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Insurance

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Time equals paper?

A 21-month-old lawsuit attacking fees charged to manage mutual funds controlled by two subsidiaries of Principal Financial Group Inc. has generated 30,000 pages of paper and resulted in the review of 150,000 electronic documents, with …

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Dice reports 50 percent increase in revenues

Dice Holdings Inc., which has operations in Urbandale, said year-over-year revenues increased 50 percent to $44.9 million for the quarter ended June 30. Excluding acquisitions, revenues increased 37 percent in the period, the company said …

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Bankers Trust’s Coffin receives Easter Seals award

Don Coffin of Bankers Trust Co. has received a Governor’s Volunteer Award for his 20 years of service to Easter Seals Iowa and Camp Sunnyside. Easter Seals lauded Coffin’s “visionary leadership, compassion and steadiness” as …

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Analysts: U.S. likely to lose top rating

The United States is expected to lose its top-notch AAA credit rating from at least one major rating agency, Reuters reported.

A small majority of economists – 30 out of 53 – surveyed by Reuters …

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American Equity to hold Aug. 4 conference call

American Equity Investment Life Holding Co. announced that it has revised the time for its conference call to discuss second-quarter results.

The call will be at 9 a.m. on Aug. 4. American Equity plans to …

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Minnesota bank acquires Briarwood golf course in Ankeny

The Briarwood Club of Ankeny, a former public golf course that went private in 2009, is under the ownership of Voyager Bank of Eden Prairie, Minn., after a deed transfer that resulted from a loan …

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Appointing more women to central banks could be in our best interest

Women — who control more than $20 trillion or about 70 percent of global consumer spending — account for only about a tenth of the voting power on the world’s key interest rates. Past and …

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Ames National reports quarterly results

Ames National Corp., a publicly traded bank holding company, reported net income of $3.2 million for the quarter ended June 30, a 3.8 percent increase from the same quarter last year. Ames National, which operates …

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Slightly more than half of Americans fret about their own debt ceilings

A study released today by Bankrate.com found that 58 percent of Americans track their spending against a monthly budget. Most likely to track spending were college graduates, 66 percent, and parents, 65 percent. The study …

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ING plans to sell Latin American operation

ING Groep NV is to sell most of its Latin American operation to Colombia’s GrupoSura  for $3.7 billion in a deal resulting from its state rescue in 2008, Reuters reported. ING agreed to split its …

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