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Insurance
CNO Financial to take $57M charge in first quarter
March 28, 2013
Associated PressThe Carmel-based insurance holding company says it expects to buy back more of its shares and take a special charge tied to
a recent tender offer.
MoreStudy: Indiana individual health-claim costs to rise
March 26, 2013
Associated PressA study by the nation's leading group of financial risk analysts shows the biggest driver of health insurance premiums
will rise by more than 67 percent for Indiana residents' individual policies under President Barack Obama's health
care overhaul.
MoreStrong sales of retirement plans boost OneAmerica
March 22, 2013
Chris O'MalleyA big bet on employer-sponsored retirement plans is paying off for locally based OneAmerica Financial Partners, a company
best known for its life insurance offerings.
MoreGeico service center to create up to 1,200 jobs in Carmel
March 18, 2013
Mason KingThe insurer will invest millions to lease, renovate and equip a 109,000-square-foot customer service center at 101 W. 103rd
St. It plans to begin hiring immediately, and bring up to 1,200 new jobs by 2016.
MoreCarmel insurer looks within to find new CEO
March 16, 2013
IBJ StaffIndiana Farmers Mutual picks executive vice president and legal counsel to replace long-time leader Daniel Stone.
MoreFeds delay decision on Indiana Medicaid plan
March 13, 2013
Associated PressThe federal government has delayed action on Indiana's proposal to expand Medicaid because the state hasn't received
public comment on the proposals, but the issue could be resolved quickly with two hearings set for next week, a spokeswoman
for Gov. Mike Pence said Wednesday.
MoreIndiana crop insurance payouts for 2012 losses top $1B
March 12, 2013
Associated PressPurdue University said Tuesday that Indiana farmers received payouts for 2012 corn, soybean and wheat losses that are nearly
twice as much as the previous record of $522 million in 2008.
MoreBaldwin to move HQ to Carmel, add 133 jobs
March 4, 2013
J.K. WallTrucking and auto fleet insurer Baldwin & Lyons Inc. plans to move its headquarters from downtown Indianapolis to Carmel
by the end of the year and hopes to add 133 jobs over the next five years, the company announced Monday afternoon.
MoreIndiana Senate approves Medicaid expansion
February 26, 2013
Associated PressThe Indiana Senate voted Tuesday to expand Medicaid using a state-run program, as lawmakers and Gov. Mike Pence continue negotiating
how the state should cover an estimated 400,000 low-income residents.
MorePence still angling to use Healthy Indiana Plan to expand Medicaid
February 23, 2013
J.K. WallDecisions by other Republican governors to support Medicaid expansion is increasing pressure on Indiana's governor to do the
same.
MoreWellPoint shares tumble on surprising CEO hire
February 13, 2013
J.K. WallThe Indianapolis-based health insurer saw its stock tumble as much as 4.8 percent Wednesday morning after it unexpectedly
named career hospital executive Joe Swedish to be its next CEO.
MoreCNO Financial boosts fourth-quarter profit
February 11, 2013
The Carmel-based holding company for insurance firms reported fourth-quarter 2012 net income of $101.2 million, or 41 cents
a share. That was a 57 percent jump over the same quarter in 2011.
MoreIndiana Democrats to seek Medicaid expansion
February 8, 2013
Associated PressDemocratic leaders in the Indiana General Assembly are seeking expanded Medicaid coverage with the argument that it will lower
health care costs statewide.
MorePence rules out Medicaid expansion in current form
February 6, 2013
Associated PressGov. Mike Pence said Wednesday that he has ruled out expanding Medicaid under the federal health care law unless Indiana gets
approval to use state health savings accounts for the expansion.
MoreBaldwin & Lyons reports lower quarterly, annual profit
January 31, 2013
The Indianapolis-based transportation industry insurer attributed the lower earnings to smaller investment gains. Excluding
investments, quarterly profit increased due to fewer storm losses.
MoreWellPoint beats analysts' estimates with 4th-quarter profit surge
January 23, 2013
Associated Press, J.K. WallThe Indianapolis-based health insurer earned $464 million, or $1.51 per share, in the fourth quarter, a 38-percent leap from
a year ago, and topped analysts' forecasts by 8 cents per share.
MoreShepherd Insurance agency goes on buying spree
January 21, 2013
J.K. WallThe Carmel insurance agency acquired three separate companies in a flurry of activity at the end of the year that will add
17 people to its staff.
MoreNew tool could drive down employers' health care costs
January 19, 2013
J.K. WallTen of Indiana’s largest employers—including the state of Indiana; Cummins Inc.; CNO Financial Group Inc.; Indiana,
Purdue and Butler universities; and Indiana University Health—think they have hit upon a solution.
MoreHealth insurance changes daunting for Indiana employers
January 19, 2013
Scott OlsonA portion of the Patient Protection and Affordable Care Act requiring companies in 2014 to begin offering health insurance
to more workers is causing a lot of anxiety.
MoreInsurers may prove choosy with overhaul exchanges
January 17, 2013
Associated PressThe leader of the nation's largest health insurer warned Thursday not to assume widespread participation from his company
in part of health care overhaul's coverage expansion that unfolds later this year.
MoreIndiana Democrats pushing for more health care action
January 16, 2013
Associated PressDemocratic lawmakers pushed Wednesday for Indiana to take steps toward implementing the federal health care overhaul that
Republicans who control state government have so far rejected.
MoreAmerigroup chief emerges as a frontrunner for WellPoint job
January 15, 2013
Bloomberg NewsWellPoint Inc. is still considering former Amerigroup Corp. CEO James Carlson among several finalists to become CEO. Statements
and filings this month have fueled speculation among analysts and shareholders that Carlson has vaulted ahead of other prospects.
MoreTobias Insurance agency merges with Florida firm
January 10, 2013
Tobias Insurance, the Indianapolis area's eighth-largest independent insurance brokerage, is now part of Florida-based AssuredPartners.
Tobias will retain its name, employees and leadership.
MoreWellPoint draws criticism for California rate increase
January 9, 2013
Bloomberg NewsWellPoint Inc.’s plan to raise the rates for small employers in California was criticized as unreasonable by the state
insurance commissioner, who said customers are being charged this year to cover U.S. health-law fees that won’t begin
until 2014.
MoreWellPoint says earnings could slightly exceed expectations
January 8, 2013
Associated PressWellPoint Inc. said Tuesday that it expects 2012 earnings at the high end or slightly above a range that the health insurer
reaffirmed last month.
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Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.
Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.
I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.
The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.
I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!