The Carmel-based insurance holding company had profit of $117.4 million in the period ended Sept. 30, down from $283 million in last year's third quarter. Revenue fell 11 percent, to $967 million.
There has been a marked change in tone from just a few weeks ago, when statewide campaigns took to the airwaves with whimsical campaign ads introducing themselves to Indiana voters.
As general counsel for KAR Auction Services—which now owns Adesa and other automotive entities—Becca Polak runs a legal department that includes 14 lawyers and an equal number of support staff for a 12,000-employee company with $4 billion in annual revenue.
In an Oct. 16 decision affecting Indiana and 14 other states, the Federal Energy Regulatory Commission said the utilities must negotiate with six customer groups that brought a complaint last year.
The Carmel Redevelopment Commission is accepting bids for almost five acres of land along the Monon Greenway in the city’s so-called Midtown area, which is being targeted for renewal.
If prior sales of expensive one-of-a-kind homes are any guide, the Carmel estate owned by Bren Simon will be difficult to sell for anything near its asking price of $25 million.
Bob Kennendy didn’t rule out the possibility of going head-to-head with Runners Forum and Blue Mile, the two dominant specialty running retail stores in this market.
Keystone Realty Group’s $30 million The Olivia on Main apartment project cleared a major final hurdle Monday, when Carmel City Council unanimously agreed to issue $3.8 million in low-interest bonds to help prepare the five-acre site for construction.
Investors warmed to news that student enrollment during the spring and summer fell less than expected and that ITT has the cash on hand to get through recent troubles caused by student loan losses.
The Indiana University School of Medicine has hired Dr. Richard Zellars as professor and chairman of radiation oncology. Zellars, a breast cancer researcher, will come to IU in January from the Johns Hopkins University School of Medicine. He previously was on the faculty of the University of Texas Health Science Center at San Antonio and Georgetown University in Washington, D.C. Zellars earned his medical degree at Johns Hopkins.
Dr. Amanda Houchens, a family physician, has joined Franciscan Physician Network’s Carmel Family Medicine. She earned her medical degree from the Indiana University School of Medicine and her undergraduate degrees in biology and Spanish at IU.
Dr. Jerome Cordova, an internist, has joined Franciscan Physician Network’s Indiana Heart Physicians as a hospitalist, where he will treat patients staying as inpatients in one of Franciscan’s Indianapolis-area hospitals. Cordova earned a bachelor’s degree in chemical engineering and a medical degree at the University of New Mexico-Albuquerque.
Dr. Ryan Jaggers joined Methodist Sports Medicine in Avon. Jaggers earned his bachelor’s and medical degrees from Indiana University.
The Carmel Redevelopment Commission has accepted an $800,000 settlement offer from the engineering firm that reviewed plans for the Palladium concert hall’s roof, inching closer to resolving a years-long legal dispute over its flawed design.
Six candidates ran for mayor of Fishers in the May primary without knowing what the job would pay. More than 20 sought seats on its first City Council. Now the outgoing Town Council—with at least two members who won’t return to the dais next year—must decide how to compensate the victors come Jan. 1.
Six days after his six-game suspension ended, the 55-year-old Colts owner broke his silence by telling a small group of reporters that he's excited about the season, feeling well and is ready to move on.
Randy Lewandowski this week replaced Cal Burleson to become the Indianapolis Indians' fourth general manager since the organization was incorporated in 1955.
