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Insurance
WellPoint's first-quarter profit soars above expectations
April 27, 2011
J.K. WallThe Indianapolis-based health insurer earned $2.44 per share and raised its full-year profit forecast by 40 cents per share.
MoreCVS to pay $858K over inflated drug claims
April 21, 2011
Associated PressIndiana Attorney General Greg Zoeller says the state will get $858,000 from CVS Pharmacy Inc. to settle allegations that the
company overcharged Medicaid programs.
MoreInsurer coveted by Biglari sold to another firm
April 21, 2011
Scott OlsonSteak n Shake's parent company, Biglari Holdings, twice tried to acquire Fremont Michigan Insuracorp Inc. before the insurer
agreed to be sold to Michigan-based Auto Club Insurance Association. Biglari, which owns nearly 10 percent of the insurer's
shares, nevertheless was a winner in the sale.
MoreDisasters hammer Baldwin & Lyons—again
April 13, 2011
J.K. WallIndianapolis insurer Baldwin & Lyons Inc. stands to lose $15.5 million as a result of the earthquake and tsunami in Japan,
as well as other disasters in Australia and New Zealand.
MoreExecutive compensation surges at CNO Financial Group
April 12, 2011
J.K. WallThe Carmel-based life and health insurer more than doubled CEO Jim Prieur’s compensation, and also gave increases ranging
from 44 percent to 89 percent to other top executives.
MoreWellPoint to give shareholders annual 'say on pay' vote
April 8, 2011
J.K. WallAll publicly traded companies have to allow advisory votes about top executives compensation every two or three under the
Dodd-Frank financial reform passed by Congress last year.
MoreInsurer seeks to avoid claims from wedding accident
April 8, 2011
Kathleen McLaughlinA Michigan insurance company is seeking to avoid paying for any claims made by Mavris Arts & Event Center in Indianapolis
involving a high-profile fatal wedding-shuttle accident last summer.
MoreMedicare rules hammer hospitals, docs
April 6, 2011
J.K. WallBeing an accountable care organization will be the major leagues of health care after the federal Medicare program set a high
bar for the new kind of doctor-hospital organization.
MoreLafayette Life leaving in June; 159 jobs affected
March 30, 2011
All 159 employees of the insurance company will either relocate to Cincinnati or lose their jobs, according to a spokeswoman
for Lafayette Life's parent company. Lafayette Life was founded in 1905.
MoreWellPoint gets vote of confidence
March 30, 2011
J.K. WallHealth reform will make health insurance a less-profitable business, but WellPoint Inc. got a vote of confidence from bond
analysts because health-reform rules have turned out milder than expected and WellPoint’s financial performance has
been particularly strong as the economy recovers.
MoreQ&A
March 30, 2011
J.K. WallSusan Rider is an employee-benefits account manager at Indianapolis-based Gregory & Appel Insurance. On July 1, she will
become president of the Indiana State Association of Health Underwriters. She spoke about the first-year impact of the 2010
health reform law and further changes to come.
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.
MoreHealth insurers diversify away from regulations
March 23, 2011
J.K. WallOne year after President Obama signed the health reform overhaul, health insurers are buying less-regulated companies in a
bid to offset the lower profits and growth they expect the law to cause.
MoreHealthy Indiana Plan expansion opposed by some
March 21, 2011
Associated PressIndiana wants to use its public health savings account program for low-income adults to cover people who will become newly
eligible for Medicaid under the federal health care law beginning in 2014.
MoreWellPoint CEO received 3-percent raise last year
March 19, 2011
Associated PressThe Indianapolis-based insurer awarded Angela Braly a total pay package worth $13.4 million, up from $13.1 million in 2009
even as the company's profit and enrollment numbers slipped.
MoreRATHKE: My saga of staying up to date on health care reform
March 19, 2011
Tracey RathkeHuman resources used to be about payroll and benefits. Now it's also about watching Congress.
MoreHospital systems adopt Starbucks-style service
March 19, 2011
J.K. WallIndiana University Health is the latest system to drill employees ranging from clerks to physicians in how to treat patients.
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 insurance costs spike worldwide
March 9, 2011
J.K. WallThink galloping health insurance costs are a problem unique to American employers? Think again. Medical costs paid by employer-focused
health insurers rose by an average of 10 percent last year—identical to the United States.
MoreOneAmerica promotes CFO Davison to executive vice president
March 5, 2011
IBJ StaffWith the company recently doubling in size, CEO Dayton Molendorp wanted another executive to guide the company’s further
growth.
MoreWellPoint expects employer biz to stagnate
March 2, 2011
J.K. WallOver the next five years, WellPoint Inc. expects the employer-sponsored insurance business to shrink slightly, forcing it
to shift its focus to government-sponsored plans.
MoreUPDATE: CNO shares soar after quarterly profit rises
February 23, 2011
J.K. WallThe Carmel-based life and health insurer, in an after-markets announcement, said it earned $168.2 million in the final three
months of last year, a big jump from the $18.2 million profit it posted in the same quarter the prior year.
MoreWellPoint board declares 25-cent dividend
February 23, 2011
Associated PressWellPoint Inc. became the latest health insurer to reward shareholders with a quarterly payout after piling up cash from a
string of strong financial performances.
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.
MoreIndiana Farm Bureau unveiling ads during Super Bowl
February 4, 2011
Scott OlsonThe insurer's new campaign, developed by local advertising firm Young & Laramore, focuses on real-life situations amid a crowded
field of competitors.
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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.