Insurance

Fort Dodge-based North Central Bancshares Inc. announced Wednesday that its shareholders approved a plan of merger with Great Western Bancorporation Inc. and 150 Inc.

Shareholders also approved a possible bonus to North Central’s executive officers …

New shareholders of Facebook Inc. filed a lawsuit Wednesday against the social media giant and the underwriters of its initial public offering, Morgan Stanley, Goldman Sachs Group Inc. and JPMorgan Chase & Co.

The lawsuit …

Reuters reported …

Principal Financial Group Inc. announced a new disability insurance option today as a lower-cost option to standard disability products.

Principal says the new basic short-term disability plan is a simpler way for companies to provide …

 Principal Financial Group, Inc. announced Tuesday that it will repurchase up to $200 million of the company’s outstanding common stock.

The company also announced a quarterly dividend of 18 cents per share on its common …

First-quarter U.S. indexed annuity sales were $8 billion, an increase of more than 13 percent from the first quarter of 2011 but a nearly 3 percent decrease from the fourth quarter of 2011, according to …

Wells Fargo & Co. is planning to add to its $444 billion asset-management unit and double its size in seven years, a bank executive told Bloomberg today during the bank’s investors meeting in San Francisco. …

JPMorgan Chase & Co. has suspended repurchases of its stock while it tries to get out of money-losing derivatives trades that have cost it at least $2 billion, CEO Jamie Dimon said today, Reuters reported.…

William Krause, chairman of Kum & Go LC, has retired from the Petroleum Marketers Management Insurance Co. (PMMIC) board, the Urbandale-based company said today. In honor of his retirement, a $10,000 contribution was made to …