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Insurer fires latest round in $125M utility case

John Hancock Life Insurance Co. today asked a federal judge to force Hoosier Energy Rural Electric Cooperative to post an
additional $20 million in escrow as the utility continues to challenge a $125 million claim against it by the New York-based
insurer.

Finish Line suffers second quarter loss

Sporting goods retailer The Finish Line Inc. said on Thursday that it lost $874,000 in the second quarter, mostly because
of a loss it took by unloading its unsuccessful Man Alive stores in July.

St. Francis resumes work on $265M project

With its financial performance exceeding expectations, St. Francis Hospital & Health Centers will resume construction on a $265 million, 221-bed patient tower at its Indianapolis campus, the hospital system announced Thursday.

Widow likely biggest beneficiary of Simon’s estate

Bren Simon likely will inherit at least one-third of her billionaire husband’s fortune and potentially much more,
wealth managers speculate, based on the legal and tax issues involved in such a large estate.

Hospitals, doctors finally integrating patient care

The stitching together of doctors and hospitals—two groups that historically have kept each other at arm’s length—is
a trend picking up speed locally and nationally and could accelerate even further if Congress passes health care reform.

MZD, Kron add clients to roster

Two local advertising agencies recently signed new clients: MZD Advertising signed a deal to be agency of record for Edward’s Transmissions and Engines, and Kron & Associates recently was named agency of record for the School of Adult Learning at Anderson University.

Historic building gets reprieve

The Historic Landmarks Foundation of Indiana and the Salvation Army have worked out a deal that could save a Queen-Anne-style
building on Michigan Street just west of Alabama Street.

NFL helps spruce up high school’s football field

The George Washington Community High School football team played its season opener at a newly renovated field and stadium,
thanks to a joint effort of the National Football League, the Indianapolis Colts and Local Initiatives Support Corp.

Sisters start new trucking firm

Two former executives of Carmel-based Performance Marketing Group have launched Rapid Freight Solutions.

Architecture firms launch energy venture

Architectural and engineering firm Schmidt Associates Inc. and mechanical contractor Johnson Melloh Inc.
have partnered to form Energy Solutions by JMS, which will promote energy-savings programs to school
districts, libraries and units of local government throughout the state.

Clarian CEO pines anew for public insurance option

Most business groups cheered when Sen. Max Baucus, D-Mont., introduced a health reform bill with no so-called public option,
a controversial government-run insurance plan for working adults. But there’s a big group that would like
to see it back on the table—hospitals.