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Health insurance investors unfazed by court ruling

This week’s ruling by a federal judge could force Congress to rework the new health law to avoid a health insurance market collapse. But the decision had little to no effect on investor sentiment toward WellPoint Inc. and its peers.

Abound Solar completes financing for Tipton plant

Company closes on a $400 million federal loan to help it take over the empty Getrag plant on U.S. 31 near Kokomo, where it wants to hire as many as 1,000 workers. The plant was acquired for $25 million.

Hillenbrand wins ban of knockoff coffins from Mexico

The U.S. International Trade Commission said Monday that Ataudes Aguilares will be barred from bringing in caskets with attached memorabilia compartments, which Batesville-based Hillenbrand has patented.

Schools chief apologizes for arrest

The Superintendent of Decatur Township Schools is out on bond following arrest for drunk driving. Donald Stinson was arrested in Plainfield this weekend after an officer spotted his vehicle swerving on State Road 267. His blood alcohol level tested at 0.12. Police say Stinson admitted he had been drinking. Stinson issued a written apology that said, “I have embarrassed myself, even worse my family and friends, and have unnecessarily brought negative attention to the district. On both, I am truly sorry!”
 

Family files lawsuit over Bisard case

The family of the man killed in a crash with Indianapolis police officer David Bisard filed a lawsuit Monday against the city, the police department and Bisard himself. Bisard is accused of driving drunk and smashing his squad car into several motorcyclists during a car chase. The lawsuit seeks $700,000 in damages for the wrongful death of Eric Wells, who died at the scene. The amount is the maximum allowed by state law.
 

Icy road helps police nab suspect

Police were able to track down and capture a suspected robber after icy road conditions hampered his getaway. The robbery occurred about 12:30 a.m. Tuesday at the Sakitumi Discount liquor store near 30th Street and Lafayette Road in Indianapolis. Officers say the clerk ran out of the store and had enough time to write down the license plate number of the getaway car because it couldn't gain traction on the ice. Police tracked the suspect to a house near 16th Street and Lafayette Road. The suspect surrendered peacefully about an hour later after a SWAT team was called in.
 

CIB OKs $2.6M in carpet upgrades for convention center

Capital Improvement Board plans to spend about $2.6 million to replace 370,000 square feet of carpeting in the older portion of the Indiana Convention Center to match the carpet in the new addition.

Fishers-based mortgage company to add 300 jobs

Stonegate Mortgage Corp. plans to move next spring from its current location near 106th Street and Allisonville Road to a 29,000-square-foot office near 106th Street and State Road 37.

New commission could run state museum

Interim leader is hoping that a more streamlined governance will help the struggling, state-supported museum be more successful in raising private donations and keeping CEOs.

NAI Olympia brokerage firm closing after 20-year run

The principals of NAI Olympia Partners have decided to shut down the firm after 20 years in business, leaving its competitors to pick from more than 20 veteran office, industrial and retail brokers.

Lost funding puts brakes on commuter buses

The expiration of a federal grant will halt a popular suburban commuter bus service at year’s end, but central Indiana transit advocates say it may be just a temporary stoppage.