Archive for November 2010
Wellmark seeks 10.8 percent premium increase
Citing continued increases in health-care costs, Wellmark Blue Cross and Blue Shield is seeking a 10.8 percent premium increase for the majority of its individual policyholders in Iowa next spring.
If Wellmark’s request is approved …
Read MoreGolf pros rank Principal Charity Classic tops
The Champions Tour has named the Principal Charity Classic as the No. 1 stop for Champions Tour golf professionals. The event received the Players Award for the 2010 tournament at the tour’s recent annual awards …
Read MoreG-20 rebuffs U.S. on China currency dispute
Leaders of the world’s 20 major economies today refused to endorse a U.S. push to get China to let its currency rise, keeping alive a dispute that has raised the specter of a global trade …
Read MoreING to lay off 400 in pre-IPO move
ING Groep NV began laying off 400 people in its U.S. insurance operations on Wednesday, as it prepares to sell the unit in an initial public offering. The cuts, which in Des Moines will include …
Read MoreFed: Banks must pass stress test to raise dividends
Federal Reserve Governor Daniel Tarullo said this morning that banks seeking to increase dividends will be required to undergo a stress test showing they would have sufficient capital for two years. Concerns that bank capital …
Read MorePostal Service posts $8.5 billion loss
The U.S. Postal Service said its annual loss widened to $8.5 billion in the year ended Sept. 30, exceeding its forecast, as the volume of mail declined. Revenue fell 1.5 percent to $67.1 billion for …
Read MoreIowa Association for Justice elects leadership
The Iowa Association for Justice (IAJ) elected Alan Olson of the Olson Law Firm in Des Moines as the association’s 38th president during its annual convention on Nov. 4-5. Among other appointments of Greater Des …
Read MoreFraser receives Executive MBA Council award
John Fraser, director of the University of Iowa Executive MBA Program, has received the 2010 Bud Fackler Service Award from the Executive MBA Council. The award recognizes contributions to the Executive MBA Council and to …
Read MoreA Closer Look: Ben Hess
The Business Record takes a closer look at Ben Hess, a vice president and regional director with Wealth Enhancement Group.…
Read MoreUrban 515: Kari Lantz
Kari Lantz, co-founder of Urban 515, talks about the launch of her company and the relationships it wants to build among local businesses and savvy consumers. Business Record reporter Todd Razor caught up with Lantz …
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