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Articles

Re-entry key in city’s plot to fight crime

September 1, 2008

Re-entry key in city’s plot to fight crime Mayor makes push, hires director to help more ex-convicts find work Makeba Averitte spent more than seven years incarcerated in Indiana, Kentucky and Oklahoma prisons paying for the robbery he committed as a young man with few prospects. Since his release in 2004, the 32-year-old has obtained a driver’s license and insurance on his automobile, not to mention a bit more wisdom. But what eludes him most-even more so now as a…

Carmel startup wades into Florida hurricane market

September 1, 2008

Carmel startup wades into Florida hurricane market Firm pioneers product to cover insurance deductibles The turbulent winds that hit the property-casualty insurance market after the destructive Gulf Coast hurricanes of 2004 and 2005 have blown over Indiana with hardly a bent weather vane. But that hasn’t stopped a new Carmel company from trying to make a buck helping Florida homeowners and businesses handle their now-staggering insurance costs. This month, Citon Group Inc. started marketing its new breed of insurance-designed to…

Goals for USA Track & Field: Raise money; don’t drop the baton

September 1, 2008

Doug Logan, new CEO of locally based USA Track & Field, knows the organization’s challenges reach beyond the disappointments
of dropped batons at last month’s Beijing Olympics. He wants to review the sport from top to bottom, and plans to announce
in the next few weeks formation of a task force that will look at everything from team training camps and the time of the
Olympic trials, to forming a series of events in the United States culminating in a series championship.

‘Instant gratification moments’ key to ChaCha’s biz strategy

September 1, 2008

Carmel-based ChaCha Search Inc. has been winning accolades and enough teen fans to rival Hannah Montana. But none of that makes it apparent how the company can make money giving free answers to random cell phone queries.

SPORTS

September 1, 2008

SPORTS These football dreams give way to football reality How about this? The Indianapolis Colts inaugurate Lucas Oil Stadium with another Super Bowlwinning season. Indiana and Purdue meet in the Old Oaken Bucket game for a Rose Bowl berth. Notre Dame authors the greatest turnaround in school history and plays in the BCS national championship game. Ball State’s Nate Davis makes a run for the Heisman Trophy. Well, a guy can dream, can’t he? Truth is, all I’m hoping for…

Developer betting on cottage homes

September 1, 2008

Buyers in Seattle, Milwaukee and even Bloomington have snapped up new cottage homes in developments that
turn the McMansion trend on its dormer-decorated head. But will Indianapolis buyers have a similar appetite
for the tiny energy-efficient homes clustered around community greens? A local developer is betting they
will.

EYE ON THE PIE: What projects should public finance?

September 1, 2008

You name it, Rusty Knale will argue against it. We’re at the delicatessen. He buys the hot pastrami on rye. I’m going for the chopped liver on pumpernickel. “I’m wondering,” I say, “if the new Honda plant at Greensburg is going to do more for the people of Indiana than Lucas Oil Stadium in Indy.” “No,” he answers quickly. “Remember that Dean Martin song, ‘Memories are made of this’? How many people will the new Colts’ stadium hold?” “I hear…

Re-entry key in city’s plot to fight crime: Mayor makes push, hires director to help more ex-convicts find work

September 1, 2008

Makeba Averitte spent more than seven years incarcerated in Indiana, Kentucky and Oklahoma prisons paying for the robbery he committed as a young man with few prospects. Since his release in 2004, the 32-year-old has obtained a driver’s license and insurance on his automobile, not to mention a bit more wisdom. But what eludes him most-even more so now as a convicted felon-is a steady, goodpaying job. Tired of temporary work, he enrolled in Second Chance at the United Northeast…

Carmel startup wades into Florida hurricane market: Firm pioneers product to cover insurance deductibles

September 1, 2008

The turbulent winds that hit the property-casualty insurance market after the destructive Gulf Coast hurricanes of 2004 and 2005 have blown over Indiana with hardly a bent weather vane. But that hasn’t stopped a new Carmel company from trying to make a buck helping Florida homeowners and businesses handle their now-staggering insurance costs. This month, Citon Group Inc. started marketing its new breed of insurance-designed to cover hurricane deductibles-to Florida insurance agents. “We’re really at the very beginning of this….

