Insurance

The cost of apparel, shelter and airline fares drove up the U.S. Department of Labor’s core Consumer Price Index in January, an indication that an extended period of slowing inflation has passed, Reuters reported.

The …

A review of mortgage-servicing practices by U.S. regulators found serious problems with internal controls and staffing levels at 14 companies, including Wells Fargo & Co., which could lead to formal enforcement action, The Wall Street …

U.S. bank holding companies reported a record $9.73 billion in insurance brokerage fee income in the first three quarters of 2010, up 7 percent from earnings of $9.10 billion during the same period in 2009, …

Principal Funds, a subsidiary of Principal Financial Group Inc., has hired Jeff Tyler as portfolio manager for Principal LifeTime Funds, effective March 1. Tyler will have primary responsibility for the target-date fund series. With assets …

Principal Financial Group Inc. is asking nonprofit organizations and public schools, colleges and universities to fill out a 403(b) plan survey.

The survey is designed to provide benchmarking data on plans, investment options and participation, …

FBL Financial Group Inc. Class B Director Keith Olsen told FBL he will not seek re-election to the board of directors. His term will end on May 18, the date of the annual meeting of …

Des Moines-based Allied Insurance, an arm of Nationwide Mutual Insurance Co., and Allied General Agency Co. announced Monday that they have partnered with Austin, Texas-based Combined Agents of America LLC (CAA).

Under terms of the …

Risk and insurance services provider Marsh & McLennan Cos. Inc. announced strong fourth- quarter earnings today.

Marsh reported a profit of $203 million, or 37 cents a share, up from $23 million, or 4 cents …

Community banks could eliminate free products, fire workers and shelve expansion plans if the Federal Reserve imposes caps on proposed debit-card “swipe” fees, according to a survey conducted by a trade group, Bloomberg reported.

The …