Regional News

Conseco reinsurance deal swaps profits for cashRestricted Content

July 13, 2009
 IBJ Staff
Carmel-based Conseco Inc., still a bit strapped for cash, brought in a reinsurance company to shoulder some of the risk of its life insurance policies. Minnesota-based Wilton Reassurance Co. will pay $57.5 million to Conseco as a ceding commission to co-insure and administer 104,000 policies held by Conseco subsidiaries.
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Franklin College sues like-named competitor over marketing push

July 6, 2009
J.K. Wall
Franklin College filed a lawsuit today alleging trademark infringement against Ohio-based Franklin University, which will open a campus in Castleton this fall. The liberal arts college south of Indianapolis said the newcomer's marketing blitz has been too close to Franklin College’s own branding.

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Carmel tech firm takes coupons into digital eraRestricted Content

July 6, 2009
Chris O'Malley
Carmel-based mobile marketer Tetherball has deployed a program using a radio frequency identification device that can measure in detail to what extent customers redeem loyalty and rewards offers.
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Legislature snubs casinos, but forms study committeeRestricted Content

July 6, 2009
Peter Schnitzler
Indiana's struggling gambling industry didn't get the relief it sought during the special session of the Indiana General Assembly. But embedded within the budget bill approved June 30 is a provision creating a gambling summer study committee. Its recommendations, due by Dec. 1, may make or break several of Indiana's casinos.
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Web site aspires to be source for all things FishersRestricted Content

July 6, 2009
 IBJ Staff
Noblesville resident Tom Wagenhauser is revamping the Hamilton County-centric Web site FishersFind.com and hopes to double its weekly traffic.
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Cummins sues insurers over $381M in flood claimsRestricted Content

June 29, 2009
Peter Schnitzler
Cummins Inc. is battling its insurers in court, saying they're refusing to pay most of the company's $381 million in claims stemming from the flood that immersed its southern Indiana facilities a year ago.
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Boomtown on hold: Recession delays Honda's full impact on GreensburgRestricted Content

June 22, 2009
Kathleen McLaughlin
Jobs created by the new manufacturing plant have been offset by losses elsewhere in the community, and related development remains scarce. But local officials remain optimistic about Honda's long-term impact.
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Anderson's abundant water supply makes city well-suited for Nestle, other food processorsRestricted Content

June 15, 2009
Kathleen McLaughlin
The city of Anderson soon will tap a new well to help accommodate demand from Nestle USA, which opened a Madison County plant in May 2008 producing bottled, flavored Nesquik and liquid Coffee-mate, a water-based creamer. The company already has launched an expansion slated for completion in 2011.
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Newcomer Franklin University could create marketing mix-up for Franklin CollegeRestricted Content

June 8, 2009
J.K. Wall
Ohio-based Franklin University's move into the Indianapolis market sets up the potential for significant name confusion with Franklin College, the liberal arts school 30 minutes south of Indianapolis.
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State audit findings sting WestfieldRestricted Content

June 8, 2009
Cory Schouten
Westfield's mayor says the city's rapid growth and small staff are to blame for accounting problems raised in a State Board of Accounts audit.
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Outlying counties, tired of waiting for Indianapolis convention spillover, set own strategiesRestricted Content

June 1, 2009
Anthony Schoettle
Some industry insiders worry that, while Indianapolis is busy chasing bigger conventions, adjoining counties may raid the cupboard made plentiful by investments within Marion County, particularly downtown.
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Carmel Community Players retools after lost grant; group facing $75,000 debt, loss of longtime venueRestricted Content

June 1, 2009
Kim Puckett
Cash-strapped theater group Carmel Community Players has nixed its summer musical, canceled its Summer Camp for Kids, and pulled out of Carmelfest 2009 after being denied the public funding it has received for years.
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Candy store aims for sweet successRestricted Content

May 25, 2009
George Umbarger
A focus on old-world quality with modern services and efficiency drives the owners of Simply Sweet Shoppe & Second Story Playhouse.
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Kroger eyes Zionsville locationRestricted Content

May 25, 2009
Kroger Co. is looking at land in Zionsville for a new store.
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DINING: Cobblestone Grill offers tasty lunch until 5

May 25, 2009
Lou Harry

One of the pleasures—and there are numerous ones—of Zionsville’s Cobblestone Grill (160 S. Main St., Zionsville, 873-4745) is that its lunch menu is offered beyond the traditional midday-meal hours.