Racing toward a new biz plan: Goals for USA Track & Field: Raise money; don’t drop the baton

September 1, 2008

Doug Logan’s heart sank as he watched the baton hit the ground on the final exchange of the women’s 400-meter relay. Earlier that same night at the Beijing Olympics, the U.S. men’s 400-meter relay team had done the exact same thing. Neither team would make it past the semifinal round. Logan, who has been CEO of locally based USA Track & Field since only mid-July, could hear the e-mail box in his Indianapolis office filling up all the way from…

SPORTS: These football dreams give way to football reality

September 1, 2008

Ball State’s Nate Davis makes a run for the Heisman Trophy. Well, a guy can dream, can’t he? Truth is, all I’m hoping for at this juncture is that Peyton Manning is healthy for the season opener, Indiana (never look beyond the next play) gets past Western Kentucky, Purdue sends Joe Tiller into retirement on a winning note, Notre Dame rises above national scorn, and Davis becomes known outside the Midwest. In any case, I am definitely ready for some…

IndyGo Colts shuttle a no-go

August 29, 2008

Congestion getting to the Indianapolis Colts games is as much a problem as congestion once fans are in the new Lucas Oil Stadium. It appears that traffic flow and parking are real issues…

Colts cuts not made on emotion

August 26, 2008

First and foremost Indianapolis Colts President Bill Polian is a businessman. And he’s one of the best in the National Football League. Don’t expect Polian to get too giddy over the extra bucks…

Charter Homes builder draws scrutiny for odd sales claims, multiple liens

August 25, 2008

Charter Homes owner Jerry Jaquess fancies himself a white knight for King Park, a neighborhood once known mainly for its
rampant crime, boarded-up homes and vacant lots. But as he’s constructed a slew of homes and carriage houses there, the local
builder has stirred up several lawsuits, dozens of liens and persistent questions about whether his business is legit.

Wet spring, slow economy slice into area golf business

August 25, 2008

On a typical Saturday at Smock Golf Course on the city’s south side, visitors are treated to a symphony of thwacks, pings
and the occasional plunk. In good or bad economic times, it seems, people in Indiana and across the country have always played
golf. But these days, the sound of that symphony has waned. Nationwide, the number of rounds of golf played through the first
half of this year is down 2 percent from last year. In Central Indiana, the situation is worse.

Billiondollar chance: OneAmerica foresees huge growth opportunity in long-term-care policies thanks to new tax breaks

August 25, 2008

That’s when new tax benefits kick in for an unusual kind of long-term-care insurance, called asset-based longterm care. The Indianapolisbased life insurer is betting those tax breaks send a wave of money flooding toward asset-based long-term-care policies, which one of its subsidiaries has sold for nearly 20 years. With people living longer and the 70 million baby boomers aging, the need to pay for long-term care, such as in-home elder care and assisted-living facilities, is sure to rise. “We see…

Developers fear stricter IDEM cleanup rules

August 25, 2008

State environmental regulators are catching an earful for what some businesses complain is a rush to aggressive new rules
for remediating land contamination. Developers worry the Indiana Department of Environmental Management’s proposals, which
could require comprehensive site cleanup, will discourage brownfield redevelopment, especially the reuse of tainted-but-valuable
land in urban areas.

NOTIONS: Got gold? Share the wealth with your Jason Lezak

August 25, 2008

Like hundreds of millions of other people around the world, I’ve been watching the Olympics on TV. Like most Americans among those viewers (especially NBC executives), I was pulling for swimmer Michael Phelps to win eight gold medals and surpass the record seven set by Mark Spitz in 1972. As everyone not buried under a rock knows by now, Phelps succeeded in his quest, but only by the narrowest of margins and only with considerable help from his teammates. Thus,…

SPORTS: Let the ‘greatest athlete ever’ debate begin

August 25, 2008

Back from vacation with thoughts of this, that and the other: Even as my bride and I traveled through the magnificent scenery of Colorado, Wyoming and Montana, our nightly ritual was the same as that of millions of other Americans: making sure we were in front of the television to watch the Olympics. And yes, especially, Michael Phelps. Some have rushed to proclaim him the greatest Olympian of all time and, certainly, the argument can be made if you look…

UPDATE: Indy area to snag 277 EnerDel jobs

August 21, 2008

EnerDel Inc.’s $100 million expansion, one of the biggest in the state this year, earmarks 277 of the 850 new positions for the Indianapolis area. The lithium-ion battery company announced this morning that it will add 217 jobs to the 100 positions at its headquarters at 8740 Hague Road on the far northeast side of […]

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