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Insurance

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Guy Carpenter partners with predictive auto analytics company TNEDICCA

Guy Carpenter, a leading global risk and reinsurance specialist and a business of Marsh McLennan, has entered into an agreement with TNEDICCA, a leader in location-based traffic-crash intelligence and predictive analytics. This exclusive agreement enables …

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Post Advisory Group hires Farley to manage CLO investments, structured credit

Post Advisory Group, the senior loans and structured credit arm of Des Moines-based Principal Global Investors, has hired Kevin Farley as a portfolio manager for its collateralized loan obligations (CLO) and structured credit platform. Farley …

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High gas prices produce big profits for Casey’s General Stores

Des Moines Register: Led by increased profits from higher fuel prices, Ankeny-based Casey’s General Stores reported a strong quarter. The gas station chain said it earned $152.9 million in net income for the period that ended …

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City of Des Moines considering buying mostly vacant downtown office building, parking garage for $40.6 million

The city of Des Moines would purchase property owned by Nationwide Mutual Insurance Co. at 1200 Locust St. and a parking garage under a proposal that will be considered by the City Council on Monday. Photo …

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Wellmark partners with UnityPoint Health for new marketplace health plans

Wellmark Blue Cross and Blue Shield and UnityPoint Health are announcing several new affordable health plan options for individuals and families who buy their own health insurance. Pending approval from the Centers for Medicare & …

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Farmers Mutual Hail hires Walker as chief brokerage officer

Farmers Mutual Hail Insurance Co. of Iowa announced that Brent Walker has been hired in the new position of chief brokerage officer, effective immediately. The West Des Moines-based crop insurance coverage made the hire to establish a …

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F&G nears $5B in institutional market sales, boosted by pension transfers

Des Moines-based F&G Annuities & Life Inc. recently closed two significant pension risk transfer transactions that have propelled the company’s institutional market sales to nearly $5 billion since that product channel’s launch by F&G just …

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Mutual Med becomes part of BenefitMall — which is merging with CRC Group

BenefitMall, a leading insurance brokerage firm based in Dallas, has acquired Mutual Med, a Davenport-based insurance distributor that provides sales counseling and support for benefits agents serving large groups, small groups and individuals. In early August, BenefitMall also …

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Flexsteel rejects takeover proposal by CSC Generation Holdings

Dubuque-based Flexsteel Industries Inc. today announced that its board of directors, in consultation with its independent financial and legal advisers, has unanimously rejected an unsolicited, preliminary nonbinding proposal from CSC Generation Holdings Inc. to acquire Flexsteel for …

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Iowa Medicaid to add Molina Healthcare of Iowa as third MCO

The Iowa Department of Health and Human Services announced the intent to award Medicaid managed care contracts to Amerigroup Iowa and Molina Healthcare of Iowa. Iowa Total Care, which with Amerigroup Iowa has held the Medicaid …

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