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Des Moines is a major center for the insurance industry and has a significant presence in financial services and publishing. Des Moines was named the "number one spot for U.S. insurance companies" in a Business Wire article and the third largest insurance capital of the world.It's the headquarters for Principal Financial Group, Athene USA insurance, the Meredith Corporation, Ruan Transportation, EMC Insurance Companies, and Wellmark Blue Cross Blue Shield. Additionally, Wells Fargo, Voya Financial, Nationwide Mutual Insurance Company, ACE Limited, Marsh, Monsanto and Pioneer Hi-Bred have large operations in or around downtown. Forbes magazine named Des Moines the "Best Place for Business" in 2010 and 2013. As the capital of Iowa, home to the first caucuses of the presidential primary cycle, many presidential candidates have their campaign headquarters in Des Moines.
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