$FFG News

Last published 5y ago

5y agoFFGAM Best Affirms Credit Ratings of Farm Bureau Life Insurance CompanyBusiness WireAM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of "a+" (Excellent) of Farm Bureau Life Insurance Company (FBL). Concurrently, AM Best has affirmed the Long-Term ICR of "bbb+" (G
5y agoFFGFarm Bureau Property & Casualty Completes Take-Private Transaction With FBL Financial GroupBusiness WireFarm Bureau Property & Casualty Insurance Company ("FBPCIC") today announced that it has completed its transaction with FBL Financial Group, Inc. (NYSE:FFG) ("FBL Financial Group" or "the Company"). Under the terms of the previously announced agreement,
5y agoFFGFBL Financial Group Shareholders Approve Transaction with Farm Bureau Property & Casualty Insurance CompanyBusiness WireFBL Financial Group, Inc. (NYSE:FFG) ("FBL Financial Group" or "the Company") today announced that, based on the preliminary voting results from a special meeting of shareholders held today, FBL Financial Group's shareholders have approved the previousl
5y agoFFGFBL Financial Group Reports First Quarter 2021 ResultsBusiness WireCompany Highlights First quarter 2021 net income attributable to FBL Financial Group of $27.7 million, or $1.13 per diluted common share. First quarter 2021 adjusted operating income(1) of $23.5 million, or $0.96 per diluted common share.
5y agoFFGFarm Bureau Property & Casualty and FBL Financial Group Amend Merger AgreementBusiness WireFBPCIC and IFBF to Take FBL Financial Group Private for $61 Per Share in Cash Farm Bureau Property & Casualty Insurance Company ("FBPCIC") and FBL Financial Group, Inc. (NYSE:FFG) ("FBL Financial Group" or "the Company") today announced that they hav
5y agoFFGFBL Financial Group Announces Adjournment of Special Meeting of Shareholders to May 21Business WireFBL Financial Group, Inc. (NYSE:FFG) ("FBL Financial Group" or "the Company") today convened and then adjourned the Special Meeting of Shareholders of the Company (the "Special Meeting") to approve, among other things, the proposal to adopt the definiti
5y agoFFGIndependent Proxy Advisory Firm Egan-Jones Joins Glass Lewis in Recommending that FBL Financial Group Shareholders Vote "FOR" Proposed Transaction with Farm Bureau Property & Casualty Insurance CompanyBusiness WireMajority of Independent Proxy Advisory Firms Recommend Shareholders Vote FOR the Proposed Transaction FBL Financial Group, Inc. (NYSE:FFG) ("FBL Financial Group" or "the Company") today announced that independent proxy advisory firm Egan-Jones Proxy
5y agoFFGFBL Financial Group Completes Regulatory Approval Process for Proposed Transaction with Farm Bureau Property & Casualty Insurance CompanyBusiness WireFBL Financial Group Special Committee Reminds Shareholders to Vote "FOR" the Proposed Transaction on the WHITE Proxy Card FBL Financial Group, Inc. (NYSE:FFG) ("FBL Financial Group" or "the Company") today announced that it has received the necessary
5y agoFFGCapital Returns Calls on FBL to Negotiate Higher Price in Transaction with FBPCICGlobeNewswireCriticizes FBL's Dismissive Response to ISS Recommendation AGAINST Transaction Urges Shareholders to Vote AGAINST Transaction NEW YORK, April 23, 2021 (GLOBE NEWSWIRE) -- Capital Returns Management, LLC (together with its affiliates, "Capital Ret
5y agoFFGFBL Financial Group Special Committee Sends Letter to Shareholders Regarding Proposed Transaction With Farm Bureau Property & Casualty Insurance CompanyBusiness WireLeading Proxy Advisory Firm Glass Lewis Recommends FBL Shareholders Vote "FOR" Proposed Transaction Special Committee Urges Shareholders to Vote "FOR" the Proposed Transaction on the WHITE Proxy Card to Lock In Compelling, Certain Value FBL Financ
5y agoFFGCapital Returns Welcomes ISS Recommendation for FBL Financial Shareholders to Vote AGAINST MergerGlobeNewswireIn recommending AGAINST the transaction ISS agreed with Capital Returns that the process was suboptimal, the valuation is uncompelling, and the downside risk to rejecting the transaction is low. NEW...
