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Insurance

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How they did it: Selling the business

For an entrepreneur who has worked decades to build his or her business, the prospect of letting go and selling the company can be a difficult one. Let’s face it: You’re giving up the baby …

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Dwolla payments to be used by derivatives exchange

Digital payment network Dwolla Inc. has struck a deal with derivatives exchange CME Group Inc. that will allow the exchange’s users to send and receive collateral payments in real time throughout the trading day, Bloomberg reported. The …

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Wallace elected chair of Property Casualty Insurers Association board

Jim Wallace, chairman, president and CEO of GuideOne Mutual Insurance Co., was elected chair of the Property Casualty Insurers Association of America Board of Governors on Tuesday during the association’s annual meeting in Hollywood, Fla. …

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Marketplace plan costs expected to rise 12.8 percent in Iowa

Iowans who purchase health insurance through the federal health insurance marketplace will on average see a 12.8 percent increase for the benchmark Silver plan, according to data released Monday by the U.S. Department of Health and Human …

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Marsh & McLennan profits grew in third quarter

Marsh & McLennan Cos. Inc. reported net income for the quarter that ended Sept. 30 of $323 million, or 61 cents per share, compared with $297 million, or 54 cents per share, in the prior …

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DuPont expects 11 percent drop in full-year sales

Chemicals and seed producer DuPont Co. said it expects full-year sales to fall by 11 to 12 percent, hurt by a strong dollar and weak demand for pesticides and insecticides, particularly in Brazil, Reuters reported. DuPont, which …

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AmeriHealth Caritas Iowa names Harding market president

Medicaid managed health care plan AmeriHealth Caritas Iowa has named Cheryl Harding as its market president. AmeriHealth Caritas Iowa is one of four managed care plans recently selected to serve Iowa Medicaid beneficiaries as part of the…
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Principal net income up 25 percent in third quarter

Principal Financial Group Inc. on Thursday reported a 25 percent increase in third-quarter net income compared with the third quarter of 2014 on a 27 percent year-over-year increase in operating revenues. Net income available to …

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PMMIC launches commercial insurance agency

Petroleum Marketers Management Insurance Co., a leading provider of underground storage tank insurance based in Urbandale, announced that it has launched R&A Risk Professionals, a full-service agency specializing in commercial insurance. R&A provides coverage for a wide …

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Lisa Smith voted to head WDM investment groups

  Mike Sherzan Lisa Smith

Lisa M. Smith has been elected president and CEO of Broker Dealer Financial Services Corp., Investment Advisors Corp. and Bankers Financial Services Corp., the firms’ parent company BDFSC Holdings Corp., …