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Insurance

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JPMorgan Chase launches HSA broker program

J.P. Morgan Treasury Services, a division of JPMorgan Chase & Co., announced it will try to expand its nationwide sales of health savings accounts (HSA) by launching an HSA broker program.  In response to market …

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Principal to release earnings guidance

Principal Financial Group Inc. will release its 2011 earnings guidance after the market close today. Larry Zimpleman, chairman, president and CEO, and Terry Lillis, senior vice president and chief financial officer, will host a conference …

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Iowa banks increased earnings, beat national performance ratios

Iowa banks increased earnings, beat national performance ratios
Iowa banks beat national performance ratios in nearly every category, the head of an industry trade group said following the release of third-quarter data by the Federal …

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Mercer acquires investment consulting firm

Mercer has signed a definitive agreement to acquire Hammond Associates, the third-largest investment consulting firm serving endowments and foundations in the United States. Mercer said the acquisition further enhances its alternative research and investment capabilities …

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Greater Des Moines firms to present at investors’ conference

FBL Financial Group Inc. announced that CEO James Hohmann and Chief Financial Officer James Brannen will present at the FBR Capital Markets Fall Investor Conference at 9:30 a.m. Iowa time Tuesday in New York. Investors …

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M & A activity a sign of strengthening economy


In 2009, investment banker Steve Jacobs was trying to find a buyer for a Greater Des Moines professional services firm whose owner was ready to retire. He’s still looking, but the prospects have improved this …

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Build America Bonds face an uncertain future


Build America Bonds, a new type of municipal bond program launched last year as a federal stimulus initiative, could evolve into an ongoing alternative financing tool for local government projects. Then again, it could just …

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Take the’preferred’ route


Dear Mr. Berko:

Please tell me about Alcatel-Lucent. My broker believes that the shares could triple in the coming year and wants me to use $10,000 and buy 3,000 shares. What can you tell me …

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Lifespace earns ‘A’ on $30 million bond offering


Lifespace Communities Inc., which owns Deerfield Retirement Community in Urbandale, has received an “A” rating from Fitch Ratings Ltd. on a tax-exempt bond offering of more than $30 million, the Urbandale-based not-for-profit company announced last …

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Indexed annuity sales climb 16 percent


Total third-quarter sales of indexed annuities reached $8.7 billion, a 16 percent increase from the year-ago period and an all-time high for the industry, according to AnnuitySpecs.com, a Pleasant Hill-based annuity research firm.

“Although insurance …