Insurance

William Bowles, senior vice president of West Bank in West Des Moines, has been named chairman of the Iowa Bankers Association’s (IBA) Management Committee.

Bowles will head up meetings of the 20-member committee of bankers …

The National Foundation for Credit Counseling (NFCC) has received a grant of $250,000 from Wells Fargo & Co. to support the delivery of foreclosure-prevention counseling. Since the mortgage crisis began, nearly 3 million homeowners have …

HealthSmart Holdings Inc. yesterday announced that it has entered into a definitive agreement to acquire Wells Fargo Third Party Administrators Inc., the medical third-party administration (TPA) business of Wells Fargo Insurance Services USA Inc., the …

Germany said European Union leaders won’t provide the complete fix to the euro-area debt crisis that global policy-makers are pushing for at an Oct. 23 summit, Bloomberg reported.

German Chancellor Angela Merkel has made it …

Wellmark Blue Cross and Blue Shield said today that it will seek a 9.35 percent premium increase for its under-65 individual policyholders. If approved by the Iowa Insurance Division, the rate increase would be effective …

Veridian Credit Union’s sixth location in Greater Des Moines is now open for business. The second branch in West Des Moines is at 1901 E.P. True Parkway, near the Grand Avenue intersection. A grand opening …

Wells Fargo & Co. said today that its third-quarter profit rose 21 percent to $4.1 billion, or 72 cents a share, from $3.34 billion, or 60 cents a share, in the year-ago period, as expenses …

Citigroup Inc. said today that its third-quarter profit rose to $3.8 billion, or $1.23 a share, compared with $2.2 billion, or 73 cents a share, a year ago, MarketWatch reported. Third-quarter earnings per share, excluding …