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Insurance

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U of I study: When stock analysts don’t know, they guess

By Tom Snee
University of Iowa 

When stock analysts aren’t sure how to assess the earnings of a hard to value firm, they often just predict those earnings will follow the general trend of the market, …

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Moody’s warns U.S. credit rating could be cut

Moody’s Investors Services warned that the United States could lose its top credit rating if lawmakers can’t come to an agreement on how to reduce the percentage of debt to gross domestic product during budget…
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Iowa bankers association elects officers

Steve Goodenow, CEO and chairman of Bank Midwest in Spirit Lake, has been elected chairman of board of the Iowa Bankers Association. He and other new officers and directors will assume their roles during the …

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Two Iowa CPA firms to merge

Gegner Co. P.C., a Johnston-based certified public accounting firm, will merge with Bergan, Paulsen & Co. P.C. of Waterloo. The merger, effective Jan. 1, will provide a Central Iowa presence for Bergan Paulsen, one of …

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Federal Reserve stimulus could be announced as soon as this week

The Federal Reserve this week looks set to launch a third round of bond purchases to try to drive borrowing costs lower and breathe life into the economy, Reuters reported.

Economists said a weak report …

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BERKO: He’s bullish on health insurers

Dear Mr. Berko:

We are going to cash in a SunAmerica annuity in which we invested $60,000 in 2006 and should get a check for about $51,000, and that really angered us because the broker …

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A Closer Look: Nick Gerhart

Nick Gerhart was appointed by Gov. Terry Branstad in June to become Iowa’s next insurance commissioner. He will succeed Susan Voss, who will retire at the end of this year. Gerhart was significantly involved in …

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BERKO: Don’t replace Genuine Auto Parts with an annuity

Dear Mr. Berko:

In March 2009, I bought 400 shares of Genuine Parts Co. at $27 because it paid a 6 percent dividend, and I also figured that more Americans would own their cars longer …

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BERKO: Publicly traded sports teams not a winner for investors

Dear Mr. Berko:

I placed an order to buy 2,000 shares of Manchester United when it went public at $14. My broker and I had thought it would be very difficult to get because the …

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How will the health-care overhaul change Iowa’s insurance landscape?

About 12 percent of Iowa’s population does not have health insurance coverage. For the majority of Iowans who do have coverage, premiums have increased at an average rate of 10 percent annually for the past …

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