Insurance

Citing continued increases in health-care costs, Wellmark Blue Cross and Blue Shield is seeking a 10.8 percent premium increase for the majority of its individual policyholders in Iowa next spring.

If Wellmark’s request is approved …

Federal Reserve Governor Daniel Tarullo said this morning that banks seeking to increase dividends will be required to undergo a stress test showing they would have sufficient capital for two years. Concerns that bank capital …

The number of U.S. homes taken over by banks fell by 9 percent in October, according to real estate data company RealtyTrac Inc.

Lenders foreclosed on 93,236 U.S. residence properties, down from a record high …

The Federal Deposit Insurance Corp. (FDIC) yesterday took initial steps to implement a new asset-based fee structure that will cost the nation’s largest banks more to shore up the deposit insurance system. Under the Dodd-Frank …

Bankruptcy cases filed in federal courts in fiscal year 2010 totaled 1,596,355, according to the Administrative Office of the U.S. Courts. That number is up 13.8 percent from fiscal 2009. Business filings dropped for the …

American Equity Investment Life Holding Co. reported third-quarter operating income of $27.6 million, or 45 cents per share, a 2 percent decrease from the third quarter of 2009.

Net income for the third quarter was …

American households continued to pay off debt in the second quarter, although at a slower pace than before, CNNMoney.com said today after the release of a regional Federal Reserve report.

The Federal Reserve Bank of …

EMC Insurance Group Inc. today reported operating income of 49 cents per share for the third quarter up from 24 cents per share for the third quarter of 2009. Operating income for the nine month …