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Insurance

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Majority of Iowa stocks post gains in May

Ten of the 16 Iowa-based companies on the Business Record’s Iowa Index posted stock price gains for the month of May, one being a double-digit percentage gain. Six Iowa-based stocks posted losses; two posted double-digit …

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First-quarter indexed annuity sales up 14.5% year over year

Indexed annuity sales for the first quarter were $16.6 billion; down 1.6% when compared with the previous quarter, but up 14.5% when compared with the same period last year, according to data released Thursday by …

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Iowa Supreme Court ruling in EMC shareholder case upholds director shield protections

The Iowa Supreme Court today issued a decision in favor of EMC Insurance Cos. in a class action suit brought by a shareholder who alleged the company’s directors abdicated their fiduciary duties by agreeing to …

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Connectify HR to sponsor new health plan through HealthPartners UnityPoint Health

Connectify HR, a Des Moines-based professional employer organization launched last year, announced it has selected HealthPartners UnityPoint Health as its health insurance provider and is sponsoring a new health plan for small to midsize businesses …

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Fitch upgrades Athene’s financial strength ratings to A+

Fitch Ratings has upgraded the Insurer Financial Strength ratings for operating subsidiaries of Athene Holding Ltd. from A to A+ (strong). The ratings upgrades apply to Athene Annuity & Life Assurance Co., Athene Annuity and Life Co., …

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New business increases F&G assets by 29% in first quarter

Des Moines-based annuity and life insurance company F&G reported total sales of $2.6 billion in the first quarter of 2022, a 57% increase over first quarter 2021 and an increase of 18% from the fourth …

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Ready for growth: More members, investments ahead for FIN Capital

FIN Capital Investor Association, Iowa’s female angel investor network, is shaking off the fog of the pandemic and preparing to recruit more investor-members this year.


Despite the challenges created by the pandemic, FIN Capital has …

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Lee Enterprises reports digital growth in second quarter

Quad-City Times: Paid digital-only subscriptions at Lee Enterprises Inc. increased 51% from the previous year in the second quarter that ended in March, putting the Davenport-based media company six months ahead of its goal for growth …

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Stocks have worst month since March 2020

April was a brutal month for a majority of stocks. The S&P 500 fell 8.8% in April and the Dow industrials declined nearly 5%, the worst monthly performance for the indexes since March 2020, according to …

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Huge layoffs expected at Lee Enterprises

Axios: Lee Enterprises has been quietly laying off dozens of employees across its local papers and at the corporate level as it continues to cut costs following the unsolicited takeover bid from hedge fund Alden Global …