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Insurance

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GuideOne still ‘excellent’

A.M. Best Co. has reaffirmed its “A” (Excellent) rating and stable outlook for GuideOne Mutual Insurance Co. in West Des Moines, the insurer said in a news release. A.M. Best cited GuideOne’s strong capitalization, favorable …

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Secret bank accounts and the LinkedIn mania


Dear Mr. Berko:

I have two questions. I was able to get shares of LinkedIn at the initial public offering (IPO) price and bought more after the opening at a much higher price. What do …

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It’s a good time to buy a house


Dear Mr. Berko:

We are a young family of four and would like to become first-time homeowners. We found and drove by a house we like, and it is in our price range. Do you …

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It’s too late to buy these stocks


Dear Mr. Berko:

My broker is advising me to buy three high-growth stocks: 150 shares of Red Hat, 50 of Amazon and 25 of Netflix. I already own 15 shares of Google, which I bought …

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Iowa banks continue to shake off the recession


For the first time since December 2008, Iowa’s state-chartered banks reported an average return on assets that meets industry criteria for healthy institutions.

The state’s 305 state banks reported a return on assets of slightly …

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Principal, Wells Fargo win Department of Defense award

Principal Financial Group Inc. and Wells Fargo & Co. are among the 15 recipients of the 2011 Secretary of Defense Employer Support Freedom Award.

The award is given by Employer Support of the Guard and …

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Aipperspach joins Bearence Management Group

Bearence Management Group announced that Jim Aipperspach has joined as a senior adviser. Aipperspach was most recently the director of operations for Great Ape Trust, and still serves on the trust’s board of directors.

Prior …

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EMC declared quarterly dividend

On May 26, EMC Insurance Group Inc. declared a quarterly dividend of 19 cents per share of common stock payable June 15 to shareholders of record as of June 8. It’s the 118th consecutive quarterly …

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Principal CEO to present in New York

Larry Zimpleman, chairman, president and CEO of Principal Financial Group Inc., will speak at the Sanford C. Bernstein Strategic Decisions Conference on June 2 in New York. Scheduled to begin at 7 a.m., the presentation …

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Wells Fargo to acquire Capital Pines

Wells Fargo Bank N.A. struck a deal to acquire the remaining equity interest in CP Equity LLC, the sole owner of Castle Pines Capital LLC and its affiliates, Castle Pines Capital International LLC and CPC …

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