AABP EP Awards 728x90

Insurance

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STOCK WATCH: Iowa Index up 3.1 percent in July

A majority of companies of Iowa interest ended July with gains in their stock prices as U.S. stock indexes ended the month in positive territory in July.

The Iowa Index, an unweighted average price of…
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Principal second-quarter net income up 34 percent

Principal Financial Group Inc. on Thursday reported second-quarter net income available to common shareholders of $322.3 million, or $1.10 per share, up 34 percent from $241.1 million, or 81 cents, in the previous year’s quarter. …

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MidWestOne second-quarter earnings reflect merger expenses

Iowa City-based MidWestOne Financial Group Inc. reported net income of $4.8 million for the quarter ended June 30, its first full quarter of operations after acquiring Central Bancshares Inc. of Golden Valley, Minn., and its …

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MidWestOne second-quarter earnings reflect merger expenses

Iowa City-based MidWestOne Financial Group Inc. reported net income of $4.8 million for the quarter ended June 30, its first full quarter of operations after acquiring Central Bancshares Inc. of Golden Valley, Minn., and its …

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Meredith reports fourth-quarter loss

Meredith Corp. on Thursday reported a fiscal fourth-quarter loss of $90.5 million,the Associated Press reported. The Des Moines-based media and marketing company reported a profit in the same period the year before. Meredith said it had …

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NewLink Genetics’ quarterly loss more than doubles

NewLink Genetics, which received poor news from a key drug trial, reported a net loss of $32.4 million, or $1.12 per diluted share, for the second quarter of 2016, the company reported today. That compares with a…
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Marsh & McLennan operating income up 16 percent

Marsh & McLennan Companies Inc. reported operating income of $472 million, a 16 percent increase from the year-ago quarter, for its second quarter that ended June 30. Adjusted earnings per share for the global professional …

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Gannett net income drops, narrow profit margins predicted

Gannett Co., the nation’s largest newspaper group and owner of Register Media in Des Moines, reported lower net earnings for the second quarter of 2016, largely because of higher expenses and slightly lower ad revenue. …

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Wellmark ACOs generate $35M in health savings

Accountable care organizations in Iowa that are working with Wellmark Blue Cross Blue Shield last year realized a total of $35 million in health care cost savings, which averages out to $200 per policyholder, Wellmark…
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Vaughan named among most influential insurance professionals

Terri Vaughan, dean of the Drake University College of Business and Public Administration, recently was listed among the most influential people in the insurance industry. The July 2016 issue of Best’s Review, a monthly insurance …

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