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Insurance

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Four leaders to be inducted into Iowa Insurance Hall of Fame

The Iowa Insurance Hall of Fame has announced this year’s inductees, who will be honored in an induction ceremony scheduled for Oct. 18 in Altoona. This is the 25th year of the Iowa Insurance Hall of Fame.…

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Gunderson joins ManchesterStory as investment principal

ManchesterStory Fund Management announced that Nicole Gunderson has joined the Des Moines-based venture capital firm as a principal on its investment team. Gunderson most recently was managing director of the Global Insurance Accelerator in Des Moines, a position …

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Care Initiatives, Accura partner with American Health Plans for coordinated care

Two operators of long-term care facilities in Iowa — Care Initiatives and Accura Healthcare — have formed a partnership with American Health Plans, the companies announced Tuesday. The partnership, which will be implemented in 65 facilities across the state, will give …

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Deere increases Q3 earnings, but misses investors’ expectations

Deere & Co. today reported net income of $1.884 billion for the third quarter ended July 31, or $6.16 per share, compared with net income of $1.667 billion, or $5.32 per share, for the quarter …

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Dotdash Meredith reports losses, ‘rapid pullback’ of ad spending

Des Moines Register: With advertisers pulling back on spending, executives at Dotdash Meredith’s parent company say they won’t hit their revenue targets for the year. In a letter to shareholders, IAC/Interactive Corp. CEO Joey Levin said …

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Principal earnings top expectations in second quarter

Associated Press: Principal Financial Group Inc. on Monday reported second-quarter profit of $3.06 billion. On a per-share basis, the Des Moines-based company said it had net income of $11.94. Earnings, adjusted for investment gains, came to …

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United Fire Group announces net loss for second quarter of 2022

Corridor Business Journal: United Fire Group on Thursday reported a net loss for the second quarter of 2022, driven in part by a loss in investments. UFG, the Cedar Rapids-based insurance company, reported a consolidated net …

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A Closer Look: Quinton Leith

Quinton Leith’s Iowa roots extend back to his family’s farm near Creston; his wife is also an Iowa native, from Centerville. So when he had the opportunity to work remotely for his Chicago-based employer, private …

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NOTEBOOK – ONE GOOD READ: Fact sheet updates data-gathering progress on climate change risks

Today the Treasury Department’s Financial Stability Oversight Council issued a new fact sheet highlighting some of the regulatory changes that could be ahead for insurance and financial services firms related to identifying and addressing climate-related risks to …

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HNI reports 30% earnings bump, lowers 2022 profit outlook

HNI Corp. announced that its second quarter net income was $30.3 million, or 72 cents per share, a 30% increase on a year-over-year basis. Sales for the quarter that ended on July 2 were $621.7 million. During …

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