ISTA

Lawson lauds $14M union insurance plan settlement

December 3, 2013
Associated Press
The agreement would end a four-year legal battle with Indiana's largest teachers union. But the Indiana State Teachers Association accused a Republican official of playing politics as she heads into an election year.
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School districts could recover $14 million in settlement

December 3, 2013
Associated Press
Indiana school districts which invested in a failed union health insurance plan could get back roughly half of the money they lost, if they approve the settlement.
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Indiana State Teachers Association elects new leader

April 29, 2013
 IBJ Staff
Teresa Meredith, an elementary teacher from Shelbyville, has been elected president of the Indiana State Teachers Association, replacing long-time leader Nate Schnellenberger.
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Teachers trust fund broker reaches settlement

March 13, 2012
David Karandos, a broker who advised the Indiana State Teachers Association Insurance Trust before it collapsed in 2009, has reached a settlement. Karandos agreed to a 75-day suspension from working in the securities industry and may pay up to $50,000 in restitution.
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Judge upholds Indiana school voucher law

January 13, 2012
Associated Press
A Marion Superior Court judge affirmed Indiana's school voucher law on Friday, rejecting opponents' arguments that the largest such program in the nation unconstitutionally uses public money to support religion.
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Indiana schools chief Bennett gears up for re-election bidRestricted Content

January 7, 2012
J.K. Wall
String of controversial reforms draw campaign contributions, ire of opponents.
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State school chiefs paid more than meets the eye

November 27, 2011
Associated Press
Indiana's nearly 300 school superintendents are receiving more compensation than reported in their contracts, with extra payments for benefits such as health insurance counting toward their overall salaries for pension purposes, a newspaper's investigation has found.
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Teachers sue 3 Indiana school districts, seek raises

October 21, 2011
Associated Press
The dispute, which includes schools in Noblesville, stems from changes passed by the Legislature earlier this year limiting collective bargaining agreements between local districts and teachers' unions.
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Education battle unleashed torrents of money in IndianaRestricted Content

August 20, 2011
J.K. Wall
Education reformers dramatically outspent opponents on lobbying, advertising and grass-roots campaigning during the past legislative session.
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ISTA says new teacher contract forms violate state law

July 26, 2011
Associated Press
The Indiana State Teachers Association is asking a judge to block state education officials from putting new teacher contract forms for the 2011-2012 school year into use.
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Bill on teacher union rights heads to governor

April 19, 2011
Associated Press
A bill to restrict Indiana teachers' collective bargaining rights has cleared its final legislative hurdle, becoming the first part of Republican Gov. Mitch Daniels' sweeping education agenda to make it to the governor's desk.
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Lawmakers start work on teacher merit pay bill

February 9, 2011
Associated Press
Indiana lawmakers have started work on one of the more controversial aspects of Gov. Mitch Daniels' sweeping education agenda: a plan to tie teacher pay to student performance.
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Schools chief, union head recruit mentors for children

January 4, 2011
Associated Press
State school superintendent Tony Bennett, a Republican, and the leader of Indiana's largest teachers union made a rare joint appearance Tuesday to promote a mentoring program.
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It may be do or die for Indianapolis charter school

November 6, 2010
Joe Jasinski
Knowledge Is Power Program (KIPP) College Preparatory School faces its seventh—and final—review this year, one that could determine its survival.
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How hard is it to fire a teacher, really?

November 6, 2010
J.K. Wall
Red tape involved in firing teachers is thick. But risk-averse administrators may be the bigger problem.
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Secretary of state files complaint against teachers' fund broker

October 27, 2010
Kathleen McLaughlin
David Karandos, a broker who advised the Indiana State Teachers Association Insurance Trust before it collapsed in 2009, is facing an administrative complaint from the Indiana Securities Division, which alleges 13 violations for unethical, dishonest and deceptive practices.
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Rokita to politicians: Careful with donations from union

October 13, 2010
J.K. Wall
Secretary of state warns candidates that if he prevails in court, his securities division staff will pursue any money the candidates received from the Indiana State Teachers Association's political action committee.
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Education Roundtable hires former union lobbyist as director

July 16, 2010
J.K. Wall
Dan Clark will direct efforts to coordinate and align Indiana’s K-12 and postsecondary educational systems, as well as work force agencies like the Department of Workforce Development.
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Indiana bringing information revolution to public schools

June 12, 2010
J.K. Wall
The state is building a massive data system with a tough-love intent of rewarding good educators and schools and hammering poor performers.
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Other states join Indiana in spurning grant program

May 31, 2010
 IBJ Staff and Associated Press
About two dozen states are going back to Washington for another shot at billions in education grants under the "Race to the Top" program, but at least nine others including Indiana are opting out of trying a second time.
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Indiana schools to exit Race to the Top competition

April 22, 2010
J.K. Wall
State will bow out of the $4.35 billion federal competition after a highly public feud between public schools chief Tony Bennett and the state’s teachers unions.
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Report: Indiana far short of funding teacher pensions

April 21, 2010
Associated Press
Indiana is among the nation's five most underfunded teacher pension programs, but low ranking is misleading.
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UPDATE: Teachers union tells Bennett to start over on reform

April 15, 2010
J.K. Wall
Superintendent of Public Instruction Tony Bennett invites heads of teachers unions to meeting to publicly share reform ideas instead of "bureaucratic rhetoric and no specifics."
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Bennett demands ISTA support for school reforms

April 9, 2010
J.K. Wall
State superintendent of public instruction says teacher union support imperative to win federal grant.
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Thousands of teachers losing jobs, union says

March 19, 2010
Associated Press
Indiana State Teachers Association forecasts up to 5,000 teachers may lose their jobs. That's about 8 percent of public school teachers statewide.
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  1. The $104K to CRC would go toward debts service on $486M of existing debt they already have from other things outside this project. Keystone buys the bonds for 3.8M from CRC, and CRC in turn pays for the parking and site work, and some time later CRC buys them back (with interest) from the projected annual property tax revenue from the entire TIF district (est. $415K / yr. from just this property, plus more from all the other property in the TIF district), which in theory would be about a 10-year term, give-or-take. CRC is basically betting on the future, that property values will increase, driving up the tax revenue to the limit of the annual increase cap on commercial property (I think that's 3%). It should be noted that Keystone can't print money (unlike the Federal Treasury) so commercial property tax can only come from consumers, in this case the apartment renters and consumers of the goods and services offered by the ground floor retailers, and employees in the form of lower non-mandatory compensation items, such as bonuses, benefits, 401K match, etc.

  2. $3B would hurt Lilly's bottom line if there were no insurance or Indemnity Agreement, but there is no way that large an award will be upheld on appeal. What's surprising is that the trial judge refused to reduce it. She must have thought there was evidence of a flagrant, unconscionable coverup and wanted to send a message.

  3. As a self-employed individual, I always saw outrageous price increases every year in a health insurance plan with preexisting condition costs -- something most employed groups never had to worry about. With spouse, I saw ALL Indiana "free market answer" plans' premiums raise 25%-45% each year.

  4. It's not who you chose to build it's how they build it. Architects and engineers decide how and what to use to build. builders just do the work. Architects & engineers still think the tarp over the escalators out at airport will hold for third time when it snows, ice storms.

  5. http://www.abcactionnews.com/news/duke-energy-customers-angry-about-money-for-nothing

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