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Recession slows the creation of a self-contained Boone County communityRestricted Content

May 18, 2009
Kathleen McLaughlin
Creating a self-contained community on 1,700 acres of farmland could take much longer than the 15 to 20 years Duke Realty Corp. predicted.
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Franklin ban snuffs out smokingRestricted Content

May 11, 2009
Tavern owners in Franklin will mothball their ashtrays next month following the passage of a smoking ban May 4. City councilors voted 6-1 to make the ban one of the most restrictive in the state.
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Indiana wages now well below averageRestricted Content

May 4, 2009
Morton Marcus
Last week the U.S. Bureau of Economic Analysis released its estimates of county personal income and all the detail comprising those data.
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Westfield mayor hopes $60M stadium project will transform cityRestricted Content

April 27, 2009
Cory Schouten
Westfield Mayor Andy Cook is proposing a $60 million youth sports complex with a 4,000-seat multipurpose outdoor stadium, indoor sports facilities and sports fields with the goal of establishing the Hamilton County community as the "Family Sports Capital of America."
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Colts staying at Rose-Hulman for training camp

April 24, 2009
 IBJ Staff and Associated Press
The Indianapolis Colts are staying at Rose-Hulman Institute of Technology for training camp. The team has conducted its camp at the Terre Haute school since 1999.
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Westfield plans $60M youth-sports complex

April 23, 2009
Cory Schouten
The mayor of Westfield announced plans this morning to build a $60 million youth sports complex with a 4,000-seat multipurpose outdoor stadium, indoor sports facilities, and fields for baseball, soccer, softball and lacrosse. The sports facilities would anchor a 1,500-acre development by locally based Estridge Co. along Towne Road between 146th and 161st streets.
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CIB's deficit is a state problem, not a local oneRestricted Content

April 20, 2009
Casting the CIB's deficit as an Indianapolis problem is simplistic and inaccurate because it overlooks the millions of dollars in state tax revenue generated by those venues and an endless list of vendors that do business with them.
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Casino-tax controversy lit fire under residents of Fairland, a long-forgotten townRestricted Content

April 20, 2009
Kathleen McLaughlin
With a town government behind them, Fairland-area residents hope any future growth will be to their benefit.
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Noblesville offered generous incentives to Simon for mallRestricted Content

April 20, 2009
Cory Schouten
The old adage that retail follows rooftops is only partially true; retail also follows taxpayer-funded incentives.
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Omnicity seeks financial turnaround, has 28 acquisitions in mind

April 13, 2009
Chris O'Malley
Dick Beltzhoover, a private investor in Omnicity Corp., a Carmel-based wireless broadband provider, has quietly taken the company public and has lofty plans to expand nationwide.
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  1. Yes sir keep cashing those 300K a year checks direct to IMS, while millions disappear from the teams like Rahal's. Guess there wasn't enough ka- ching going around to keep Sarah Fisher in business without their "merger". LOL._____.Meanwhile back in Realville the series with the "best racing in the world" drew what appeared to be about 5000 live spectators ( and probably 1500 of those Target "freebies", and was beaten in the ratings by a series that reportedly consists of "parades" and aired while most people are still sleeping. That will generate those big ka-chings for sure. :-). But, hey, as long as the Speedway gets the cash who gives a damn about the teams?

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  3. If I could actually get the prices...I would do this on my own. We need laws that force provides to publish the costs they will charge. Everyone else gives you the price in advance...except hospitals.

  4. I was under the impression that fencing is not allowed on a front yard and that on a corner, both sides are considered "front" yards, therefore can't be fenced without a variance. Also impedes the visibility for drivers at the intersection. Am I understanding this correctly? Might be why a fence was not included in the plans and a request for a variance will have to be made?.

  5. I was a big fan of Cowards and Carrots, which I got a chance to see at the show. It's currently on Kickstarter, but the designer also put out What's He Building in There last year, which got a fair amount of buzz.

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