The case centered on an 80-year-old dilapidated hospital in eastern Indiana that St. Vincent bought in 2000. St. Vincent replaced it with a new hospital, called St. Vincent Randolph, at a cost of about $15.5 million.
CNO Financial Group Inc. said it ended a risk-transfer deal with a reinsurer tied to embattled hedge fund Platinum Partners and has filed suit against executives of Beechwood Re. CNO shares tumbled after the news.
The Indiana Alcohol and Tobacco Commission has granted Spirited Sales a temporary permit to sell wholesale liquor after a Marion County special judge denied the state's request for a stay on her August ruling for the company.
Attorney Irwin Levin of Indianapolis law firm Cohen & Malad LLP argued during a one-day bench trial Wednesday that the BMV should refund a total of $144 million in overcharges going back 10 years, plus interest.
Earlier this year, the Hamilton County Commissioners put the project at the top of their priority list for capital expenses, but several members of the Hamilton County Council were hesitant to support a $12 million expansion.
The former project manager for F.A. Wilhelm Construction Co. faces 20 years in prison for allegedly creating a fake business and billing his employer for materials, as well as making a false tax return.