WellPoint Inc. has about $800 million riding on one arcane rule: how to calculate a medical loss ratio. The ratio quantifies
the percentage of customers’ premiums were spent on medical care, rather than overhead or profits.
But promoters of effort to bring global soccer competition here in 2018 or 2022 aren’t concerned about repeat of financial
failures of World Basketball Championships.
Avis Skinner alleges Broadbent isn’t making the payments he committed to when he bought out her husband's real estate
interests in 2006.
We are writing to give our wholehearted endorsement to [columnist] Greg Morris’ appeal for generous support for the
Indianapolis Symphony Orchestra (“Confessions of a symphony newbie,” June 21).
When glaring, outcome—or history-altering—gaffes can be almost immediately rectified, why wouldn’t anyone want to
get it right?
The CEO of the parent company of Steak n Shake spent $40.8 million to acquire more than 134,000 shares in May and June. He
now controls about 202,000 shares, or 14 percent of the 1.4 million shares outstanding.
Central Indiana might be in line to tap hundreds of millions of dollars in federal grants and loan guarantees to energize
the rollout of plug-in electric cars and trucks. Both chambers of Congress are considering measures that would require the
Department of Energy to select up to 15 cities nationwide to participate in a national electric vehicle deployment program.
Wall Street bankers for decades sold municipalities like Indianapolis on debt instruments called swaps as a safe way to reduce
borrowing costs and hedge against rising interest rates. In reality, the swaps were complicated bets that relied
on misguided assumptions, and taxpayers paid.
IU says MaryEllen Bishop of Carmel has been elected to an alumni seat on the Indiana University Board of Trustees.
Indianapolis-based WellPoint Inc. said Wednesday that its California subsidiary will dial down rate hikes that drew national outrage earlier this year and helped spark a final push for health care reform.
Indiana Black Expo kicks off its 40th annual Summer Celebration July 12 with a full schedule of events.
Caregivers anticipates coping with declining Medicare reimbursements while having to offer insurance to its employees.
Mark Rutherford wants America’s third-largest political party to make inroads by showing competence at the grassroots level
of government.
Wabash-based ClearFlex Automotive is using off-the-shelf technology to design a 2010 Ford Focus plug-in electric vehicle,
powered entirely by lead acid batteries. The company is gearing up for initial production of up to three vehicles a day.
Indianapolis officials are exploring turning the former Central State Hospital into a 150-acre sports complex that could include
facilities for everything from soccer and baseball to tennis and ice skating.
Estridge Cos.’ subcontractors have invested $10 million into the firm led by COO Matt Cohoat and CEO Paul Estridge Jr.—an
infusion that paves the way for them to proceed with
a massive development in Westfield.
Pressure is building on Duke Energy to contain costs of its controversial Edwardsport generating plant in southwestern Indiana,
following the company’s recent disclosure that the price tag will soar by $530 million—likely boosting average
customer
rates in Indiana by 3 percent.
City Flea Market has filed plans to take 15,000
square feet in the former Sport Bowl, a south-side institution for 67 years that closed in May 2008.
If a crisis leaves you on the receiving
end of Wisconsin football fans’ favorite chant, every detail of your response matters.
