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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.
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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.
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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.
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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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Tuesday, July 7, 2020 12:00 PM
Des Moines-based American Enterprise Group Inc. announced that its Medico Corp. Life Insurance Co. will offer SilverSneakers, a leading fitness program for seniors, to its Medicare Supplement policyholders in Iowa.
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Tuesday, June 30, 2020 11:17 AM
Empower Retirement will buy California-based digital advice company Personal Capital in a $1 billion transaction that’s expected to create a client pipeline between the two firms, Financial Planning magazine reported.
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Friday, June 26, 2020 3:34 PM
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Friday, June 19, 2020 11:31 AM
The reinsurance arm of Athene Holding Ltd. will invest $500 million in Prudential PLC’s U.S. life insurance businesses, including Jackson National Life Insurance Co., as the Athene unit reinsures $27.6 billion of Jackson’s annuities business, A.M. Best reported.
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Thursday, June 18, 2020 3:35 PM
Media company Lee Enterprises Inc. of Davenport reported a second-quarter loss per share of 9 cents, compared with a loss of 5 cents per share a year ago.
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Friday, June 12, 2020 10:45 AM
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Friday, June 12, 2020 6:00 AM
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Tuesday, June 9, 2020 3:39 PM
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Tuesday, June 2, 2020 11:43 AM
The stock market overall had a strong month in May, building from April’s strength. Market volatility continued. COVID-19's effect on the economy hasn’t gone away but it has slowed, and states are starting to reopen, albeit on different timelines.
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Tuesday, June 2, 2020 11:42 AM
Fidelity National Financial Inc. and FGL Holdings on Monday announced the completed acquisition of FGL Holdings by FNF.
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Wednesday, May 27, 2020 3:22 PM
Federal lawmakers have introduced a bill to create a government-backstopped pandemic insurance program similar to the Terrorism Risk Insurance Act, but insurance representatives have questioned whether such an approach will prove adequate to respond to a future pandemic, Best’s Insurance News & Analysis reported.
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