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Insurance

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FBL board member to step down

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 …

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Allied partners with CAA

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 …

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Marsh announces strong earnings

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 …

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Swipe fee caps are deeply flawed, bankers group says

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 …

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United Fire reports earnings

United Fire & Casualty Co. said today that it had net income of $9 million, or 35 cents per share, for the quarter ending Dec. 31, 2010, compared with $1.7 million, or 7 cents per …

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Governor, attorney general to speak at credit union conference

Gov. Terry Branstad and Iowa Attorney General Tom Miller will be the keynote speakers at the Iowa Credit Union Legislative Issues Conference on Tuesday at the Embassy Suites on the River in Des Moines. Branstad …

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Marsh U.S. appoints CEO

Risk and insurance services provider Marsh Inc., which has five locations in Iowa, including an office in Urbandale, announced the appointment of David Bidmead to the newly created position of CEO of Marsh U.S., the …

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Check your gun at the door

In response to the new Iowa law that allows people to openly carry firearms in public places, the Iowa Bankers Association (IBA) has developed “No Weapons Allowed on Premises” posters and window decals for its …

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Check out Fifth Street


Dear Mr. Berko:

I got an e-mail from my broker, who advised me to buy 700 shares ($10,000) of NCR stock. I e-mailed him back to ask why NCR, and told him that $10,000 was …

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A steady hand at the top


Just two days into a new job, Jim Schipper knew he would be changing his vacation plans.

Schipper, 61, is the Osceola banker who was tapped by Gov. Terry Branstad to replace Tom Gronstal as …