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Conseco loss climbs, as insurer boosts reserves

August 6, 2007

Conseco Inc.’s loss widened to $64.5 million in its second quarter-the fruit of pouring more money into its hemorrhaging long-term care reserves and into a class-action lawsuit settlement over life insurance policies. The Carmel-based life and health insurer lost 38 cents per diluted common share, compared with a 21-cent per share loss in the second […]

Fishers company sued over bonds for unfinished West Virginia mine project

February 13, 2026 | Susan Orr

More than 2-1/2 years later, the project is far from completed, the subsidiary that was overseeing it has been spun off, and the companies are mired in a lawsuit.

Indy Chamber endorses controversial Decatur Township data center proposal

January 29, 2026 | Lesley Weidenbener

The business organization said it supports “the responsible development of data centers” across central Indiana.

Eskenazi Health Foundation names new CEO

January 21, 2026 | Daniel Bradley

The new hire succeeds Ernest Vargo II, who retired Jan. 15 after serving as CEO for 15 years.

IU football updates: Mendoza says Kirkwood celebration ‘epitomizes the Hoosier spirit,’ will sign autographs in Bloomington on Wednesday

January 20, 2026 | IBJ Staff

IBJ reporters bring you coverage of the fanfare, festivities and the football from central Indiana and south Florida as the Hoosiers take on The University of Miami Hurricanes in the College Football Playoff National Championship.

All Value City Furniture stores will close as part of parent company’s liquidation

January 12, 2026 | Lesley Weidenbener

The furniture company has three locations in central Indiana and three in other parts of the state.

Proposal to eliminate sales tax on Indiana utility bills sees some bipartisan support

January 6, 2026 | Marek Mazurek

A Democratic representative and a Republican senator have each filed bills to do away with the state sales tax on utility bills. The measure could save the average ratepayer more than $150 a year, but would see the state miss out on hundreds of millions in tax revenue.

ReElement Technologies aims to close mineral recycling gap

November 28, 2025 | Daniel Bradley

The company uses technology developed and patented by Purdue University to refine and purify rare earth metals and permanent magnets

Tensions rise as hundreds crowd Decatur Township data center meeting

November 19, 2025 | Farrah Anderson, WFYI and Side Effects Public Media

Attendees voiced fears that the project would worsen existing problems, ranging from deteriorating roads to strained water and power infrastructure.

UPDATE: Jack’s Donuts businesses file for bankruptcy protection

October 30, 2025 | IBJ Staff

Three related businesses operated by Jack’s Donuts owner and CEO Jack “Lee” Marcum III have filed Chapter 11 petitions, listing total liabilities of more than $20 million and assets of less than $1.6 million.

Federal shutdown could hurt government services like WIC, SNAP in Indiana

October 13, 2025 | Whitney Downard, Indiana Capital Chronicle and Casey Smith, Indiana Capital Chronicle

States like Indiana must use their own dollars to keep funds flowing to families or let it lapse, a move that could cut benefits for tens of thousands of Hoosiers.

Indiana agencies cut staff, contracts as mandatory spending plans roll in

September 22, 2025 | Leslie Bonilla Muñiz, Indiana Capital Chronicle

A grim May revenue forecast prompted lawmakers to cut most agency appropriations by 5% in the latest budget—and authorized the State Budget Agency to withhold another 5%.

Arrow McLaren seeking tax breaks on $30M headquarters project

September 18, 2025 | Mickey Shuey

Arrow McLaren expects to make a total investment of $30 million in its new home at 7615 Zionsville Road and is seeking city and state incentives to help reduce the cost of the project.

Rokita backs INDOT request to waive federal race/gender hiring considerations for contractors

September 9, 2025 | Maura Johnson, Indiana Lawyer

Indiana Attorney General Todd Rokita sent a letter to U.S. Transportation Secretary Sean Duffy in which he argued that the federal Disadvantaged Business Enterprise program is unconstitutional.

Alliance confronts complex facility arrangements in IPS, charter schools

August 21, 2025 | Amelia Pak-Harvey, Chalkbeat Indiana

The 103 public schools within the borders of Indianapolis Public Schools operate with a variety of different building arrangements that pose a complex challenge.

Reflections on daylight saving time: 20 years after lawmakers passed controversial law

August 18, 2025 | Whitney Downard, Indiana Capital Chronicle

The vote was so contentious that former House Speaker Brian Bosma left the voting machine open for hours, whipping up the votes needed to advance the priority bill for then-Gov. Mitch Daniels.

Elanco CEO says new products helping to turn the corner on growth

August 15, 2025 | Susan Orr

Elanco Animal Health last week released what CEO Jeff Simmons called its best quarterly earnings since its 2018 spinoff from Eli Lilly and Co.

ESOP attorneys see steady work, more M&A deals

June 19, 2025 | Daniel Carson, The Indiana Lawyer

Deals involving employee stock ownership plans have become more desirable in recent years, with ESOP-owned companies representing a growing market opportunity.

Strategic legislative revisions aid renewed Indiana drive for tolling

May 19, 2025 | Leslie Bonilla Muñiz, Indiana Capital Chronicle

Indiana Gov. Mike Braun’s administration is getting serious about tolling to make up for falling fuel tax revenue and to upgrade aging highways.

As WNBA popularity climbs, player salaries remain hurdle for league to address

May 14, 2025 | Associated Press

Player salaries have been a longstanding point of contention between the NBA—which owns about 60% of the WNBA and leads CBA negotiations—and women’s basketball players.

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