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EMC Insurance Group Inc. is increasing its 2010 operating income guidance to a range of $2.15 to $2.25 per share from $1.75 to $2 per share, the company announced today. The revised guidance is based …
GuideOne Mutual Insurance Co. has named Bernard Hengesbaugh, chief operating officer of the American Medical Association, to its board of directors. Hengesbaugh was with CNA Financial Corp. for nearly 24 years and served as chairman …
Ford Motor Co.’s earnings rose to $6.6 billion in 2010 from $2.7 billion the prior year, the company’s best annual results in more than a decade, CNNMoney.com reported.
But the automaker’s fourth-quarter operating profit of …
West Bancorporation Inc. reported a net income available to common shareholders of $2.9 million, or 17 cents per share, for the fourth quarter of 2010, compared with $2.2 million, or 13 cents per share, for …
James Brannen, chief financial officer of Farm Bureau Life Insurance Co., and Richard Kypta, the company’s executive vice president, will discuss FBL Financial Group Inc.’s financial results and business strategies at the New York Society …
Dear Mr. Berko:
My $50,000 certificate of deposit came due, and good riddance to it. The rate was 1.2 percent, and though I didn’t lose any principal, I lost money because taxes on the interest …
Iowa banking superintendent Jim Schipper has introduced legislation that would prevent state-chartered banks from lending to multiple corporate entities controlled by an individual or common group of investors.
The legislation was first proposed in …
How do insurance agents know when they’ve done enough to adequately protect their clients against possible risks?
Because of a recent Iowa Supreme Court decision, agents will now need a “crystal ball” to cover all …
A federal judge has refused to freeze the financial accounts of a former claims adjuster who is accused of manipulating computer systems of American International Group Inc. (AIG) subsidiaries to issue checks totaling $991,000 to …
The Securities and Exchange Commission is proposing a rule stating that the value of an investor’s primary home would not be taken into account when determining whether the individual is an accredited investor, according to …
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