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Insurance

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Principal hires new compliance, investor relations leaders

Principal Financial Group announced two new leadership hires within its compliance and investor relations operations. On Monday, Noreen Fierro (upper photo) joined Principal as senior vice president, chief compliance officer, overseeing all regulatory compliance operations for the …

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Snyder replaced as president and CEO of GuideOne Insurance

Jessica Snyder, president and CEO of GuideOne Insurance since 2017, has been replaced by an interim leader, the Business Record has learned. Andrew Noga, senior vice president and general counsel, is now the interim CEO, according …

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Jackson to lead new health equity division for Wellmark

Wellmark Blue Cross and Blue Shield announced today that Laura Jackson has been named executive vice president for Health Equity, Access and Improvement. In that position, Jackson will lead a new division within Wellmark dedicated to improving …

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American Equity reports higher Q4, lower full-year results

American Equity Investment Life Holding Co. on Thursday reported mixed financial results for the fourth quarter and full year. The West Des Moines-based company, an issuer of fixed index annuities, said non-GAAP operating income available …

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Legislation reintroduced to allow annuities as default option in 401(k) plans

Federal lawmakers have revived a piece of legislation that would add annuities to Americans’ retirement plans, Financial Planning reported. The bill, known as the LIFE (Lifetime Income for Employees) Act, would let companies make annuities the default …

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Wellmark selects Principal as its retirement and income plan provider

Principal Financial Group announced it has been selected by Wellmark as its retirement and income plan provider. Principal will help Wellmark to continue to provide its 1,800 employees in Iowa and South Dakota with tools …

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Judge backs Lee Enterprises rejection of hedge fund nominees

Associated Press: Lee Enterprises’ effort to repel a hostile takeover got a boost this week when a judge ruled the newspaper publisher could ignore two board nominations from the hedge fund Alden Global Capital. But Alden …

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Young named CFO of F&G

Des Moines-based life and annuity company F&G announced it has appointed Wendy JB Young as chief financial officer. Most recently, Young was chief risk officer for F&G, where she has worked since 2000. “Wendy brings extensive industry experience and …

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12 Iowa advisers named to Forbes Top Women Wealth Advisors

Twelve Iowa women wealth advisers were featured recently among Forbes’ sixth annual Top Women Wealth Advisors on the Best-in-State list for Iowa. Deniz Franke, franchise owner of Franke Miller Group, a private wealth advisory practice of Ameriprise …

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AMA survey: 34% of physicians say prior authorizations harmed patients

Health insurance companies require prior authorization for certain medical procedures, treatments or drugs as a cost-saving measure, but excessive insurer-imposed approval processes can actually increase health costs for employers, according to the American Medical Association. …