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Insurance

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American Republic acquires Great Western Insurance

American Republic Insurance Co. announced Friday it has signed an agreement to acquire Great Western Insurance Co., a Utah-based pre-need insurance company. Terms of the transaction, which is subject to regulatory approval, were not disclosed. Great …
By BPC Staff | Jan 8, 2018
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Winnebago tops Iowa companies’ 2017 stock performance

Forest City-based Winnebago Industries Inc. topped the Iowa Index list of 22 Iowa-based publicly traded companies after a 2017 in which its stock price increased 75.67 percent. Winnebago’s stellar 2017 comes just one year after …
By CHRIS CONETZKEY | Jan 8, 2018
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Toronto-based FindBob raises $1.6 million with Iowans’ help

Toronto-based FindBob, which addresses the need for a succession plan in insurance and financial services, has finished a $1.6 million seed round led by Grinnell Mutual, BetaKit reported. Also participating were Ames Seed Capital and MaRS …
By BPC Staff | Jan 3, 2018
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Lessons from the past year

As 2017 nears its close, the Business Record asked you, our readers, to tell share what lessons you learned in the last 12 months that others in the business community could benefit from hearing. 

And …
By BUSINESS RECORD STAFF | Dec 28, 2017
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Iowa Medicaid providers hit with $1.5 million in penalties

Des Moines Register: Iowa has assessed $1.5 million in penalties against the three companies that managed the state’s Medicaid program for failing to meet performance standards, newly released records show. More than $1 million of those …
By BPC Staff | Dec 22, 2017
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Voya to exit annuities and Athene to expand, in deal that creates new variable annuity company

Two financial services companies with operations in Des Moines announced a deal today in which one will exit the annuity business while the other will significantly expand in the fixed annuity market. The deal also …
By JOE GARDYASZ | Dec 21, 2017
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General Mills 2nd-quarter profits dip despite sales gain

Corridor Business Journal: General Mills today reported second-quarter earnings of 74 cents per share, a decline of 8 percent, despite signs of reviving sales. Net sales were up 2 percent to $4.2 billion. North America retail …
By BPC Staff | Dec 20, 2017
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Winnebago easily tops predictions in first quarter

Winnebago Industries Inc. reported today that it easily topped its fiscal first-quarter forecasts, partly on the strength of its acquisition of Grand Design, Investor’s Business Daily reported. For example, earnings per share came in at 57 …
By BPC Staff | Dec 20, 2017
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Engaging digital consumers

One out of four life insurance companies says the process of buying insurance will become completely digital from start to finish within the next three years. 

At the same time, some 60 million middle-market U.S. …
By JOE GARDYASZ | Dec 19, 2017
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Grinnell Mutual names acting president; planned successor has West Nile virus

Grinnell Mutual today announced that Dave Wingert, executive vice president and chief operating officer, will serve as the company’s acting president. He will temporarily succeed Larry Jansen on his retirement, and serve in that capacity while …
By BUSINESS RECORD STAFF | Dec 18, 2017
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