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Insurance

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Survey: Here’s how Americans plan on using their tax refunds

According to the latest Principal Well-Being Index survey, 46 percent of Americans who receive a tax refund this year plan to save or invest the money. The return on investment may be bigger than most people …

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Two companies bid to replace AmeriHealth Caritas in Iowa

Iowa officials announced the identity of two companies bidding to replace AmeriHealth Caritas in Iowa’s privatized Medicaid program, reports the Des Moines Register. Missouri-based Centene and Washington, D.C.-based Trusted Health Plan — whose board chair, Tom Scully, …

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Medica cries foul over proposed Wellmark-Farm Bureau bill

Medica, the sole health insurance carrier selling individual policies in Iowa this year, says it might take legal action against the state over legislation that would allow Wellmark to bypass Affordable Care Act rules, the …

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SEC reaches $3.6 million settlement with Voya

The Securities and Exchange Commission on Thursday announced a $3.6 million settlement with investment adviser subsidiaries of Voya Holdings Inc. for a securities lending practice that harmed mutual fund investors, Investment News reported. In its order, the SEC …

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NOTEBOOK – One Good Read: The not-ready-for-prime-time AI insurance agent

What do you get when you cross a Star Wars storm trooper with a bespectacled, detached insurance agent? He may look and act a lot like the befuddled star of a new ad campaign by …

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Shaffer appointed president and CEO of Homesteaders Life

The Homesteaders Life Co. board of directors has appointed Steve Shaffer as the company’s 10th president and CEO, effective March 15. The vote completed the West Des Moines-based insurer’s planned leadership transition process announced in …

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Farm Bureau, Wellmark propose health benefit alternative for farmers

Iowa’s statewide farm organization thinks it has a plan to help farmers who are struggling to find affordable health insurance, the Mason City Globe Gazette reported. Under the proposal, Wellmark would create health benefit plans for Farm …

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Deere earnings reflect short-term downside of tax reform

Deere & Co. reported a net loss of $535 million, or $1.66 per share, for the quarter ended Jan. 28, compared with profits of $199 million, or 62 cents per share, for the year-ago quarter, …

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Ommen: More Iowans than expected left ACA health market

Several thousand Iowans who lost health care coverage when their carrier left the 2018 health insurance market may still be eligible to purchase a plan from Medica on the ACA marketplace before the March 1 …

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Nationwide will cut more than 50 workers from Des Moines mortgage division

Des Moines Register: Nationwide will cut more than 50 workers from its mortgage division in Des Moines, according to a layoff notification to Iowa Workforce Development. It’s the second round of layoffs for the Columbus, Ohio-based …