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Insurance

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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, …

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Americans show optimism in their finances

Americans are more optimistic about their financial future, according to Principal Financial Group Inc.’s latest Well-Being Index.

The number of workers expressing concern about their long-term financial future dropped 11 percentage points from the fourth …

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EMC announces dividend

EMC Insurance Group Inc. declared a quarterly dividend of 19 cents per share.

The dividend is payable on March 24 to shareholders of record as of March 17. This is the 117th consecutive quarterly dividend …

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DeWaay gets another nod from Barron’s

Don DeWaay, founder and CEO of DeWaay Capital Management in Clive, has caught the attention of Barron’s magazine, being named for the second year in a row as the top financial adviser in Iowa. He …

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GuideOne posts 8.8 percent return for 2010

GuideOne Mutual Insurance Co. reported 2010 net income of $39.8 million today and a return on equity of 8.8 percent. The West Des Moines company insures churches, senior living communities, schools, colleges, automobiles and homes. …

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Survey: Finance professionals not in big demand

The message for accounting and finance professionals in the second half of the year reads “do not apply,” according to a survey of chief financial officers by staffing firm Robert Half International. The company said …

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ING is repaying Dutch government

ING Groep NV, the biggest Dutch financial services company, plans to repay $2.8 billion of Dutch government aid in May at a 50 percent premium, Bloomberg reported. The company plans to buy back the core …

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Ameriprise settles in private placement litigation

Ameriprise Financial Inc. and its subsidiary, Securities America Inc., have reached independent settlements with investors who purchased private placements that have gone bust, InvestmentNews reported.

Two weeks ago, Securities America reached a $21 million preliminary …

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Sauer-Danfoss executive to speak in New York

Ames-based Sauer-Danfoss Inc., a designer, manufacturer and distributor of engineered hydraulic and electronic systems, said that Vice President and Chief Accounting Officer Kenneth McCuskey, will present at the International Strategy & Investment Industrial Conference in …

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