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Insurers
Insurer 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.
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.
MoreMaturing Chinese market gives WellPoint new prospects
March 26, 2011
Greg AndrewsPremiums for private health insurers in China are expected to rise to $90 billion by 2020 from $9 billion now, and WellPoint
Inc. is angling for a big piece of that pie.
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.
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.
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.
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.
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.
MoreJudge's ruling raises uncertainty for health care execs
February 2, 2011
J.K. WallAfter a federal judge in Florida struck down the entire health reform law, investors shrugged. But the uncertainty for executives
in health care companies increased.
MoreExecs from WellPoint, peers meet to hone health-law lobby
January 31, 2011
Bloomberg NewsTop executives from WellPoint Inc. and UnitedHealth Group Inc. are meeting almost monthly with their counterparts from Aetna
Inc., Cigna Corp. and Humana Inc. in an informal lobbying alliance aimed at blunting parts of the health-care law, say sources
with knowledge of the sessions.
MoreWellPoint profit better than analyst estimates
January 26, 2011
Bloomberg News, J.K. WallExcluding special charges, WellPoint’s profit fell 2 percent to $524.7 million in the fourth quarter from $536 million
in the fourth quarter of 2009. But earnings per share improved thanks to stock buybacks.
MoreIndyCar deal creates series-branded insurance plan
January 5, 2011
Anthony SchoettleOpen-wheel race series signs three-year sponsorship pact with Dallas-based Global Corporate Alliance.
MoreWellPoint’s New York rate hike to face scrutiny
December 21, 2010
Bloomberg NewsWellPoint Inc. and other U.S. health insurers will have to provide justification for any increases to customers’ premiums
of more than 10 percent next year, according to federal regulations published Tuesday.
MoreCNO Financial plans $300 million sale of debt
December 8, 2010
Bloomberg NewsCarmel-based CNO Financial Group Inc., the insurer formerly known as Conseco Inc., plans to sell $300 million of seven-year
senior-secured notes, according to a company statement.
MoreTwo more WellPoint executives set to depart
December 3, 2010
Associated Press, J.K. WallChief Actuary Cynthia Miller and Chief Strategy Officer Bradley Fluegel—both of whom were prominent during the health reform
debate—are leaving the health insurance giant.
MoreSwing in governors could help WellPoint deal with reform
December 1, 2010
Bloomberg NewsRick Scott of Florida will get another chance next month to derail the law President Obama signed in March when he and 21
other Republican governors-elect are sworn in just as states begin implementing details of the legislation the candidates
campaigned against.
MoreCNO Financial looking to refinance bank loans
November 30, 2010
J.K. WallThe Carmel-based life and health insurer says it has started discussions with a group of lenders about refinancing $652.1
million in debt.
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.
MoreHealth insurance stocks rise after spending rules outlined
November 22, 2010
Bloomberg NewsU.S. health insurers, including WellPoint Inc., can include the cost of federal taxes in determining whether they spend enough
on patient care, the U.S. Health and Human Services Department said Tuesday.
MoreAnthem, critics face off over rate-hike request
November 17, 2010
Associated PressAnthem, a subsidiary of Indianapolis-based WellPoint Inc., is seeking a 19.9-percent raise for 48,000 individual policy holders
in Connecticut, citing escalating health care costs.
MoreState sues WellPoint over data breach
October 30, 2010
Associated PressThe lawsuit filed Friday in Marion County accuses Indianapolis-based WellPoint of violating a state law that requires businesses
to provide notification of data breaches in a timely manner.
MoreBaldwin & Lyons reports lower profit, higher revenue
October 28, 2010
Kathleen McLaughlinThe insurer announced Thursday morning that it earned $9.2 million in the third quarter, down from $14.3 million a year ago.
Quarterly revenue rose to $67.3 million, up from $65.5 million.
MoreWellPoint dismisses highly paid subsidiary CEO
October 25, 2010
Associated PressLast year, Dijuana Lewis earned a $650,000 salary as one of the insurer's highest paid executives and received a $200,000
bonus in part for helping to lead the sale of the NextRx subsidiary to Express Scripts Inc. for about $4.68 billion.
MorePrincipal Financial shift to result in local layoffs
October 20, 2010
IBJ StaffFinancial giant Principal Financial Group Inc. is exiting the health insurance business, a move that will cost 60 Indianapolis
workers their jobs.
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RKW's comments read like a modern "Chicken Little". As a Raintree resident for many years, "Yes, I'm ready for this." Matter of fact, I welcome The Farm because it's a development that compliments our town, brings new and desirable shopping & dining closer (specialty grocer, upscale shops, micro brew pub, etc), offers upscale condos for empty nesters who want to stay in Zionsville, is being planned and constructed by local, well-reputed firms and, of course, provides desirable non property tax benefits. We all knew the Pittman's were going to develop their property sooner than later. That one of the Pittman's will continue to live on the property helps assure The Farm will be everything promised. This also sets a standard for other developers as to the quality of future developments - which should keep an ugly Walmart at bay for decades. As we've no meglomaniac mayor, I seriously doubt Zionsville would ever aspire to over-priced statues or subsidized retail rents. And we already have a very nice public theater, the Zionsville Performing Arts Center, that meets our cultural needs quite nicely.
Do we add (or subtract) these from the bounty we recieve from RTWFL, Daylight Savings Time, corporate tax giveaways, and the crack job IEDC is doing?? Or is Mike going to blame these on Mitch?
Who makes Tater Tots? They would be a good sponsor, because $3 Million for the alleged "Greatest Spectacle In Racing" is taters. Tiny, tiny taters. But at least they are making up something of the losses accumulated over the years in this dying sport. Buttock in seat is certainly not doing it, nor eyeball on TV, as evidenced by the lack of both.
We loved lakehouse and think the Arbor Village would be a great location. It is less than 2 miles from over 1000 rooftops in the 225,000 to over 1 million range. Many people could use the great fishers trail system to bike or walk there. Just an idea Scotty -- but maybe something closer to 3 Wiseman would good. The only microbrew in area is Ram (boring)
True, it's an ESPN production, but ESPN is just another name for ABC Sports, or what used to be ABC Sports since ABC Sports no longer exists as a name. ESPN=ABC Sports= ESPN. ESPN is, according to Forbes "the world's most valuable media property" worth $40 billion. Despite that, they fired 400 people this week.