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Insurance

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Farm Bureau execs to discuss financials

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 …

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Health-care stocks


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 …

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Legislation would prevent banks from concentrating loans with corporate groups

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 …

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No margin for error?


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 …

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Judge: AIG affiliates failed to show fired claims adjuster misused nearly $1 million

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 …

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SEC considers upping bar for accredited investors

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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Principal updates website

Principal Financial Group Inc. has updated its website to include two charts to help participants monitor their savings and plan for retirement.

A “track your progress” feature will allow users to view at-a-glance snapshots of …

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Group pushes for lower annual interest rates for payday lenders

Nearly seven in 10 Iowans say they support a change in state law that would lower the maximum annual interest rates payday lenders could charge, according to a poll conducted by Iowans for Payday Loan …

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FASB changes plans after criticism

The Financial Accounting Standards Board (FASB) today backed off from its plan to make banks use market values to calculate how much the loans on their books are worth, according to Bloomberg.

The panel today …

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Mobile money expected to nudge credit cards aside

Credit cards may soon be as outdated as vinyl records, CNNMoney.com reports.

You can already use iPhones, Droids or BlackBerrys to buy a hot dog at a ballgame, buy  a Starbucks latté, or give a …