Insurance

Insured severe weather losses have already topped $15.5 billion in the United States this year, three times the full-year average of the last 20 years, Reuters reported.

Almost all of that comes from the outbreak …

U.S. financial firms have been cutting staff dramatically this year, with more layoffs expected to come from Wall Street, according to a report from outplacement consulting firm Challenger, Gray & Christmas Inc.  Unlike the widespread …

JPMorgan Chase & Co. agreed to pay $153.6 million to resolve U.S. regulatory claims about its role in designing and selling a product linked to risky mortgages as the housing market unraveled in 2007, Bloomberg …

Iowans with health insurance concerns have a new resource available. Iowa Insurance Consumer Advocate Angel Robinson announced the formation of the Consumer Assistance Resource Board, which will represent a range of nonprofit and consumer advocacy …

A former loan officer and director at Community State Bank in Ankeny has been prohibited from working for banks, credit unions, their holding companies and subsidiaries under a consent order with the U.S. Office of …

Principal Financial Group Inc. is a “Best Place to Work in Information Technology,” according to Computerworld magazine, placing 31st on a list where it has appeared for the last decade. Principal was specifically noted for …

Bruce Kelly, president and CEO of EMC Insurance Cos., rang the opening bell today at Nasdaq’s MarketSite in New York’s Times Square in celebration of the company’s 100th anniversary.…

Wells Fargo Home Mortgage will discontinue the origination of home equity conversion mortgages (HECM), otherwise known as reverse mortgages. New applications will not be accepted after June 30. The HECM is a U.S. Department of …

The International Monetary Fund has cut its forecast for U.S. economic growth and warned that the federal government should take immediate steps to reduce the budget deficit, Reuters reported.

Debt-ridden European countries were also told …