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Insurance

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Rutledge to step down


Steven Rutledge will retire as president and CEO of West Des Moines-based Farmers Mutual Hail Insurance Company of Iowa at the end of the year, the company announced.

Rutledge, 58, has led the regional crop …

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More Iowa employers enroll for early retiree payments


Some of Central Iowa’s largest employers are among the latest organizations to be accepted into the Early Retiree Reinsurance Program, a component of the federal health reform legislation enacted in March. The federal program, administered …

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SmartyPig to launch fund-raising product for nonprofits


After developing an online savings tool that has attracted more than $600 million in deposits in less than three years, SmartyPig LLC now plans to apply the same social-media-based savings model to nonprofit organizations.

The …

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New Nationwide VP to oversee Iowa

Nationwide Financial Services Inc. announced that Tony Daniel will serve as regional vice president of sales for the company’s private-sector retirement plans business. Daniel, who will be responsible for leading Nationwide’s sales efforts in the …

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American Equity earnings release scheduled

American Equity Investment Life Holding Co. will release its third-quarter earnings results following the close of the market on Nov. 8. The release and a financial supplement will be posted on the West Des Moines-based …

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Government officials to look into mortgage lenders

Iowa Attorney General Tom Miller called on three major mortgage companies to halt pending foreclosure proceedings in the state while under investigation for improper submissions of foreclosure documents in Iowa courts.

The attorney general’s office …

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Bank card delinquencies at lowest level since 2001

Consumer loan delinquencies generally improved in the second quarter of 2010, as bank credit card accounts, home equity loans and auto loans all showed improvement, according to the American Bankers Association’s (ABA) Consumer Credit Delinquency …

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Meredith schedules earnings release

Meredith Corp. plans to report fiscal 2011 first-quarter results on Oct. 26, prior to the opening of U.S. stock markets. A conference call will be held that day at 10 a.m. Central Time to discuss …

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Predatory lending powered the housing crisis, study says

Predatory lending aimed at racially segregated minority neighborhoods led to mass foreclosures that fueled the U.S. housing crisis, according to a new study published in the American Sociological Review, Reuters reported.

Predatory lending typically refers …

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West Bancorporation to report quarterly results

West Bancorporation Inc., parent company of West Bank, will report its results for the third quarter of 2010 before U.S. markets open on Oct. 29. The West Des Moines-based company will discuss the results in …

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