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Insurance

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Oil prices fall amid disaster in Japan

The price of oil fell Friday as the largest earthquake ever recorded in Japan’s history killed hundreds of people, MarketWatch reported.

The earthquake, which triggered a 10-meter-high tsunami and forced evacuations on the West Coast, …

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YPC to host financial series

On March 14, the Young Professionals Connection will host an event aimed at educating young professionals on financial decisions, with an emphasis on personal finance and real estate decisions. Part of the organization’s Evening Learning Series, …

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Greater Des Moines annuity companies rule the market


Three of the five largest indexed annuity companies in the United States are based in Greater Des Moines, according to data provided by AnnuitySpecs.com. And five insurance companies with annuity operations in Greater Des Moines …

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Business development companies thriving


Dear Mr. Berko:

In September 2009, I had a $183,000 certificate of deposit (CD) coming due and asked you to recommend some high-paying stocks. You told me to put half of the money in seven …

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Wells Fargo to be presenting sponsor for Principal Charity Classic

Wells Fargo & Co. has extended its agreement to remain the presenting sponsor of the Principal Charity Classic in 2011, which will take place June 1-5 at Glen Oaks Country Club in West Des Moines. …

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Generation Y finds different sources for financial information

A new survey of adults ages 22 to 34 shows that only 10 percent of so-called Generation Y considers professional investment advisers as the most valuable source of financial news and information, according to Investment …

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Murray to head ARAG North America

ARAG, a global leader in legal insurance, announced the appointment of David Murray as president and CEO of its North America division, which is based in Des Moines. He succeeds Cam Sutton, who retired from …

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Hollingsworth named First American Bank Des Moines president

First American Bank has appointed John Hollingsworth as president of First American Bank Des Moines. He has 25 years of experience in commercial banking with a background in credit administration and business development. He most …

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Senate may delay debit-card swipe fee cap

A bipartisan group of U.S. senators is drafting legislation to delay debit-card “swipe” fee rules that banks say would cost them billions of dollars, Bloomberg reported.

Sens. Jon Tester of Montana and Tom Carper of …

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ING readies for sale of U.S. online banking division

ING Groep NV is preparing to sell its U.S. online banking division to meet European Union conditions for the firm’s bailout, Bloomberg reported. The Dutch financial services company had agreed to sell ING Direct USA, …