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Insurance

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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 …

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Institute sows seeds for insurance industry’s future


Jon Raftis first heard about the Emmett J. Vaughan Institute of Risk Management and Insurance when he applied for an internship with a West Des Moines brokerage firm.

At the end of that interview, Raftis …

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Strong fourth quarter for S&P 500

Nearly three-quarters of the 70 percent of the companies in the Standard & Poor’s 500 index that have reported their fourth-quarter results so far have beat analysts’ expectations, CNNMoney.com reported.

Profits for the S&P 500 …

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Principal Trust funds exceeds $1B

The Principal Trust Target Date Collective Investment Funds, a target date investment series launched in July 2009 by Principal Trust Co. and developed exclusively for qualified retirement plans through a collective investment trust, recently exceeded …

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Two major stock exchange operators talk merger

Stock market operator NYSE Euronext Inc. said today that it is in “advanced discussions” about a possible merger with Germany’s Deutsche Boerse AG, which runs the Frankfurt stock exchange.

A possible all-stock deal would create …