.79 percent in April. On a year-over-year …

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Wellmark, Principal get high rankings on Forbes’ America’s Best Employers list

Des Moines-based Wellmark Blue Cross and Blue Shield and Principal Financial Group are among the best employers to work for in the country, according to an annual ranking by Forbes. Wellmark was ranked No. 3 …

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GuideOne changes logo after customer, employee feedback

GuideOne Insurance’s logo since 1999, left, has been replaced with a G-and-1 combination as of today. 

GuideOne Insurance has switched to a multicolored, stylized logo that combines a G and the numeral 1 as the …

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American Enterprise Group earns straight A- ratings from A.M. Best

American Enterprise Group Inc. announced that A.M. Best Co. Inc. has affirmed the Financial Strength Rating of A- (excellent) of five of the Des Moines-based company’s insurance subsidiaries, and has upgraded its FSR rating for …

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Federal judge grants class-action status in ACA payments appeal

A federal judge last week granted class-action status to health insurers that failed to receive payments as part of an Affordable Care Act consumer assistance initiative that President Donald Trump ended last October, Best’s Insurance …

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Principal posts higher first-quarter earnings

Principal Financial Group on Thursday reported first-quarter net income of $397.1 million, or $1.36 per share, compared with $348.9 million, or $1.19 per share, in 2017. The company also said it would raise its dividend …

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Next Level Ventures launches second fund

Next Level Ventures has formed a second investment fund, which was approved for tax credits Friday by the Iowa Economic Development Authority board. Next Level Ventures Fund II, LLLP is expected to be in the …