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Insurance
Indiana Restoration Services Inc.: Disasters send firm into action Restoration helps get homes, businesses back to normal
Disasters-natural and otherwise-can strike at any moment. Floods, fires, tornadoes, even backed-up sewers and broken water
pipes can
March 7, 2005
Della PachecoDisasters-natural and otherwise-can strike at any moment. Floods, fires, tornadoes, even backed-up sewers and broken water
pipes can wreak havoc on homes and businesses. Dealing with the aftermath-waterlogged furnishings, mold, structural damage
and other devastation-is what Indiana Restoration Services does 24 hours a day, seven days a week. Co-owners Dan Hanlin and
Darren Peck didn't start out with a detailed business plan to run a disaster-recovery business with $3 million plus in annual
revenue. "We got into the business by...
MoreClarian's capabilities keep Combine here: Medical services lure NFL officials, owners back to Indy
February 28, 2005
Anthony SchoettleWhen Mayor Bart Peterson announced in December plans to build a new stadium for the Indianapolis Colts, he mentioned as a
side note the $600 million facility would help retain the National Football League Scouting Combine. The mayor's pronouncement
is no side note to Clarian Health Partners, the hospital system that handles all the athlete medical testing for the four-day
Combine, which runs this year through March 1. "We were told by Clarian officials this event adds $1 million to...
MoreAlliance seeks to grow survey: Employers coalition wants companies to get more information about insurers
February 28, 2005
Tom MurphyAn employer's coalition has launched a plan to expand what Indiana companies know about the health care insurance they buy
for their workers. Earlier this month, the Indiana Employers Quality Health Alliance mailed invitations to several insurers
asking them to participate in their 2005 eValue8 performance assessment. The concept is nothing new. However, this year, alliance
President Dr. Ned Lamkin hopes more insurers respond and their ensuing report reaches a wider audience of employers, right
before they choose their health...
MoreFAMILY BUSINESS: Consider having lawyer audit your business Small doses of advice from all of the professionals you consult
with can prevent serious problems in the future
February 28, 2005
Eric ManterfieldMany family business owners view their lawyer as a necessary evil. It's almost as though we carry some deadly disease; call
your lawyer only when the life of your business depends on it! But just as physicians have learned to control smallpox with
small doses of vac cine, administered over time, the owners of a family business can also use regular doses of lawyers and
other advisers to minimize the risks of the many problems that can put your business...
MoreSupporters predict passage of waiver bill: Measure would allow uninsured to sign up for health care policies that exclude
some pre-existing conditions
February 28, 2005
Scott OlsonIndiana is one of only a few states in which individuals cannot agree to waive coverage for pre-existing conditions in order
to get at least some type of health insurance. That could change this year, however. Dueling bills in front of the Legislature
have passed out of the House and Senate and are being considered by the opposite chamber. Rep. Gerald Torr, R-Carmel, authored
one of the measures and is confident some form of his legislation will pass. The object...
MoreBill keeps mandate debate swirling: Biz community favors stripped-down option
February 28, 2005
Scott OlsonSmall-business owner Gail Piltz, who is paying 31 percent more this year than he did a year ago to insure himself and his
four employees, has a somewhat radical philosophy regarding health care insurance. His suggestion: Everyone should be responsible
for his or her own health care plan, just like they are with their automobile and homeowner's insurance. That way, he said,
people might abuse the system less and make coverage more affordable. Piltz's proposition has failed to gain traction...
MoreNew suitor sees future in Standard: Investor says he'll leave life insurance arm in Indy
February 21, 2005
Tom MurphyJohn Franco left Kentucky-based ARM Financial Group Inc. more than a year before it imploded, and he sees Standard Life Insurance
as his ticket to re-enter the insurance market. ARM Financial sank a few years ago under the weight of enormous losses, bankruptcy,
shareholder lawsuits and insurance downgrades. Franco and others say he had nothing to do with the demise of the company he
helped found. "After I left, the company pursued a very different path and the rest is...
MoreOneAmerica grows bullish on its future: New leadership hopes to sustain steady growth
February 21, 2005
Tom MurphyOneAmerica Financial Partners Inc. kept busy with a brand change, a record year for retirement services and the arrival of
several new leaders in 2004. New President and CEO Dayton Molendorp plans to keep the positive momentum flowing with 34 key
projects outlined in the 2005 business plan. But analysts say the Indianapolis company will have to grow in the face of strong
competition and a pressing need to keep up with technology. The company formerly known as AUL unveiled...
MoreCHRIS KATTERJOHN Commentary: Does good biz mean good guv?
February 21, 2005
CHRIS KATTERJOHN Commentary Does good biz mean good guv? It's already crystal clear that Gov. Mitch Daniels intends to live
up to his promise to shake things up in Indiana government. It's even clearer that he believes the people who will help him
succeed in doing so are people who have been successful in business. I'm guessing a large number of IBJ readers are eating
this up. For as long as I can remember, businesspeople have complained about government bureaucracy...
