Insurance and Investments - Business Record
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  • Wednesday, February 24, 2021 11:02 AM
    Principal Financial Group and Metropolitan Tower Life Insurance Co., a subsidiary of MetLife Inc., announced they have entered into an agreement with health technology company Philips North America LLC to transfer approximately $1.2 billion of Philips North America Pension Plan obligations to Principal and MetLife.

  • Friday, February 19, 2021 3:12 PM
    Deere & Co. reported net income of $1.224 billion for its first quarter ended Jan. 31, or $3.87 per share, compared with net income of $517 million, or $1.63 per share, for the quarter ended Feb. 2, 2020. 

  • Friday, February 19, 2021 3:12 PM
    American Equity Investment Life Holding Co. on Wednesday reported a fourth-quarter net loss available to common stockholders of $6.3 million, or 7 cents per diluted common share, compared with net income available to common stockholders of $220.2 million, or $2.40 per diluted common share, for fourth quarter 2019.

    Thursday, February 18, 2021 10:24 AM
    Iowa’s insurance commissioner on Wednesday heard testimony from GuideOne Mutual Insurance executives to consider the company’s application to reorganize from a domestic mutual insurance company to a stock insurance company.

  • Wednesday, February 17, 2021 11:08 AM
    Cedar Rapids-based United Fire Group Inc. reported a consolidated net loss for the fourth quarter of $8.9 million, or 36 cents per diluted share, compared with a consolidated net loss of $23.2 million, or 93 cents per share, for the same period in 2019.

    Wednesday, February 17, 2021 11:06 AM
    American Equity Investment Life Holding Co, a leading issuer of annuities based in West Des Moines, and Adams Street Partners, a global leader in private markets investments, announced they have reached an agreement to form a joint venture for co-developing insurer capital-efficient products in middle market credit, with American Equity initially committing up to $2 billion to the investment strategy.

  • Thursday, February 11, 2021 3:16 PM
    Eagle Life Insurance Co., a subsidiary of American Equity Investment Life Insurance Co. in West Des Moines, has hired Bryan Albert as head of sales.

  • Wednesday, February 10, 2021 3:51 PM
    The Global Insurance Symposium announced its 2021 conference is now a hybrid event that will be held June 28-30.

  • Monday, February 8, 2021 3:31 PM
    MidWestOne Financial Group Inc. reported net profit for the fourth quarter of 2020 of $16.7 million. 

  • Monday, February 8, 2021 3:30 PM
    Meredith Corp. recently reported second-quarter earnings from continuing operations of $149 million, more than double the comparable prior-year period.

  • Friday, February 5, 2021 3:05 PM
    Fourteen of the 18 Iowa-based companies on the Business Record's Iowa Index posted stock price gains for the month.

  • Friday, February 5, 2021 11:29 AM
    Media company Lee Enterprises of Davenport reported first-quarter operating revenue of $211.8 million, up from $122.3 million from a year ago, reflecting the purchase of Warren Buffet's Berkshire Hathaway newspaper operations, BH Media and the Buffalo News.

  • Tuesday, February 2, 2021 10:54 AM
    Legacy Bridge Private Family Offices in West Des Moines has hired Christine Fleming Halbrook, an experienced trust and estate planning attorney serving high-net-worth clients, as its new president.

  • Friday, January 29, 2021 11:36 AM
    Iowans will have a new window to enroll for health insurance for 2021 on HealthCare.gov, but only for a limited time. 

  • Friday, January 29, 2021 11:35 AM
    Principal Financial Group posted solid fourth-quarter and full-year earnings on Thursday, with fourth-quarter net income of $472.6 million, compared with $300.9 million in the previous fourth quarter.

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