The Wall Street Transcript > Search > Interview Excerpt

Recent Reports


2012-01-09: Northeast and Mid-Atlantic Banks Report
4 leading Analysts; and top management from 5 Sector Firms examine this industry.
Order this Report
More Information

2011-08-22: REITs Report
4 leading Analysts; 3 Money Managers; and top management from 3 Sector Firms examine this industry.
Order this Report
More Information

2011-08-08: US Banking Report: An Investor's Guide
In Depth Review of the US Banking Industry featuring 33 leading Analysts; and top management from 18 Sector Firms
Order this Report
More Information

2011-07-25: Insurance Report
7 leading Analysts; and top management from 6 Sector Firms examine this industry.
Order this Report
More Information

2011-03-21: S&L's, Investment Banks and Asset Management Report
10 leading Analysts; and top management from 12 Sector Firms examine this industry.
Order this Report
More Information

2011-03-07: Pacific and Southwest Banks
6 leading Analysts; and top management from 1 Sector Firm examine this industry.
Order this Report
More Information

2011-02-07: Southern and Midwestern Banks Report
6 leading Analysts; and top management from 4 Sector Firms examine this industry.
Order this Report
More Information

2011-02-07: REITs Report
5 leading Analysts; and top management from 3 Sector Firms examine this industry.
Order this Report
More Information

2011-01-10: Northeast and Mid-Atlantic Banks Report
7 leading Analysts; and top management from 1 Sector Firm examine this industry
Order this Report
More Information

2010-08-23: REITs Report
6 leading Analysts; 3 Money Managers; and top management from 2 Sector Firms examine this vital industry in this 56 page report from The Wall Street Transcript.
Order this Report
More Information

2010-06-28: S&L, Investment Bank and Asset Management Report
7 leading Analysts; and top management from 3 Sector Firms examine this vital industry in this 26 page report from The Wall Street Transcript.
Order this Report
More Information

2010-05-17: Northeastern & Mid-Atlantic Regional Banks Report
2 leading Analysts; and top management from 4 Sector Firms examine this vital industry in this 37 page report from The Wall Street Transcript.
Order this Report
More Information

2010-05-17: Insurance Report
6 leading Analysts; and top management from 7 Sector Firms examine this vital industry in this 43 page report from The Wall Street Transcript.
Order this Report
More Information

2010-04-05: Southern & Midwestern Regional Banks Report
2 expert Roundtable Panels; 1 leading Analyst; and top management from 8 Sector Firms examine this vital industry in this 55 page report from The Wall Street Transcript.
Order this Report
More Information

2010-03-08: Pacific & Southwest Regional Banks Report
6 leading Analysts; and top management from 3 Sector Firms examine this vital industry in this 37 page report from The Wall Street Transcript.
More Information
Order this Report

2010-02-08: REITs Report
5 leading Analysts; and top management from 6 Sector Firms examine this vital industry in this 47 page report from The Wall Street Transcript.
More Information
Order this Report

2009-12-07: China & Japan Report
3 leading Analysts; 10 Money Managers; and top management from 14 Sector Firms examine this vital industry in this 132 page report from The Wall Street Transcript.
More Information
Order this Report

10.05.09: Northeast & Mid-Atlantic Regional Banks Report
2 roundtable forums, 5 analysts, and 14 sector firms examine the Northeast and Mid-Atlantic Regional Banking sector in this 121 page report from The Wall Street Transcript.
More Information
Order this Report

09.21.09: Medical Real Estate: Healthcare REITs, Long-Term Care Facilities & Hospitals Report
3 analysts and 6 sector firms examine the medical real estate segment in this 45 page report from The Wall Street Transcript.
More Information
Order this Report

Search TWST Online

TWST Newsletter

Give us your email address and receive the TWST Newsletter.


Company Interview Excerpt
JAMES NOYCE - FBL FINANCIAL GROUP INC (FFG)


Full article published: 01/14/2002


For Subscribers
Get this article online now!
Order just this article
TWST: Could we start with a brief overview of the history and evolution of FBL Financial Group, Inc.?
Mr. Noyce: FBL Financial Group itself, which is the publicly traded holding company, it's traded on the New York Stock Exchange, was formed, I believe, in 1993. It was really created when two Farm Bureau affiliated life insurance carriers were being consolidated, one being Farm Bureau Life Insurance Company, and Farm Bureau Life Insurance Company at the time operated in six states. The other was Western Farm Bureau Life Insurance Company. Western Farm Bureau Life, although a smaller company, operated in eight states. So through that consolidation the two entities combined became a 14-state operation and the transaction itself occurred through a stock exchange of the owners of Farm Bureau Life and the owners of Western Farm Bureau Life receiving ownership in FBL Financial Group. So, at that point in time, FBL Financial Group was privately owned by these Farm Bureau related entities, either Farm Bureau federations or affiliated property/casualty companies. In 1996, for a variety of reasons, FBL Financial Group made a decision to go public and did so in 1996, did a public offering of its stock. The Farm Bureau entities still are significant owners ' in fact, in total own about 70% of the stock ' and then the other 30% is now traded on the New York Stock Exchange. If you want further history, the entity of Farm Bureau Life Insurance Company actually goes back to the mid-1940s as a life insurance carrier that was created mainly to provide life insurance products to rural Farm Bureau members. At that time, life insurance was not as available to the people in the Midwest, rural United States, so that was one of the main reasons the Farm Bureau affiliated insurance companies were established. And that still is a very significant purpose for them today is to provide those financial services, life insurance, etc., to the Farm Bureau membership.

 

Tickers included in this excerpt: FFG

 

For more information call (212) 952 7433. The Wall Street Transcript does not endorse any of the comments made by interviewees, and does not make stock recommendations.