Insurance

United Fire and Casualty Co. has received the required regulatory approvals from the California Department of Insurance, the New Jersey Department of Banking and Insurance and the Pennsylvania Department of Insurance relating to the Cedar …

Japan’s massive earthquake, tsunami and nuclear disaster is likely to be the costliest natural catastrophe on record, but the impact on the private insurance industry probably will not surpass that of Hurricane Katrina in 2005, …

Patrick Parkinson, the Federal Reserve’s chief bank regulator, said today that nearly one out of three U.S. banks have supervisory ratings deemed unsatisfactory.

“Around 30 percent of all banks have less than satisfactory supervisory ratings,” …

The cost of goods imported into the United States increased more than forecast in February as commodity prices soared, Bloomberg reported.

The 1.4 percent increase in the import-price index exceeded the 0.9 percent median estimate …

Losses mounted on the U.S. stock exchange Tuesday as the Federal Reserve held to a loose monetary policy and concern over Japan’s nuclear power crisis threatened to scare off investors. The Dow Jones industrial average, …

A new national survey co-sponsored by Principal Financial Group Inc. says a record number of Americans have lost confidence in their ability to afford retirement.  

The 2011 Retirement Confidence Survey, released today by the …

U.S. Bank on Monday launched mobile banking enhancements that will let customers use mobile devices to deposit checks and monitor credit card activity. The service, which will initially be available to U.S. Bank Mobile Wallet …

Dan Houston, president of retirement, insurance and financial services for Principal Financial Group Inc., will present at the 2011 UBS Asset Gathering Conference in Boston at 10:50 a.m. Iowa time on March 22. The presentation …

Wellmark Blue Cross and Blue Shield’s corporate office in Des Moines has received LEED Platinum certification from the U.S. Green Building Council (USGBC), which makes it the only LEED Platinum certified office building of its …

Warren Buffett’s Berkshire Hathaway Inc. said today it will buy specialty chemicals firm Lubrizol Corp. in a deal valued at around $9.7 billion, making it one of the biggest acquisitions in the firm’s history. Berkshire …