5y agoFFGFBL Financial Group Receives Insurance Regulatory Clearance for Proposed Transaction with Farm Bureau Property & Casualty Insurance CompanyBusiness WireWEST DES MOINES, Iowa--(BUSINESS WIRE)--FBL Financial Group, Inc. (NYSE: FFG) (“FBL Financial Group” or “the Company”) today announced that the Iowa Insurance Division (the “Division”) has completed its review of the proposed acquisition by Farm Bureau Property & Casualty Insurance Company (“FBPCIC”) of all of the outstanding shares of FBL Financial Group Class A and Class B common stock, excludin ...
5y agoFFGFBL Financial Group Files Investor PresentationBusiness WireWEST DES MOINES, Iowa--(BUSINESS WIRE)--FBL Financial Group, Inc. (NYSE: FFG) (“FBL Financial Group” or “the Company”) today filed a presentation regarding the previously announced transaction pursuant to which Farm Bureau Property & Casualty Insurance Company (“FBPCIC”) will acquire all of the outstanding shares of FBL Financial Group Class A and Class B common stock, excluding shares owned by FB ...
5y agoFFGCapital Returns Issues Investor Presentation on FBL Financial MergerGlobeNewswireNEW YORK, April 06, 2021 (GLOBE NEWSWIRE) -- Capital Returns Management, LLC (together with its affiliates, “Capital Returns”), one of the top 10 beneficial owners of FBL Financial Group, Inc....
5y agoFFGFBL Financial Group Special Committee Sends Letter to ShareholdersBusiness WireWEST DES MOINES, Iowa--(BUSINESS WIRE)--FBL Financial Group, Inc. (NYSE: FFG) (“FBL Financial Group” or “the Company”) today sent a letter to shareholders urging them to vote “FOR” the previously announced definitive agreement under which Farm Bureau Property & Casualty Insurance Company will acquire all of the outstanding shares of FBL Financial Group Class A and Class B common stock, excluding s ...
5y agoFFGUPDATE: Capital Returns Management Files Definitive Proxy Statement and Issues Letter to FBL Financial ShareholdersGlobeNewswireArgues Proposal to Sell FBL Financial is Inadequate Result of Flawed Sales Process Contends that Higher Price is Justified, Necessary and Likely Urge Shareholders to Vote on the GOLD...
5y agoFFGCapital Returns Management Files Definitive Proxy Statement and Issues Letter to FBL Financial ShareholdersGlobeNewswireArgues Proposal to Sell to Farm Bureau Financial is Inadequate Result of Flawed Sales Process Contends that Higher Price is Justified, Necessary and Likely Urge Shareholders to Vote on the GOLD...
5y agoFFGFBL Financial Group Special Committee Sends Letter to ShareholdersBusiness WireWEST DES MOINES, Iowa--(BUSINESS WIRE)--FBL Financial Group, Inc. (NYSE: FFG) (“FBL Financial Group” or “the Company”) today sent a letter to shareholders urging them to vote “FOR” the previously announced definitive agreement under which Farm Bureau Property & Casualty Insurance Company (“FBPCIC”) will acquire all of the outstanding shares of FBL Financial Group Class A and Class B common stock, ...
5y agoFFGFBL Financial Group Increases Quarterly Cash DividendBusiness WireWEST DES MOINES, Iowa--(BUSINESS WIRE)--FBL Financial Group, Inc. (NYSE: FFG) today announces that its Board of Directors has declared a quarterly cash dividend of $0.52 per share, payable on March 31, 2021 to Class A and Class B common stockholders of record as of March 15, 2021. This represents a 4.0% increase from the prior quarterly dividend of $0.50 per share paid in December 2020.
5y agoFFGFBL Financial Group Reports Fourth Quarter and Full Year 2020 ResultsBusiness WireWEST DES MOINES, Iowa--(BUSINESS WIRE)--FBL Financial Group, Inc. (NYSE: FFG) today reported net income attributable to FBL Financial Group for the fourth quarter of 2020 of $27.8 million, or $1.14 per diluted common share, compared to net income of $34.7 million, or $1.40 per diluted common share, for the fourth quarter of 2019. Adjusted operating income(1) totaled $27.3 million, or $1.11 per com ...
5y agoFFGFBL Financial Group Schedules Fourth Quarter 2020 Earnings Release DateBusiness WireWEST DES MOINES, Iowa--(BUSINESS WIRE)--FBL Financial Group, Inc. (NYSE: FFG) will announce its fourth quarter 2020 earnings approximately 15 minutes after the close of the market on Thursday, February 4, 2021. The fourth quarter earnings release and financial supplement will be posted on the FBL Financial Group website (www.fblfinancial.com) at that time.
