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Insurers
WellPoint CFO says insurance 'mega-mergers' unlikely
February 9, 2010
Bloomberg NewsWellPoint Inc. chief financial officer Wayne DeVeydt said President Obama's Federal Trade Commission is unlikely to approve
mergers among the biggest insurers.
MoreWellPoint: More employers involved in provider talks
February 6, 2010
J.K. WallEmployer activism is on the rise when it comes to keeping hospitals honest in their negotiations with health insurers.
Executives at Indianapolis-based WellPoint say more employers are airing their displeasure when hospital
systems ask for double-digit reimbursement increases.
MoreBaldwin & Lyons swings to a fourth-quarter profit
February 4, 2010
J.K. WallIndianapolis-based trucking fleet insurer benefits from investment gains after large losses the previous year.
MoreConcluding the worst is over, investors warm to WellPoint
January 27, 2010
J.K. WallAnalysts say losses of employer-sponsored insurance customers due to layoffs is finally slowing down.
MoreIndy man gets 2 years for extorting insurance firm
January 13, 2010
Associated PressKevin Stewart stole a computer server that contained the names and confidential information of 900,000 people.
MoreDoctors resume battle with Anthem, health insurers
January 9, 2010
J.K. WallDoctors are pushing again to strengthen their hands in contract negotiations with health insurers, especially market leader
Anthem Blue Cross and Blue Shield.
MoreWellPoint stock surging on positive analyst forecasts
January 7, 2010
IBJ Staff and Associated PressThe long-term outlook for health care reform is uncertain, but many analysts are expecting big health insurers like Indianapolis-based
WellPoint to benefit in 2010.
MoreConseco shoots for $222M in stock offering
December 17, 2009
IBJ Staff and Associated PressThe company plans to use at least $150 million to repay debt under its senior credit agreement. The remaining proceeds will
be used for general corporate purposes.
MoreConseco offering new shares at $4.73 apiece
December 14, 2009
J.K. WallCarmel-based insurer hopes to raise $234 million through public offering.
MoreConseco wins dismissal of GM Building lawsuit
December 10, 2009
IBJ StaffA U.S. District judge threw out the lawsuit against Conseco, saying the company's emergence from bankruptcy in September
2003 wiped out prior legal claims.
MoreConseco shares fall on weak profit forecast
December 8, 2009
J.K. WallCarmel-based insurer also wants to amend bank loans to assuage investor concerns ahead of $200 million stock offering.
MoreReinsurance deal helps Conseco raise cash
November 20, 2009
J.K. WallCarmel-based Conseco's second deal with Minnesota-based Wilton Reassurance Co. will bring in $45 million.
MoreConseco plans new stock offering
November 19, 2009
IBJ StaffConseco Inc. plans to sell about $230 million in stock and use half of the net proceeds to repay debt under its senior credit
agreement.
MoreIndiana No. 3 in premium surge
November 18, 2009
J.K. WallHealth insurance costs have spiked 136 percent in past decade, more than three times more than wage growth.
MoreWellPoint, Obama administration battle over cost of health reform to employers
November 7, 2009
IBJ StaffAt this point in the health reform debate, you have to take numbers from any side with a grain of salt. That said, Indianapolis-based
WellPoint Inc. has done perhaps the only local analysis of how proposed reforms would affect the cost of health insurance
for employers.
MoreSenate probing WellPoint, others over small-biz rates
November 4, 2009
IBJ Staff and Associated PressThe Senate health care committee is investigating how health insurers, including Indianapolis-based WellPoint Inc., price
the coverage they sell to small businesses.
MoreQuarterly profit, revenue soar at Baldwin & Lyons
October 29, 2009
IBJ StaffBaldwin & Lyons Inc. on Thursday morning reported a record third-quarter profit, thanks to big investment gains and an increase
in premiums.
MoreWellPoint shares flat after profits beat analyst predictions
October 28, 2009
J.K. WallWellPoint Inc.'s third-quarter profits soared above analysts' expectations, but the insurer remains cautious in the face of
the flu and high unemployment.
MoreWellPoint's third-quarter profits beat expectations
October 28, 2009
J.K. WallWellPoint Inc.'s third-quarter profits fell 11 percent, the company reported this morning, but still soared above analysts'
expectations.
MoreIndiana insurance industry weathers hard times
October 24, 2009
J.K. WallEmployment in Indiana's insurance industry has remained stable despite a poor economy.
MoreGregory & Appel celebrates anniversary by writing 125 checks to charity
October 24, 2009
IBJ StaffThe awards of $500 each total $62,500. “In lieu of doing a party, it was more
appropriate and more the corporate culture of Gregory & Appel to do something charitable,”
Vice President Steve Appel said.
MorePower Breakfast panel debates health care reform
October 17, 2009
As health care legislation
continues to wend its way through Congress, Indianapolis-area industry leaders still harbor strong
opinions about the issue. Five industry insiders discussed how to improve the health care system during
IBJ’s Power Breakfast Sept. 25 at the Westin Indianapolis.
MoreBaucus health reform bill draws fire in Indiana, too
October 17, 2009
IBJ StaffThe health insurance industry’s sudden counterpunch to the Senate version of health reform echoed in Indiana and
opened a key issue for the rest of the debate: Will covering half of the country’s uninsured mean raising premiums for
the 85 percent of Americans who already have insurance?
MoreConseco shares soar on hedge-fund investment
October 14, 2009
J.K. WallShares of Carmel-based life insurer soared as much as 26 percent, to $6.30 apiece, in morning trading after New York-based
Paulson & Co. agreed to buy $78 million in Conseco stock and $200 million in company bonds.
MoreVIDEOS: IBJ panelists examine needs, options for health-care reform
October 13, 2009
J.K. WallPresenting five video excerpts from a free-wheeling panel discussion about health-care reform featuring five of the city's
top decision-makers. J.K. Wall moderates the IBJ's Power Breakfast, covering tort reform,illegal immigrants, pay models and
insurance companies.
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Doug Henning!
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Magician and illusionist!
The basic idea of nice apartments with parking and retail is a good one, but this design seems overwhelmingly big/tall for Broad Ripple. The size could be disguised a bit with lots of big trees/landscaping, but the complex is too massive to blend in easily. That section of canal between College and Westfield will also need to be upgraded on both sides. Nice apartments facing onto a nice promenade with shade trees/plantings could bring together the canal towpath/Monon recreation, the outdoor seating at existing restaurants, and this project into something that upgrades the whole area. A plan for the whole stretch makes more sense than facing nice new housing onto what looks like a ditch. Is there a plan? Does the public have input? Who pays? The apartment idea seems to be reasonable, but Whole Foods is not a good idea for appropriate retail. Besides the store being physically too big, there are already Fresh Market at 54xCollege and Whole Foods in Nora for fancy groceries. Good Earth and Kroger are within walking distance of the Shell site. There are at least 7 grocery stores within a safe bike ride. Whole Foods would add nothing but traffic congestion. This design is on the right track, but there needs to be more work done to ensure that it blends in with and enhances the existing community. A project that large will set a tone for that whole part of town. It could be a real asset, but only if done right.