AABP EP Awards 728x90

Insurance

14333

BERKO: Silver certificate claim a scam

Dear Mr. Berko:

Several months ago, we bought 1,000 U.S. $1 silver certificates, printed way back in 1935, when each of them was convertible into $1 of silver on demand. We know that they are …

14334

BERKO: Jan. 1, 2013, and taxes

Dear Mr. Berko:

Back in July, you wrote that the country would fall off a financial cliff if the Bush tax cuts were not extended by Congress. You predicted that the market would crash, that …

DSC 6869

Senate Banking Committee economist to speak at Iowa State

Mike Piwowar, Republican chief economist for the Senate Banking Committee, is the fall 2012 speaker for the Robert Stafford Lecture Series on Banking in Iowa State University’s College of Business.

Piwowar will present on “Financial …

DSC 6869

Bankers Financial Services makes acquisition

Bankers Financial Services LLC in West Des Moines, which specializes in providing market-linked certificate of deposit (CD) programs for banks, has acquired Powered CD Inc. of Lakewood, Colo., and its Index Powered CD program.

More …

DSC 6869

Insured losses from Sandy could reach $15 billion

As the East Coast begins picking up the pieces from Hurricane Sandy, insurance experts are making their best guesses as to what insured losses may total.

AIR Worldwide Corp., a catastrophe modeling firm, said late …

DSC 6869

Federal Home Loan Bank of Des Moines reports gain in net income

The Federal Home Loan Bank of Des Moines reported net income of $18.1 million for the quarter ended Sept. 30, compared with a loss of $0.6 million for the same period last year.

For the …

DSC 6869

A CEO funk: Margins tighten

The heads of U.S. companies are finding fewer costs to cut, sending profit margins into the first 12-month contraction since 2009 and leaving investors increasingly dependent on economic growth to boost stocks, Bloomberg reported.

Companies …

DSC 6869

Convicted exec to talk about his fraud

Weston Smith, former chief financial officer at HealthSouth Corp., a Fortune 500 company, will present “Crossing the Line: An Insider’s Story of the HealthSouth Fraud” at 7 p.m. Thursday at Drake University’s Sheslow Auditorium. During …

DSC 6869

Waiting out hurricane, companies put earnings releases on hold

A number of companies have delayed their earnings reports as Hurricane Sandy threatens the Northeast, MarketWatch reported. Among them are New York-based Pfizer Inc., which delayed its report to Thursday from Tuesday, New Orleans-based Entergy …

DSC 6869

Prepare for health insurance sticker shock

Over the next 18 months, between one-quarter and one-half of Americans who get insurance coverage through their employers will pay more of their doctor bills themselves as companies roll out health-care plans with higher deductibles, …