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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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So the Mayor adds another non value added layer to having a vehicle towed? Whereby the City Government RECIEVES AN ILLEGAL KICKBACK FROM A LGOISTICS COMPANY THAT SUBS THE WORK TO LOCAL TOW COMPANIES? What is the service the City performs for receiving the "tribute"? This is RICO!!!!! What a corrupt and unnecessary layer. What a dirtbag Mayor and his cronies.
Owner occupied housing. Clear enough?
So people think I am paranoid. It's from experience in dealing with puds requested by developers who make major donations themselves to representatives, have nice fund raisers for those running for office and hide through pac's. then there are the public relation firms. You will note some pr comments below. You there Clyde Lee? My opinion. Commercial along 421, great. Multifamily housing, terrible idea that will change the town. Senior condos or zero lot line homes west, great. I suggest keeping all entries to commercial areas at 421. All entries to owner occupied on sycamore. Will keep the traffic on sycamore down some. Two other things. You can't trust what will be there in 10 years. Steve builds quality stuff, but areas change over time. Look at the changes at the wall mart center at 86th and 421 over the last 10 years. Look at the apartments and neighborhoods behind St Vincent's. Raintree properties WILL decrease in value if commercial and multifamily goes in near. It has already been happening around the bridges area. The houses that have been sold recently are way below market. Several deals not closed due to the Illinois construction and the whole unsurety of the bridges. It's pretty simple, Zionsville will approve the whole thing because the city council has been groomed over a LONG period of time for this. I might even suggest some are in their position as a result of this.
Esta, do you have a dog in this fight? You seem to really want to knock anyone against this project. No, I didn't move to Indiana for the architecture. I moved here for that red barn in the field. The horses and fields of corn. A place that is NOT overdeveloped. There are plenty of nearby places in Indianapolis that could be REDEVELOPED instead.
RKW - OK, we get it, you're paranoid. The question is, are you paranoid enough? Greg - Yes, Pittman(s) is (are) at it again. They are developers, they build things. It's what they do. So when you go to work tomorrow, Greg, you're at it again too. Cliff - Really? You moved to Indiana for its progressive architecture? That's like moving to England for the cuisine. Zionsvillain - The house you moved to was once a field or woods. I'm willing to bet folks were upset when that ground was plowed under and a house was built. But I guess now that you are in, everything should stop? "My house was OK, but the next one is sprawl." SE Guy - Please don't paint us with such a wide brush. Most reasonable Zionsville residents welcome planned, measured development.