United Group Insurance

Iowa early News Headlines: Friday, Aug. 16th 2013

News

August 16th, 2013 by Ric Hanson

Here is the latest Iowa news from The Associated Press

RIVERSIDE, Iowa (AP) — State regulators have denied a company’s request to renew its state gambling license for a casino in Sioux City. The City Journal reports the Iowa Racing and Gaming Commission rejected Argosy Sioux City’s license request but didn’t set a closing date for the company’s floating casino. The commission will let the casino remain open while owner Penn National Gaming Company appeals its earlier rulings.

OMAHA, Neb. (AP) — A new report suggests that healthy economic growth slowed down this month in rural areas of 10 Midwest states. Creighton University economist Ernie Goss oversees the monthly survey of rural bankers from Omaha. He says lower commodity prices are dampening the current outlook for the farm economy.

DES MOINES, Iowa (AP) — Iowa’s insurance regulator has approved the acquisition of West Des Moines-based AvivaUSA and subsidiaries by Athene Holding Limited. Iowa Insurance Commissioner Nick Gerhart said yesterday he approved the acquisition with conditions which prohibit Aviva Life from paying dividends or other distributions to shareholders for five years unless previously approved. Aviva will be rebranded Athene USA.

COUNCIL BLUFFS, Iowa (AP) — A 17-year-old Treynor High School student has been charged with third-degree sex abuse and kidnapping in connection with two incidents last November. KETV television reported yesterday the teen is accused in court documents of removing one victim’s clothes and fondling her and refusing to allow her to leave his pickup truck. The Associated Press generally doesn’t name juveniles accused of a crime or their family members.