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Insurers
WellPoint among 13 picked to join California exchange
May 23, 2013
Bloomberg NewsCalifornia residents who choose to buy health insurance through the state exchange being created by the Affordable Care Act
may end up paying higher premiums.
MoreThree WellPoint directors step down, cite personal reasons
May 13, 2013
Bloomberg NewsLenox Baker, Sheila Burke and Susan Bayh resigned from the board effective immediately, Indianapolis-based WellPoint said
Monday in a regulatory filing.
MoreStudy rebuts hospitals' argument on Medicare, rising costs
May 13, 2013
Rather than raising prices on private health insurers to make up for inadequate payments from the government, hospitals across
the country have been raising prices just because they can, according to a new study.
MoreGovernor taps ex-WellPoint CEO Braly for IEDC board
May 7, 2013
J.K. WallThe appointment is the first high-profile post that Braly, 51, has accepted since she was ousted from the top spot at the
Indianapolis-based health insurer in August.
MoreInvestment 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.
MoreCNO sees smaller profit after paying off debt
April 24, 2013
IBJ StaffCNO Financial Group Inc. posted much lower earnings in the first quarter after suffering a $57.2 million loss in the period
on the extinguishment of debt.
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.
MoreInvestors await progress report from WellPoint
April 22, 2013
Associated PressMany investors expect the health care overhaul's coverage expansions to affect WellPoint more than other insurers.
MoreState Farm must pay Fishers contractor $14.5M, court rules
April 11, 2013
IBJ Staff, Indiana Lawyer StaffThe Indiana Court of Appeals has affirmed a $14.5 million award of damages against State Farm Insurance to a Fishers-based
construction firm. The award is one of the largest defamation awards in U.S. history, according to the court.
MoreEmployer health coverage on 10-year fall, study says
April 11, 2013
Bloomberg NewsIndiana, Michigan and South Carolina saw the steepest declines in employer-backed coverage from 2000 to 2011, according to
a study released Thursday.
MoreMedical finance driving major changes in health care marketplace
April 6, 2013
J.K. WallBrian and Emily Kahn had virtually identical physical therapy. He paid much more than she did. Why? Because of where the therapy
took place.
MoreWellPoint execs get double-digit pay bumps while stock falls
April 4, 2013
J.K. WallThe Indianapolis-based health insurer’s board of directors approved higher compensation heading into 2012, after most
of its top executives saw their pay hold steady or decline in 2011.
MoreOutgoing WellPoint CEO made more than $20M last year
April 2, 2013
Associated PressThe compensation paid to outgoing Wellpoint Inc. CEO Angela Braly last year rose 56 percent, even as the company's shares
slid on lower enrollment in its Blue Cross Blue Shield health plans.
MoreWellPoint jumps after feds reverse Medicare decision
April 2, 2013
Bloomberg NewsShares of Indianapolis-based WellPoint rose along with those of other medical insurers Tuesday morning after the U.S. government
reversed a decision to cut a key Medicare payment rate, offering them an increase instead.
MoreCNO 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.
MoreHealth records operation looking to raise $20M
March 25, 2013
J.K. WallThe Indiana Health Information Exchange Inc. hopes to raise roughly $20 million over three years to take its health information
technology services to hospitals around the country.
MoreStudies: Employers could save with Medicaid expansion
March 18, 2013
J.K. WallThe debate over expanding Medicaid in Indiana so far has hinged on how much it will cost. But two recent studies suggest Hoosier
employers should be focused on how much a Medicaid expansion will save them: perhaps as much as $400 million per year.
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.
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.
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.
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First, let me say that I love the idea of communities being self-sufficient and people in the community not needing cars, living, working and shopping all in their neighborhood. To sum it up; I love good urban planning and hate urban sprawl. However, there are two reasons that I am against this development. First, this building doesn't fit. Density can occur in Ripple by building up top the street and better use of land. The scale of this project should be downtown. Secondly, I would be willing to bet that if a whole foods in Ripple is built, the Nora store would be closed. Here's my reasoning. The Nora Whole Foods expansion plans have been put on hold. I'm guessing they are waiting to see what happens with the Ripple proposal. Communities next to each other should work together to end sprawl and not work against each other and take other neighbors assets. Develop something both communities can be proud of and will attract more development and density. There's my soap box for the day.
My apologies, Lou - it was the Indy Star that printed cost for entertaining "celebrities" during Indy 500. Sorry for confusing the always timely IBJ with Indy's Gannett reprint news source.
That's fine if you want a grocery store that has festivals and live music. I guess with the prices they charge, they can afford to host such activities. As for me, I choose to spend my money more wisely and if I want to go to a festival or a concert, I will pay for that separately - not through my grocery bill.
TIF is not just to attract development but to attract a higher use for that development. Carmel wisely is using TIF for numerous public parking garages. Asphalt seas of parking pay little taxes and bring even less value to a commercial area. Also density is what is going to save Indy and Broad Ripple. The days of trying to compete with burbs are long gone.
The Prestige was an awesome movie.