5y agoFLIR CRSA FFG WTREMoore Kuehn Encourages FLIR, CRSA, FFG, and WTRE Investors to Contact Law FirmPR NewswireMoore Kuehn, PLLC, a law firm focusing in securities litigation located on Wall Street in downtown New York City, is investigating potential claims...
5y agoFFGFarm Bureau Property & Casualty and Iowa Farm Bureau Federation to Take FBL Financial Group Private for $56.00 Per ShareBusiness WireWEST DES MOINES, Iowa--(BUSINESS WIRE)--Farm Bureau Property & Casualty Insurance Company (“FBPCIC”) and FBL Financial Group, Inc. (NYSE: FFG) (“FBL Financial Group” or “the Company”) today announced that they have reached a definitive agreement under which FBPCIC will acquire all of the outstanding shares of FBL Financial Group Class A and Class B common stock that neither FBPCIC nor the Iowa Far ...
5y agoFFGCapital Returns Management Sends Letter to Special Committee of the Board of Directors of FBL Financial Group Calling on the Committee to Reject the Grossly Inadequate Take Private Proposal from Farm Bureau Property and Casualty Insurance CompanyPR NewswireCapital Returns Management, LLC (together with its affiliates, "Capital Returns"), one of the top 10 beneficial owners of FBL Financial Group, Inc....
5y agoFFGFBL Financial Group Declares Quarterly DividendBusiness WireWEST DES MOINES, Iowa--(BUSINESS WIRE)--FBL Financial Group, Inc. (NYSE: FFG) today announces that its Board of Directors declared a quarterly cash dividend of $0.50 per share to owners of Class A and Class B common stock. The dividend will be payable on December 31, 2020 to shareholders of record as of December 15, 2020.
6y agoFFGFBL Financial Group Reports Third Quarter 2020 ResultsBusiness WireWEST DES MOINES, Iowa--(BUSINESS WIRE)--FBL Financial Group, Inc. (NYSE: FFG) today reported net income attributable to FBL Financial Group for the third quarter of 2020 of $21.0 million, or $0.85 per diluted common share, compared to net income of $25.1 million, or $1.01 per diluted common share, for the third quarter of 2019. Adjusted operating income(1) totaled $19.8 million, or $0.80 per commo ...
6y agoFFGFarm Bureau Financial Services Doubles Wealth Management Staff Over Last Twelve MonthsPR NewswireFarm Bureau Financial Services, a provider of insurance and financial services in 14 states, continues to invest in and grow its Wealth Management...
6y agoFFGFBL Financial Group Announces Special Committee Retention of Legal Counsel and Financial AdvisorBusiness WireWEST DES MOINES, Iowa--(BUSINESS WIRE)--FBL Financial Group, Inc. (NYSE: FFG) (the “Company”) announced today that its Special Committee of the Board of Directors of the Company has retained Sidley Austin LLP as its legal counsel and Barclays Capital Inc. as its financial advisor in connection with its review, evaluation and response to the non-binding proposal (the “Proposal”) received by the Com ...
6y agoFFGFBL Financial Group Schedules Third Quarter 2020 Earnings Release Date, Conference Call and WebcastBusiness WireWEST DES MOINES, Iowa--(BUSINESS WIRE)--FBL Financial Group, Inc. (NYSE: FFG) will announce its third quarter 2020 earnings approximately 15 minutes after the close of the market on Thursday, November 5, 2020. The third quarter earnings release and financial supplement will be posted on the FBL Financial Group website (www.fblfinancial.com) at that time.
6y agoFFGFarm Bureau Property & Casualty Insurance Company Proposes to Acquire Public Minority Stake in FBL Financial Group for $47.00 Per Share in CashBusiness WireWEST DES MOINES, Iowa--(BUSINESS WIRE)--Farm Bureau Property & Casualty Insurance Company (FBPCIC) announced today that it has proposed to acquire all of the outstanding shares of Class A common stock and Class B common stock of FBL Financial Group, Inc. (NYSE: FFG) that are not currently owned by it or the Iowa Farm Bureau Federation (IFBF) at a purchase price of $47.00 per share in cash.
