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  • Friday, August 7, 2020 2:59 PM
    Insurers’ interpretation of what constitutes a “direct physical loss” is prevailing in lawsuits being decided around the country, Business Insurance magazine reported (free registration required). 

  • Friday, August 7, 2020 10:41 AM
    FBL Financial Group Inc., the West Des Moines-based parent company of Farm Bureau Financial Services, reported net income for the second quarter of 2020 of $26.2 million, or $1.06 per diluted common share, compared to net income of $32.3 million, or $1.30 per diluted common share, for the second quarter of 2019.

  • Thursday, August 6, 2020 3:06 PM
    American Equity Investment Life Holding Co. reported a net loss of $253.4 million, or $(2.76) per common share, compared to net income available to common stockholders of $18.6 million, or $0.20 per diluted common share, for second quarter 2019.

  • Wednesday, August 5, 2020 1:46 PM
    Fidelity National Financial Inc., a Jacksonville, Fla.-based title insurance company that acquired FGL Holdings earlier this year, reported consolidated second quarter financial results that include one month of FGL earnings for the period ended June 30.

  • BY JOHN RETZLAFF
    Tuesday, August 4, 2020 3:38 PM
    July was a good month for the stock market overall. Most major indexes finished in positive territory with the S&P 500 now positive on the year. Market uncertainty still looms due to higher COVID-19 case numbers, the expiration of additional unemployment benefits and second quarter-GDP numbers.

  • Monday, August 3, 2020 11:02 AM
    Dallas-based Integrity Marketing Group LLC, the nation’s largest independent distributor of life and health insurance products, recently acquired Heartland Retirement Group in Des Moines. 

  • Tuesday, July 28, 2020 11:01 AM
    Principal Financial Group on Monday reported second-quarter net income of $398.3 million, or $1.45 per share, compared with $386.3 million and $1.37 per share for second quarter 2019. 

  • BY BUSINESS RECORD STAFF
    Monday, July 27, 2020 10:50 AM

  • BY BUSINESS RECORD STAFF
    Thursday, July 23, 2020 10:34 AM
    Wellmark Blue Cross and Blue Shield announced today that Cory Harris, the insurance giant’s chief operation officer, will become the company’s CEO when John Forsyth, retires at the end of 2020. Harris will transition to the CEO position on Jan. 1, 2021.

  • Thursday, July 16, 2020 3:39 PM
    Homesteaders Life Co. in West Des Moines has hired Nick Gerhart as executive vice president and chief innovation officer, effective Aug. 3. 

  • Wednesday, July 15, 2020 3:37 PM
    Cedar Rapids-based First MainStreet Insurance, an affiliate of TrueNorth Cos., announced it has added three more insurance firms to its family of agencies, including two Iowa firms.

  • Tuesday, July 14, 2020 3:31 PM
    American Enterprise Group Inc., a Des Moines-based insurance group, announced that ratings agency AM Best recently affirmed the Financial Strength Ratings of A- (Excellent) and the positive outlooks of its six insurance company subsidiaries that operate under the American Republic, Medico and Great Western Insurance Co. brands.

  • Thursday, July 9, 2020 11:57 AM
    The Iowa Insurance Division announced that it has extended its partnership for an additional three years with the Financial Fitness Group to offer the Iowa Financial Fitness Challenge to employers statewide. 

  • BY BUSINESS RECORD STAFF
    Thursday, July 9, 2020 11:57 AM
    New York-based private equity firm KKR & Co. agreed to buy retirement and life insurance company Global Atlantic Financial Group Ltd. for more than $4.4 billion, the Wall Street Journal reported. 

  • Wednesday, July 8, 2020 3:52 PM
    Two Greater Des Moines mutual insurance companies — EMC Insurance Cos. and Merchants Bonding Co. — were recognized recently for their initiatives in innovation by the National Association of Mutual Insurance Companies. 

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