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Insurance Products
Investment gains mask slowdown for insurer
May 2, 2013
J.K. WallThe bull market boosted first-quarter profit at Baldwin & Lyons Inc. to a record high, even though the property and casualty
insurer’s core business lost ground.
MoreObamacare exchanges could zap WellPoint profits
April 29, 2013
J.K. WallAccording to one estimate, the Indianapolis-based health insurer will shed $400 million in pre-tax profits by 2017.
MoreWellPoint CEO: Acquisitions of hospitals, doctors unlikely
April 24, 2013
J.K. WallJoe Swedish, who took the helm of the Indianapolis-based health insurer a month ago, threw cold-water Wednesday on widespread
speculation that he will lead the company through a wave of buying hospitals and medical practices.
MoreAnthem tries new 'narrow network' strategy
February 16, 2013
J.K. WallAnthem Blue Cross and Blue Shield has selected Community Health Network to be the “exclusive provider” for a new
kind of health insurance plan—a sharp departure from Anthem’s typical strategy of offering the broadest network
of hospitals and doctors.
MoreAnthem rolling out 401(k)-style medical benefits
December 1, 2012
J.K. WallAnthem Blue Cross and Blue Shield of Indiana will open a new online exchange to Indiana employers on Jan. 1, where workers
could purchase medical benefits from a group of plans using a fixed sum of money given them by their employers.
MoreDeal provides peek at Anthem's narrow networks
November 5, 2012
J.K. WallA new agreement in Wisconsin provides a glimpse of the kind of “narrow network” arrangements that Indianapolis-based
Anthem Blue Cross and Blue Shield might attempt in Indiana.
MoreLongtime insurance agency acquired by local rival
October 6, 2012
Property-casualty and employee benefits firm MJ Insurance buys Mead & Co., which dates to the 1860s.
MoreSome hospitals, doctors might be cut from health plans
September 29, 2012
J.K. WallWith health insurance premiums continuing to outstrip inflation, some health insurers and hospital systems are considering
bringing back an old strategy: limiting patient access to a “narrow” network of doctors and hospitals.
MoreOneAmerica unit using hybrid policies to grow long-term-care sales
September 22, 2012
Chris O'MalleyUsing banks as a sales channel also boosts business in what has been a languishing product segment.
MoreHigh-deductible premiums rising, too
September 17, 2012
J.K. WallSince 2007, premiums for high-deductible health plans’ family coverage have grown 32 percent—compared with 30
percent among all health plans, according to survey data from the Kaiser Family Foundation.
MoreTruck fleet insurer's move to diversify gains traction
August 18, 2012
Chris O'MalleySales of professional liability products are still a small part of total revenue but could reach $50 million by the end of
2013.
MoreS&P completes biggest first-quarter rally since 1998
March 31, 2012
Bloomberg NewsMore than $3.6 trillion has been restored to U.S. equity values since October amid better-than-estimated earnings and economic
data. Indianapolis-based WellPoint Inc. surged 11 percent this week, as the Supreme Court debated the health care law.
MoreWellPoint replaces fired Medicare plan chief
March 5, 2012
J.K. WallVenkata Rajamannar Madabhushi will take control of the various Medicare Advantage plans WellPoint runs around the country,
replacing Brian Sassi, whom WellPoint fired last month.
MoreHHGregg gets $40M from life insurance on former CEO
February 29, 2012
Cory SchoutenHHGregg has collected a $40 million payout from a life insurance policy it took out on former executive chairman Jerry W.
Throgmartin, who died in January after a sudden illness.
MoreScrutiny rises on Bankers Life
January 9, 2012
J.K. WallAfter the insurer's name went on Indianapolis' downtown arena, CBS News focused on how hundreds of Bankers Life’s
long-term-care insurance policyholders have accused the company of having “beat them down with bureaucracy."
MoreDeficit committee could bite CNO
October 17, 2011
J.K. WallMedicare supplement policies are reportedly one of the targets of Congress’ special deficit-reduction committee—and
that’s not good news for Carmel-based CNO Financial Group Inc.
MorePrivate exchange could boost WellPoint profits
October 3, 2011
J.K. WallWellPoint Inc.'s participation in buying a majority stake of the private health insurance exchange operator Bloom Health could
help it get back to its roots as a health insurer—and make a bit more money in the process.
MoreWellPoint buying private health insurance exchange
September 20, 2011
Bloomberg NewsThe deal helps WellPoint compete for employers with the U.S. state-run marketplaces set to open in 2014 under President Obama’s
health-care overhaul.
MoreUnited Financial Systems slapped with lawsuit
April 9, 2011
Kathleen McLaughlinAn Indianapolis insurance brokerage disciplined for unauthorized legal practice might now face millions of dollars in claims
from more than 4,000 former clients because of a class-action suit filed in Marion Superior Court.
MoreSelf-funded plans draw small-firm interest
March 23, 2011
J.K. WallIn the face of new health reform restrictions, expect more small employers to opt for self-funded health benefits, concludes
a report this week from Indianapolis-based United Benefit Advisors.
MoreOneAmerica enjoys 24-percent surge in sales
March 15, 2011
J.K. WallThe Indianapolis-based life insurer pulled in sales last year of $1.7 billion and boosted its overall assets 12 percent, to
$24.4 billion.
MoreHealth insurers expect hit from reform rule
February 9, 2011
Associated PressMajor health insurers, including WellPoint, say a provision that requires them to spend a certain percentage of the premiums
they collect on care-related costs will eat into earnings this year.
MoreBaldwin & Lyons reports higher revenue, lower profit
February 3, 2011
Indianapolis-based insurer of car and truck fleets posts quarterly profit slightly lower than a year ago. Revenue, however,
rose to $67.7 million, up from $60.8 million in 2009.
MoreOneAmerica moves beyond small employers, eyes big retirement plans
December 18, 2010
J.K. WallOneAmerica Financial Partners Inc. last month launched an insurance product aimed at landing far larger retirement plans than
it has served before, and significantly growing its assets.
MoreHealth reform tripping up Indiana wellness incentive
November 27, 2010
J.K. WallFederal health reform will trump an Indiana law that allows health insurers to offer steep discounts to employers with healthy
workers and which institute aggressive wellness programs, but experts say other provisions will motivate small firms.
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Laura-the festivals and tastings are free. What does is strengthen the sense of community with activities. What are those empty lots doing for the Village? it's sad you can't see the good that this progress can do for the area. No one is requiring anyone to shop there. I guess you'd rather see a Dollar store move in or no, we'd rather see the property stand empty b/c change is out of the question.
Read down to the part about Brizzi. Someone needs to subpoena his "purchases" of Red RockPictures and Cellstar and his corresponding bank records, I mean c'mon, I'd like to see his alcohol usage records, too. http://diana-vice.blogspot.com/2011_01_01_archive.html
Wonder if my neighborhood can advertise our "retention" pond and act like it is a beach too?
a new record at the '11 salebration until they realized that it was a futile effort to get their crapwagon moter and crapwagon car up speed. And then they just quietly slunk off into the night and never spoke of it again. Nothing to see here folks.
millions for putting a company's bumper sticker on one of its Lolas. But you gotta take what you can get.