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Insurance

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Feds delay new health summary of benefits requirement

The U.S. Department of Labor said Monday that it has delayed a deadline for providing new summary of benefits and coverage statements to group health plan members under new federal health care rules, Business Insurance reported. The …

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Iowa’s insurance regulator joins international association

Iowa Insurance Commissioner Nick Gerhart announced Friday that the Iowa Insurance Division has signed a memorandum of understanding with the International Association of Insurance Supervisors. Through the membership, the division is able to exchange relevant …

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Early registration for Global Insurance Symposium ends March 31

Early-bird registrations are being accepted through March 31 for the 2015 Global Insurance Symposium to be held May 26-28 at the Des Moines Marriott Downtown. The second annual event will provide a forum for insurance …

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Miles on Money: The less-than-patient Fed

The Federal Reserve has run out of patience. Since December, the Federal Open Market Committee’s statement following each meeting has included the phrase “the committee judges that it can be patient in beginning to normalize …

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BEA: Iowa ranked 49th in personal income growth

First, the bad news. Iowa’s 1.3 percent growth in personal income in 2014, over the year before, ranked next to last in the nation, the U.S. Bureau of Economic Analysis reported. Only Nebraska was worse, at 0.5 …

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IFA offers tax break for first-time home buyers

The Iowa Finance Authority today announced that eligible first-time Iowa home buyers are eligible for a federal income tax break of up to $2,000 per year for the life of their mortgage. Approximately 400 Iowa …

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Windstream board gives final approval to public REIT spinoff

Windstream Holdings Inc. said today that its board of directors has given final approval or the tax-free spinoff of select telecommunications network assets into Communications Sales & Leasing Inc., which will become an independent publicly …

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U.S. Bank taking applications for scholarships

U.S. Bank is offering current and prospective college students the opportunity to earn a $5,000 scholarship though the U.S. Bank Financial Genius Scholarship Program. To participate, applicants are required to complete eight online learning modules …

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Iowa credit unions grew in fourth quarter

Iowa’s 107 credit unions finished 2014 with gains in lending and membership.

 

Fourth-quarter overall loan growth was 1.9 percent, bringing the 2014 increase to 12.1 percent, the Iowa Credit Union League reported. New vehicle loans were …

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Veridian Credit Union names new CEO

 

Monte Berg

The board of directors of Veridian Credit Union has named Monte Berg, currently senior vice president of finance, as its new CEO. He succeeds Jean Trainor, who announced in August 2014 that she …

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