MoreHead of IT firm ensures company primed for growth: She started business to offer customized training but altered her strategy as circumstances changed Strategic decisions "She almost vibrates" Female support
February 14, 2005
Kathy MaeglinKathy Carrier's dad was angry when she left a lucrative job at a Fortune 500 company to start her own firm. But four years
later, when she won an Ernst & Young Entrepreneur of the Year Award, he told his daughter: "Clearly your vision for yourself
was greater than the one I had for you." In less than seven years, Carrier, 46, has built her Fort Wayne-based information
technology writing and training firm, Briljent LLC, into a business with annual...
MoreMovie theater ads spark big-screen debate: Appeal of captive audience and demographics push advertising sales to record levels,
prompting backlash
February 7, 2005
Anthony SchoettleRon Keedy can be found taking tickets, popping popcorn and sweeping floors at Key Cinemas on Indianapolis' south side. There's
little Keedy won't do to build customer loyalty at the two-screen cinema he owns. What he won't do is sell advertisements
to go along with the first-run, often offbeat films he shows. Keedy thinks movies are art, and there's no place for commercial
ads in the art his patrons pay to see. "Maybe I'm a purist," Keedy said. "I feel...
MoreCancer plan enters action phase: State health initiative unveils multi-pronged strategy to take on deadly disease
January 31, 2005
Scott OlsonBut Dr. Greg Wilson, the department's commissioner who stepped down Jan. 25 due to the change in administrations, realizes
it's going to take more than money to snuff out unhealthful habits, such as smoking. "Three-hundred-thousand dollars will
not cure cancer in Indiana," Wilson said. "We really have to utilize the private sec- tor and we really have to involve all
the participants." Those participants include 110 organizations that make up the Indiana Cancer Consortium, an effort initiated
in 2001 to...
MoreAdvocacy office leader will keep job with state: Daniels administration retains Kernan appointee, who took new position in
July
January 31, 2005
Scott OlsonAmid all the resignations and terminations in state government recently, at least one holdover appointed by the previous administration
is remaining on the job. And small-business advocates could not be more pleased. David Dorff, whom former Gov. Joe Kernan
tabbed in July to lead the state's new Office of Small Business Advocacy, received word from Gov. Mitch Daniels in early January
that he would remain on staff. Kernan unveiled the agency last summer as part of a series of initiatives...
MoreDuke scratches spec itch on far north side: Nine Parkwood doesn't signal new building boom
January 31, 2005
Tammy LieberA strong leasing year in the Meridian corridor Class A office submarket led Duke Realty Corp. to break ground on a speculative
office building, but local experts don't expect other developers to follow Duke's lead anytime soon. Site work has begun on
Nine Parkwood Crossing, the final building in Indianapolis-based Duke's project on 96th Street east of Meridian Street. Completion
is set for January 2006. Minnesota-based American Family Insurance will occupy 45,000 square feet of the building, moving
its offices...
MoreWellPoint gets warm welcome on market: Analysts see many reasons for stock's attractiveness
January 31, 2005
Tom MurphyThe new year dawned bright for WellPoint Inc., with the freshly formed company's stock price in the middle of what one analyst
called "somewhat extraordinary" growth. Shares for the insurer jumped nearly $8 apiece on Dec. 1 to close at $109.10 the first
day they traded under the WellPoint Inc. name. Before that date, the shares traded under Anthem Inc. Steady growth continued
from there. The price hit a 52-week high Jan. 19 when it closed at $123.60, according to...
MoreEmployers target obesity through wellness programs: Overweight workers contribute to higher health costs
January 31, 2005
Della PachecoCompanies enjoy seeing an increase in their bottom line as a reflection of positive growth. They don't, however, like to see
growth in employee "bottoms," as evidenced by a national obesity epidemic that is becoming a public health crisis and is cutting
into corporate profits through increased health care costs. A study by the not-for-profit, nonpartisan Trust for America's
Health reported that nearly 119 million American adults-65 percent-are overweight or obese. The group warns that obesity may
soon overtake tobacco...
MoreMalpractice proposals clash with Indiana law: Federal reform efforts could create confusion
January 31, 2005
Scott OlsonPresident Bush's proposal to lower health care costs by capping medical malpractice awards could create questions in Indiana,
where state lawmakers passed similar legislation 30 years ago. Bush made his case to reform health care earlier this month
in Madison County, Ill., across the Mississippi River from St. Louis. The American Tort Reform Association has called the
county the "judicial hellhole" of the nation because of a reputation for huge jury awards won by plaintiffs. The president
wants to place...
MoreGrowing groups carry clout: Successful physician organizations drive deals for new health care facilities
January 31, 2005
Tom MurphyIndiana's largest group of cardiologists was almost ready a few years ago to build its own specialty hospital in partnership
with an out-of-town chain. The Care Group LLC had entered deep discussions with North Carolina-based MedCath Corp. to create
a potent duo in a profitable field. The doctors told St. Vincent Health, which depended on them for cardiology expertise,
"at the 11th hour" of their plans, said Dr. Skip Hallam, a cardiologist and Care Group CEO. "They stepped up to...
