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Insurance

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Banking on a win


In a bank headquarters that could double as a ski lodge, Jeffrey Rose is looking uphill.

The building is home to First Bank. It is all stone and rich wood with a gas-fed fireplace in …

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Insurers take measure of new accounting rules


New international accounting standards now under consideration would bring significant changes in how U.S. insurance companies account for the products they sell. The changes could also influence the types of coverage that companies are willing …

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Quinn to keynote Iowa Women and Money Conference


Syndicated financial columnist and author Jane Bryant Quinn will keynote the fourth annual Iowa Women and Money Conference to be held Oct. 9 in Des Moines.

Hosted by the Iowa Treasurer’s office, the free, daylong …

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Time for some tough choices


Dear Mr. Berko:

We have an individual retirement account (IRA) that four years ago was valued at $685,000 and is now worth about $413,000. I’ve enclosed the statements from our adviser, whose office is in …

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Here’s another nice dividend choice

Dear Mr. Berko:

We own four master limited partnerships (MLPs) that you recommended, and we are happy with the good income (all paid more than 9 percent) and their increase in market values. We have …

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CPI is flat as consumer attitudes worsen

An increase in food and energy costs pushed overall consumer prices higher last month, but fears of deflation are still alive, Reuters reported.

The core Consumer Price Index (CPI) was flat in August, the U.S. …

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American Equity announces notes

American Equity Investment Life Holding Co. announced today the pricing of $170 million in aggregate principal amount of 3.5 percent convertible senior notes. The company has also granted the initial purchasers of the notes a …

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ACE to acquire Rain and Hail for $1.1 billion

Johnston-based Rain and Hail Insurance Service Inc., the second-largest crop insurer in North America, has agreed to be acquired by ACE Ltd., a global property and casualty insurance company with headquarters in Switzerland.

ACE announced …

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Couche-Tard could up offer for Casey’s

In its continuing pursuit of Casey’s General Stores Inc., a Canadian company has said it might increase its offer to the convenience store chain from $38.50 a share. In addition, Alimentation Couche-Tard Inc. said last …

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Wells Fargo helps auto lender

Wells Fargo Preferred Capital, a subsidiary of Wells Fargo & Co., said it has provided a $12 million revolving credit facility to K STReet Finance Inc., a lender serving a group of used car dealerships …