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Insurance

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Wells Fargo establishes REIT service group

Wells Fargo & Co. has established a group to provide financial services to publicly traded real estate investment trusts (REITs) that are involved in commercial properties, the Phoenix Business Journal reported.

The REIT Finance Group …

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ARAG named a best place to work in insurance

ARAG named a best place to work in insurance   ARAG, a global provider of legal solutions based in Des Moines, has been ranked at the top in its category of 2011 Best Places to…
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United Way in need of tax assistance volunteers

United Way in need of tax assistance volunteers    United Way of Central Iowa is looking for 200 volunteers to staff seven Volunteer Income Tax Assistance sites during the 2012 tax season, beginning in late…
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North Central Bancshares has slight decrease in net income

North Central Bancshares has slight decrease in net income    North Central Bancshares Inc., holding company for First Federal Savings Bank of Iowa, announced its financial results yesterday for the third quarter. The company had…
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Report: Bank lending supports small businesses

The U.S. financial services industry extended $607 billion in loans to small businesses during the first half of 2011, which was just $45 billion less than the dollar amount of loans it made in all …

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LMC receives Best Practices award

Lamair-Mulock-Condon Co. has been named one of the 2011 Best Practices Agencies by the Independent Insurance Agents & Brokers of America. The West Des Moines-based insurance brokerage was among 208 agencies in the United States …

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Berkshire among financial groups eyed for Fed scrutiny

Warren Buffett’s Berkshire Hathaway Inc. may be on the cusp of getting Federal Reserve oversight under a proposal by regulators that also increases the chances that American International Group Inc.(AIG) and MetLife Inc. will receive …

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Insurance commissioners elect new president

Florida Insurance Commissioner Kevin McCarthy was elected president of the National Association of Insurance Commissioners during the group’s annual conference last Friday in Kansas City, Mo. McCarthy takes office Jan. 1, 2012, succeeding Iowa Insurance …

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Tax credit claims projected to keep rising

The dollar amount of tax credits claimed by businesses through the state’s economic development programs is expected to increase by 27 percent in the next five years, according to an updated contingent liabilities report recently …

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BERKO: Dividend-paying stocks for a comfortable retirement


Dear Mr. Berko:

We’re in our early 50s and are good savers. The house we bought for $127,000 in 1989 is paid for. We didn’t take out home equity loans like many of our neighbors …