MoreFailed deals raise questions: Standard Management calls off two health services acquisitions, delaying strategic shift
January 31, 2005
Tom MurphyStandard Management Corp. lost a large chunk of potential revenue and raised more questions about its future when it recently
revealed the end of deals to buy two health services companies. The deals' collapse stifles attempts, at least for now, to
shift the company's business focus from life insurance to providing medical services. And it's caught the attention of regulators
who are giving the company a close look. The India n a p o l i s holding company stated...
MorePartners bet on Capitol block: Shiel Sexton teams up with Gregory & Appel to redevelop old factory
January 24, 2005
Andrea MuirraguiAn Indianapolis contracting company is deepening its near-north-side roots-and exploring another avenue of the real estate
business-with a multimillion-dollar plan to renovate and rent out an 85-year-old building just blocks from its Capitol Avenue
headquarters. Shiel Sexton Co. Inc. has agreed to spend more than $5 million on the 60,000-square-foot brick building at 1402
N. Capitol Ave., restoring the property to its former glory and transforming it from industrial to office use. The company
also is seeking tenants for a...
MoreA business decision: Appointee: Finances, not tax woes, led to reconsideration
January 24, 2005
Tom MurphyHarold Calloway said his sudden decision last week to decline his appointment as Indiana's next insurance commissioner boiled
down to a reluctance to leave the business he built from scratch. His change of heart had nothing to do with several state-income-tax
warrants filed against him and his wife, Frankye, according to Calloway. All the warrants have been satisfied or paid, according
to state records. Gov. Mitch Daniels announced late last month that he had picked Calloway, 58, to become the...
MoreVIEWPOINT: We stand on the shoulders of black business giants
January 24, 2005
Jesse L.In a recent conversation with a family member regarding the lack of African-American businesses in the high technology, life
sciences and larger manufacturing arenas, I began to wonder, "What are the barriers that prevent African-Americans from entering
business? Are conditions worse now than in the past when we seemed to have greater representation in these areas?" Some will
say it is the lack of access to capital. Some will point to the continued aura of racism and prejudice, while still...
MoreStandard Life deal on hold: Firm still trying to sell life insurance business
January 17, 2005
Tom MurphyStandard Management Corp. ended a difficult 2004 the same way it started the year: trying to seal a deal to sell its life
insurance business. The Indianapolis holding company announced in November a plan to sell Standard Life Insurance Company
of Indiana to "an unaffiliated third-party buyer." That marked the third time in 2004 that Standard entered into such an agreement,
according to SEC filings. Company shares jumped 27 percent to close at $3.55 the day of the Nov. 22...
MoreSchool-based clinics get boost from grant: Learning Well Inc. operates in 53 Marion County schools
January 17, 2005
Andrea MuirraguiIndianapolis-based Anthem Foundation gave Learning Well Inc. $100,000 to open two school-based clinics in Marion County and
support its efforts to address childhood obesity and asthma. But the effect will go much further than that, one board member
said. "We're finally seeing stability and potential for growth," said Betty Wilson, a member of Learning Well's executive
committee and CEO of The Health Foundation of Greater Indianapolis, which has plowed millions into the program and is a driving
force behind the...
MoreWorkers' Comp safety net lands in new claims pool: Market of last resort changes way it handles premiums
January 17, 2005
Tom MurphyThe state ran into problems, though, when several insurers became insolvent, which cost the state more than $1 million in
recent years. Starting Jan. 1, all the premiums began going into a trust account, which pays the claims as needed. The insurance
providers will not be called upon unless that account runs dry, Cooper said. The state safety net for Worker's Compensation
insurance began the new year with a new plan to pay claims, one that might lead to fewer...
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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!
Coming from her background,she should be used to those kinds of advances! Menard probably figured it was ok to tuck a buck!
I'm still waiting for the list of available, high quality apartments in the Village.
This criminal masquerading as a lawyer obviously has serious issues. He’s been proven by his own testimony to be a pathological liar and probably has a personality disorder as he seems to be constructing a reality around himself. He places no value on truth, honesty or loyalty as evidenced by what he has done to his clients and his own family. And by the demands and lies he has made in court, it is evident he feels entitled to do and say whatever suits his purpose and everyone else is expected to nod obediently and believe him because he is, after all, Bill Super Lawyer; or BS lawyer for short. This millionaire wanna-be no longer owns anything of value; he squandered it and put everything he had into foreclosure. He has no money, house, car, boat or vacation home left to show for what he earned or what he stole. He’s just another loser without morals who will be doing time. I’m certain all of his courtroom shenanigans are antagonizing his poor victims. As Lamar said, his behavior and claims in court have been outrageous. The judge needs to be more than concerned; he needs to be judicial and end this nonsense.