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What should we expect from the economy in 2019? Given what happened in December into the first few weeks of this year, maybe a neck brace is in order. But the dramatic ups and downs …
Corridor Business Journal: United Technologies Corp., the parent company of Collins Aerospace Systems, reported sharply higher sales and earnings for the fourth quarter of 2018. Adjusted earnings per share rose 22 percent to $1.95. Net income …
Registration has officially opened for the 2019 Global Insurance Symposium, which will be held April 23-25 in Des Moines. The annual symposium provides a venue for the insurance industry to address important issues affecting the …
EMC Insurance Group Inc. announced that it expects to report a net loss in the range of 33 to 37 cents per share for the year ended Dec. 31, 2018. Included in that amount is …
Marsh & McLennan Cos. announced that it has appointed a new leader for its Mercer consulting arm. Martine Ferland, currently Mercer group president, will assume the role of president and CEO of Mercer effective March 1. She …
A San Francisco-based insurtech company with ties to Des Moines has received $33.5 million in investment capital from a group of insurers led by Principal Financial Group’s life insurance arm. The company, Limelight Health, will use …
Principal Financial Group has promoted Pedro Borda, currently president of Principal South Asia and India, to senior vice president and chief operating officer of Principal International. In his new role, Borda will partner with the Des Moines-based …
Wells Fargo & Co. today posted quarterly revenue that missed analysts’ estimates, Reuters reports, as revenue across all its banking units declined, especially at community banking, the unit at the center of its 2016 sales scandal. The …
A mostly down year for Iowa’s public stocks.
The majority of Iowa’s publicly traded companies lost ground in 2018, as the wider U.S. stock market swung into loss territory at year-end. Just a half-dozen …
EMC Insurance Group Inc. said in a release that a special committee of its board of directors has retained Willkie Farr & Gallagher LLP as its legal counsel and Sandler O’Neill + Partners LP as …
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