6y agoFFGFBL Financial Group Announces Receipt of Proposal to Acquire Public Minority StakeBusiness WireWEST DES MOINES, Iowa--(BUSINESS WIRE)--FBL Financial Group, Inc. (NYSE: FFG) (the “Company”) announces today that it has received a non-binding proposal dated September 4, 2020 (the “Proposal”) from Farm Bureau Property & Casualty Insurance Company (“FBPCIC”) to acquire all of the outstanding shares of Class A common stock and Class B common stock of the Company that are not currently owned by FB ...
6y agoFFGFBL Financial Group to Present at Investor Conferences in SeptemberBusiness WireWEST DES MOINES, Iowa--(BUSINESS WIRE)--FBL Financial Group, Inc. (NYSE: FFG) today announced that it will participate in two investor conferences in September.
6y agoFFGFBL Financial Group Declares Quarterly DividendBusiness WireWEST DES MOINES, Iowa--(BUSINESS WIRE)--FBL Financial Group, Inc. (NYSE: FFG) today announces that its Board of Directors declared a quarterly cash dividend of $0.50 per share to owners of Class A and Class B common stock. The dividend will be payable on September 30, 2020 to shareholders of record as of September 15, 2020.
6y agoFFGFBL Financial Group Reports Second Quarter 2020 ResultsBusiness WireWEST DES MOINES, Iowa--(BUSINESS WIRE)--FBL Financial Group, Inc. (NYSE: FFG) today reported net income attributable to FBL Financial Group for the second quarter of 2020 of $26.2 million, or $1.06 per diluted common share, compared to net income of $32.3 million, or $1.30 per diluted common share, for the second quarter of 2019. Adjusted operating income(1) totaled $25.3 million, or $1.02 per com ...
6y agoFFGAngelina Dietz-Robinson joins Farm Bureau Financial Services as Wealth Management Advisor with $172 Million in Assets Under ManagementPR NewswireFarm Bureau Financial Services today announced the hiring of Angelina "Angie" Dietz-Robinson as a Wealth Management Advisor. Angie joins Farm Bureau...
6y agoFFGFBL Financial Group Schedules Second Quarter 2020 Earnings Release Date, Conference Call and WebcastBusiness WireWEST DES MOINES, Iowa--(BUSINESS WIRE)--FBL Financial Group, Inc. (NYSE: FFG) will announce its second quarter 2020 earnings approximately 15 minutes after the close of the market on Thursday, August 6, 2020. The second quarter earnings release and financial supplement will be posted on the FBL Financial Group website (www.fblfinancial.com) at that time.
6y agoFFGAM Best Affirms Credit Ratings of Farm Bureau Life Insurance CompanyBusiness WireOLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a+” of Farm Bureau Life Insurance Company (FBL). Concurrently, AM Best has affirmed the Long-Term ICR of “bbb+” of FBL Financial Group Inc. [NYSE: FFG], the holding company of FBL. The outlook of these Credit Ratings (ratings) is stable. Bot ...
6y agoFFGJeffrey A. Whitehead to Join FBL Financial Group as Chief Investment OfficerBusiness WireWEST DES MOINES, Iowa--(BUSINESS WIRE)--FBL Financial Group, Inc. (NYSE: FFG) announced today that Jeffrey A. (Jeff) Whitehead will join the company as Chief Investment Officer on June 15, 2020. In this role, Whitehead will be a member of FBL’s management team and have overall responsibility for managing the company’s investment policy and strategy. Whitehead is replacing Charles T. Happel, who is ...
6y agoFFGFBL Financial Group Declares Quarterly DividendBusiness WireWEST DES MOINES, Iowa--(BUSINESS WIRE)--FBL Financial Group, Inc. (NYSE: FFG) today announces that its Board of Directors declared a quarterly cash dividend of $0.50 per share to owners of Class A and Class B common stock. The dividend will be payable on June 30, 2020 to shareholders of record as of June 15, 2020.
6y agoFFGFBL Financial Group Provides Additional Information Regarding Its 2020 Annual Meeting of ShareholdersBusiness WireWEST DES MOINES, Iowa--(BUSINESS WIRE)--FBL Financial Group, Inc. (NYSE: FFG) (the “Company”) announces today that due to ongoing concerns relating to the coronavirus (COVID-19), the Company’s Class A common shareholders will be able to participate in the Company’s 2020 Annual Meeting of Shareholders virtually, via live audio webcast. As previously announced, the Company’s 2020 Annual Meeting will ...
