Insurance

American Equity Investment Life Holding Co. reported an operating income of $108.9 million, or $1.70 per share, in 2010, an increase of 7 percent from 2009 operating income of $101.8 million.

Net income was $42.9 …

EMC Insurance Group Inc. reported operating income of $2.21 per share in 2010, down from $2.55 per share in 2009.

Net income totaled $31.35 million in 2010, down from $45.37 million in 2009. President and …

Lehman Bros. Holdings Inc. lost a bid to recover an alleged $11 billion “windfall” from Barclays plc’s purchase of its defunct brokerage unit, when a judge ruled the transaction was fair, Bloomberg reported.

Barclays stands …

The Federal Home Loan Bank of Des Moines on Tuesday reported preliminary net income of $133 million for 2010, a decrease from net income of $145.9 million in 2009. The bank’s net income was primarily …

Bank of America Corp., the biggest U.S. lender by assets, nearly doubled a goodwill impairment for its credit card unit to $20.3 billion to reflect increased defaults and an almost 2-year-old change in credit-card lending …

Fitch Ratings downgraded Libya’s credit rating today, saying the move “reflects the eruption of political risk evidenced by the increasing momentum of the popular uprising aimed at ending Muammar Gadhafi’s 42-year rule.” The rating agency …

Motivational speaker and certified public accountant Marty Baddeloo will speak to the Central Iowa Credit Union at 6 p.m. on Thursday, Feb. 24 at Mama Lacona’s, 3825 Northwest 121st., Urbandale.

His presentation, “Execute or be …

The Rural Mainstreet Index (RMI) declined to 55.3 in February from 59.3 the prior month. But the economic indicator, which was based on a survey of bank CEOs in a 10-state region including Iowa, is …