The Carmel company complains that its insurers “denied all coverage for the theft-fraud loss under both policies on the grounds that the individual leased to Telamon was an ‘employee’ of Telamon, and simultaneously was not an ‘employee’ of Telamon.”
Heavy security at Olympics is nothing new, but this year foreboding hits a new high.
As incredible as Peyton Manning's comeback in Denver has been, his former Colts coach said the all-pro quarterback was better in Indianapolis. But which season does Tony Dungy consider No. 18's greatest?
Edward Thomas, 39, a U.S. Army veteran, earned a degree from the Robert H. McKinney School of Law at IUPUI by taking night classes and working during the day. He’s now an associate at Lewis Wagner LLP.
K. Alicia Schulhof, 34, a senior vice president for IU Health, initially thought she wanted to be a physician. But while studying at Purdue University, she became involved in student organizations and found she enjoyed the administrative and leadership side.
While at Indiana University, Ilya Rekhter, now 25, was intrigued by transportation—specifically why fuel efficiency and safety have improved but there still wasn’t a way to know when your already-20-minutes-late bus would arrive. His solution: DoubleMap, a bus-tracking application.
Rob Hedges, the 38-year-old fleet and facility department manager at Monarch Beverage, has helped his employer reduce its carbon footprint and improve efficiency.
Tedd Grain, a 39-year-old program officer with Local Initiative Support Corp., says growing up in a poor part of Brazil shaped his life.
Geyer, 39, runs a namesake law firm and finds time outside the office for a host of contributions.
Davidson, 30, owns Pastime Tournaments and makes dreams come true for wannabee baseball stars.
The partner at Rubin & Levin is building a deep career in the law.
Adams, 39, is associate general counsel for immigration at Indiana University, and a passionate advocate for the immigration cause.
Twenty-one candidates are in the running to fill two openings on the Indiana Utility Regulatory Commission.
Eli Lilly and Co. is reportedly willing to pay as much as $3.7 billion to acquire a Massachusetts-based biotech company with a troubled leukemia drug, according to the U.K. newspaper The Mail. The paper claims that Indianapolis-based Lilly is the leading suitor for Ariad Pharmaceuticals Inc., along with U.K.-based GlaxoSmithKline plc and Ireland-based Shire PLC. All three firms made “friendly approaches” to Ariad, according to The Mail, and are willing to pay up to $20 per share. Ariad currently has 185.7 million shares outstanding, meaning such a purchase price would total $3.7 billion. The Mail is not a regular source of financial news, and its article bases its report on “whispers heard across the Pond” by “dealers.” Lilly spokesman Mark Taylor declined to comment on the rumors.
Hill-Rom Holdings Inc. said it will eliminate about 350 jobs over the next two years as a cost-saving move after the maker of hospital equipment saw profit grow slower than expected. Batesville-based Hill-Rom said 200 of the cuts will occur in the United States, with the balance occurring in Europe. Because the cuts will be made, in part, via a voluntary retirement program, Hill-Rom said it does not yet know how many cuts will occur in Indiana. The U.S. portion of the cuts are scheduled to be complete by the end of March. The European job cuts will play out over the next two years. The cuts, which represent about 5 percent of Hill-Rom’s 6,800 workers, will save the company $30 million per year, boosting profit by about 35 cents per share. Over the past four years, Hill-Rom has already eliminated about 1,000 jobs. “Economic uncertainty for our customers continues to impact the timing and the level of capital spending for our key product categories. The weak order rates in the last two quarters and the volatility over the past year reflect the challenges we continue to experience in our core market,” Hill-Rom CEO John Greisch told investors last week. Hill-Rom reported earnings per share of 22 cents in the three months ended Dec. 31, down 44 percent from the same quarter of 2012. Revenue fell 8 percent from the previous year, to $393 million.
The Indiana Senate passed a bill Thursday that would halt construction on nursing homes. Senate Bill 173 would also prohibit additional comprehensive care beds at existing facilities, according to the StatehouseFile.com, but continuing care retirement homes and assisted living would be exempt from the construction moratorium. “Building new facilities will add more unneeded beds at a time when utilization of skilled nursing facilities is decreasing,” said Sen. Patricia Miller, R-Indianapolis, who authored the bill. The bill now moves to the House for consideration.
The Indiana Medical Licensing Board suspended the license of Dr. Frank Campbell, an Anderson physician linked to drug-related deaths of 31 people. The Herald Bulletin reported the board also fined Campbell $500 on each of the six counts of violating physician regulations filed by state authorities. Campbell can seek reinstatement in a year. Campbell was medical director of the Madison County Community Health Center until the Drug Enforcement Administration questioned him last year over allowing two physician assistants to prescribe controlled substances using prescriptions he pre-signed. Campbell said he trusted the assistants and pre-signed prescriptions for expediency. An Indiana Medicaid Fraud Control Unit investigator submitted a court affidavit saying 31 of Campbell's patients died drug-related deaths since January 2009.
Jim Terwilliger, president of Indiana University Health’s Methodist and University hospitals, will step down March 1. He had led IU Health’s two flagship hospitals since July 2012, when longtime executive Sam Odle retired. Dennis Murphy, whom IU Health hired to fill Odle's other job of chief operating officer, decided to replace Terwilliger. Dr. Jeff Sperring, CEO of IU Health’s Riley Hospital for Children, will serve as interim president of Methodist and University hospitals, while IU Health conducts a search for a permanent replacement.
Indianapolis-based WellPoint Inc. named Amy Cheslock vice president of payment innovation for provider engagement and contracting within the company’s commercial and specialty business division. She previously was vice president of provider engagement and contracting for WellPoint’s central region markets and enterprise cost-of-care initiatives. Cheslock succeeds Jill Rubin Hummel who, last month, was named president of WellPoint’s affiliated health plan in Connecticut.
In my financial situation, I could save from 2 percent to 30 percent buying health insurance on the Obamacare exchanges. I suspect a lot of small companies and their workers will see similar results.
We can now measure the dollar value of a good reputation. Unfortunately, Indiana is doing a lot to hurt its.
The online investing marketplace Localstake brokered a little more than $1 million in private investments for an Indiana distillery and a solar-heating startup in 2013, through crowd-funding. Instead of receiving a T-shirt or other novelty for their money, as with typical crowd funding, contributors received an actual stake in the business.
Riley Hospital for Children at Indiana University Health has signed up 200 area pediatricians to be part of its new physician network. The move is the first step in an effort to build a statewide network of doctors that would use the Riley brand.
A concert venue rivaling the size of Klipsch Music Center in Noblesville has emerged as the favorite in a bid to redevelop the former General Motors metal-stamping plant on the western edge of downtown.
