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Insurance

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Miles on Money: Welcome to the main event

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Berko: Quick economic recoveries are just a happy memory

Dear Mr. Berko: 

I’m a 54-year-old retired social worker who is on disability. I took exception to your presentation in Orlando, Fla., last December. If you had remained longer, I would have challenged your comments …

21602

Berko: What to do with modest income

Dear Mr. Berko: 

I live paycheck to paycheck and have zero savings. I’m a single father of three daughters, and every time my savings reach about $1,000, something comes up and I have to begin …

21584

FBL Chief Actuary Russell Wiltgen passes away

FBL Financial Group Inc. announced the sudden passing of Russell Wiltgen, chief actuary – life companies, in Arizona on Wednesday. Wiltgen, 53, is survived by his wife, Annette.

“This is a shocking loss for our …

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TAG, you’re out

Clients of the largest U.S. banks withdrew funds this month at the fastest weekly pace since the Sept. 11, 2001, attacks as the Transaction Account Guarantee deposit-insurance program ended and customers tapped into their year-end …

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Nebraska’s Nelson to head insurance association

Former Nebraska Sen. Ben Nelson has been named CEO of the National Association of Insurance Commissioners (NAIC). Nelson replaces NAIC acting CEO Andrew Beal, who stepped into the role after former CEO Therese Vaughan left …

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Emily Weikert Memorial Scholarship announced

The West Bancorporation Foundation Inc. and the family of Emily Weikert have announced a $100,000 philanthropic gift that will establish an endowed scholarship in memory of Emily Weikert.

 A 2005 graduate of Valley High School …

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JP Morgan CEO gets 50 percent pay cut

Jamie Dimon, CEO at JPMorgan Chase & Co., will have his pay cut in half after the  bank’s board reviewed his role in $6.2 billion in losses through the company’s chief investment office.

Bloomberg reported that …

21384

Berko: Dump plain-vanilla Invesco

Dear Mr. Berko:

We bought 260 shares of Invesco Ltd. in December 2007 at $31.45, and the stock hasn’t been back there since. We have nine other stocks, but this is the only one we …

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Principal launches critical illness insurance

Principal Financial Group Inc., which exited the health insurance business two years ago, has introduced a critical illness insurance product designed to cover expenses not covered by health insurance. The insurance will be marketed to …

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