6y agoFFGFBL Financial Group Schedules First Quarter 2020 Earnings Release Date, Conference Call and WebcastBusiness WireWEST DES MOINES, Iowa--(BUSINESS WIRE)--FBL Financial Group, Inc. (NYSE: FFG) will announce its first quarter 2020 earnings approximately 15 minutes after the close of the market on Thursday, May 7, 2020. The first quarter earnings release and financial supplement will be posted on the FBL Financial Group website (www.fblfinancial.com) at that time.
6y agoFFGFBL Financial Group Presents 2019 Annual ReportBusiness WireWEST DES MOINES, Iowa--(BUSINESS WIRE)--FBL Financial Group, Inc. (NYSE: FFG) today announced that its 2019 annual report to shareholders is now available on its website at www.fblfinancial.com. FBL Financial Group’s online annual report features a video greeting and letter to shareholders from Chief Executive Officer Daniel D. Pitcher as well as a financial review and video commentary by Chief Fi ...
6y agoFFGFBL Financial Group Increases Quarterly Cash Dividend, Declares Special Cash Dividend and Names New DirectorBusiness WireWEST DES MOINES, Iowa--(BUSINESS WIRE)--FBL Financial Group, Inc. (NYSE: FFG) today announces a 4.2% increase in its quarterly cash dividend to $0.50 per share, declares a special cash dividend of $1.50 per share and names a new Class B director.
6y agoFFGFBL Financial Group Chief Investment Officer to RetireBusiness WireWEST DES MOINES, Iowa--(BUSINESS WIRE)--FBL Financial Group, Inc. (NYSE: FFG) announced today that Charles T. (Charlie) Happel, Chief Investment Officer, will retire around midyear 2020.
6y agoFFGFBL Financial Group Announces Leadership AppointmentsBusiness WireWEST DES MOINES, Iowa--(BUSINESS WIRE)--FBL Financial Group, Inc. (NYSE: FFG) today announced the appointment of three individuals to its executive management team: Daniel M. (Dan) Koster as Vice President - Marketing & Agency Services; Ronald L. (Ron) Mead as Vice President - Sales & Distribution; and Jay W. Seiboldt as Chief Operating Officer - Property Casualty Companies. They will report direc ...
6y agoFFGFBL Financial Group, Inc. (FFG) CEO Daniel Pitcher on Q4 2019 Results - Earnings Call TranscriptEarnings Call Transcripts
6y agoFFGFBL Financial Group Reports Fourth Quarter and Full Year 2019 ResultsBusiness WireWEST DES MOINES, Iowa--(BUSINESS WIRE)--FBL Financial Group, Inc. (NYSE: FFG) today reported net income attributable to FBL Financial Group for the fourth quarter of 2019 of $34.7 million, or $1.40 per diluted common share, compared to $6.4 million, or $0.26 per diluted common share, for the fourth quarter of 2018. Adjusted operating income(1) totaled $34.8 million, or $1.41 per common share, for ...
6y agoFFGFBL Financial Group Schedules Fourth Quarter 2019 Earnings Release Date, Conference Call and WebcastBusiness WireWEST DES MOINES, Iowa--(BUSINESS WIRE)--FBL Financial Group, Inc. (NYSE: FFG) will announce its fourth quarter 2019 earnings approximately 15 minutes after the close of the market on Thursday, February 6, 2020. The fourth quarter earnings release and financial supplement will be posted on the FBL Financial Group website (www.fblfinancial.com) at that time.
6y agoFFGFBL Financial Group Declares Quarterly DividendBusiness WireWEST DES MOINES, Iowa--(BUSINESS WIRE)--FBL Financial Group, Inc. (NYSE: FFG) today announced that its Board of Directors declared a quarterly cash dividend of $0.48 per share to owners of Class A and Class B common stock. The dividend will be payable on December 31, 2019 to shareholders of record as of December 16, 2019.
6y agoFFGFBL Financial Group's Board of Directors Announces New Chief Executive OfficerBusiness WireWEST DES MOINES, Iowa--(BUSINESS WIRE)--The Board of Directors of FBL Financial Group, Inc. (NYSE: FFG) today announced the appointment of Daniel D. (Dan) Pitcher as Chief Executive Officer and Class A director, effective January 1, 2020. He will succeed current Chief Executive Officer Jim Brannen, who previously announced plans to retire in early 2020.