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Regulator pitches first fee hike in more than a decade: The state Department of Insurance plans to hire 10

January 15, 2007

Indiana’s thinly funded Insurance Department is pushing to raise nearly $1 million by hiking fees it charges insurers for the first time since 1994. The department also plans to shrink agent licenses from four years to two, in order to raise money and bolster continuing-education requirements. Insurance Commissioner Jim Atterholt hopes to win legislative approval this session for the measures, which would add $960,000 to the department’s $5.8 million operating budget and allow it to boost its work force from…

NOTIONS: A prayer for common sense on the issue of prayer

January 15, 2007

Dear God, please hear my prayer. We need a little divine guidance here (or at least a few thunderbolts of common sense). I pray today not for relief from the usual litany of woes (You hear enough about those). I ask, instead, that You help us past a nagging distraction so we might move on to more pressing concerns. As You know (because You know all), there’s a lot weighing on us in these little Edens called Earth, America and…

Northwest, Delta discussing merger, report says

January 10, 2007

Northwest Airlines Corp. and Delta Air Lines Inc. have engaged in talks about merging after they emerge from bankruptcy protection, according to The Wall Street Journal. Northwest is the largest carrier at Indianapolis International Airport, carrying approximately 22 percent of all passengers. Earlier today, US Airways Inc. said it boosted its offer for Delta to […]

US Airways raises bid for Delta

January 10, 2007

US Airways has boosted its offer for bankrupt Delta Air Lines Inc. to $10.2 billion, after Atlanta-based Delta rejected an initial, $8 billion offer in November. The latest offer expires Feb. 1. US Airways CEO Doug Parker said the sweetened bid is intended to “eliminate any doubt” of a better deal for Delta’s unsecured […]

CHRIS KATTERJOHN Commentary: Community resolutions for 2007

January 8, 2007

It’s a week past the appropriate time to be writing about New Year’s resolutions, but from the feel of traffic heading in and out of town during rush hour, it appears a number of folks are still on vacation. I think the vast majority of us are ready now to get back down to business, so I feel justified in my timing. Therefore, be it resolved: Mayor Bart Peterson and Marion County Prosecutor Carl Brizzi should continue to address the…

St. Francis plans another south-side growth spurt: Hospital system looks to build on 30 acres adjacent to Indianapolis campus

January 8, 2007

The youth soccer teams that fill the playing fields near St. Francis Hospital-Indianapolis will take their matches elsewhere next spring to accommodate another expansion by the burgeoning hospital. St. Francis Hospital and Health Centers wants to build on 30 acres of land near the south-side hospital and Interstate 65, according to paperwork filed with Marion County. An acute-care bed tower, medical offices and a cancer center are among the expansion possibilities for the campus, which the Beech Grove-based hospital system…

STATEHOUSE DISPATCH: Think the state’s awash in cash? Think again

January 8, 2007

Most observers assume there will be a confrontation between House Democrats, led by Speaker Pat Bauer, D-South Bend, and Republican Gov. Mitch Daniels this session. They suggest it’s like watching a hockey game and just waiting for a big fight. But confrontation need not be a synonym for breakdown , and while legislative Democrats and Daniels have some different philosophies about the role of government, they also have some basic agreements on just what should be accomplished before the end…

NOTIONS: Writing to Betty Ford, wishing for another Jerry

January 8, 2007

Dear Mrs. Ford: I’m sorry for your loss. I’m sorry, too, that you’ve had to bear your burden so publicly. Having lost my wife a few years ago, I know private sorrow is sufficient. The newly widowed ought not have to grieve with network cameras focused relentlessly upon them, hoping they’ll sob just a bit for the viewers at home. That said, I found it distressing that your lack of tears during your late husband’s National Cathedral memorial service was…

Former Bloomington mayor joins investment firm

January 4, 2007

Former Bloomington mayor John Fernandez has joined First Capital Group, a Bloomington firm that invests in new business ventures, as partner and senior vice president. Fernandez served from 1996 to 2003, and lost the 2002 race for Indiana Secretary of State to Republican Todd Rokita. Fernandez most recently advised on real estate deals at the […]

VIEWPOINT: Sustained momentum crucial for session

December 25, 2006

The 2007 Indiana General Assembly session will begin in January. As a result of last month’s election, the House of Representatives is now controlled by Democrats, and the Senate is in the hands of Republicans. Regardless of which political party controls which branch of the Legislature, Hoosiers expect collaboration and progress. Indiana has built tremendous momentum in economic development, but more work lies ahead. The momentum must continue into 2007 and beyond. Despite our progress, Indiana must continue to be…

Small biz unsure about ’07: Legislative agenda is clear, but advocates still worried

December 25, 2006

Big changes at the Statehouse, including a shift to Democratic control in the House of Representatives and a leadership switch in the Senate, mean there are more unknowns and more unpredictability. Meanwhile, top issues such as health insurance, tax reforms and regulatory changes provide a minefield of concerns for small-business owners. New health insurance mandates could add to already skyrocketing premiums. New local taxing authority could increase the burden on small businesses. Changes to the state’s regulatory structure could dramatically…

Firearm advocates take aim at employers’ restrictions

December 25, 2006

Legislators in the upcoming session of the Indiana General Assembly are gearing up for a gunfight with high-caliber business
implications. On one side are employees who prefer to pack heat during their commute. On the other are executives who see
guns as a liability nightmare–even if they’re locked in cars parked outside.

TAWN PARENT Commentary: Have you noticed Indiana’s new face?

December 18, 2006

When I stop and think about my own life, it doesn’t seem so far-fetched. I went to lunch at a Chinese restaurant near my office last week, and most of the people in line were Indian. Driving through my formerly whitebread neighborhood, I see buildings painted in bold yellows and reds with signs saying, “Tienda Morelos,” “Supermercado” and “Estetica Latina.” My son’s elementary school celebrates Chinese New Year with a big parade and lessons about eating with chopsticks and keeping…

Analysis shows little savings in biz-group consolidation

December 18, 2006

The merger of four of central Indiana’s biggest business development organizations might achieve only modest cost savings,
or even be more expensive than the status quo, a confidential financial analysis obtained by IBJ shows.

Does gender matter in politics?: Despite high-profile wins, politics still remains a male-dominated field

December 11, 2006

1992 was dubbed the “Year of the Woman,” when four women were elected to the U.S. Senate, but 2006 may be seen as the beginning of a new women’s political movement, says Marie Wilson, president of The White House Project, a Washington, D.C.-based group that’s working to advance women in political office. Indiana has made some strides, but 85 years after women won the hard-fought right to vote, the number of women in elected office at the national level hasn’t…

Mixing religion, business leads to risks, rewards

December 11, 2006

Navigating the intersection between creed and commerce can betricky. Fearing lawsuits, many companies prefer to avoid it whenever
possible. But others unabashedly intertwine religion and business.

Legislators set for full-day push: Everybody seems to want all-day kindergarten, but questions linger over pace of implementation and funding

December 4, 2006

It’s the definition of an issue ripe for bipartisan compromise. Gov. Frank O’Bannon, a Democrat, proposed the state should underwrite full-day kindergarten in public schools. His successor and fellow Democrat, Joe Kernan, supported the idea. And now Gov. Mitch Daniels, a Republican, has taken up the early-education cause. “It’s almost universally acknowledged to be a good idea,” said Indiana Legislative Insight Publisher Ed Feigenbaum. “It’s simply a matter of, ‘Where do we come up with the funding?'” According to the…

Bipartisan control will force compromises: With campaigns over, legislators get down to business on new budget, property-tax relief and other issues

December 4, 2006

In his 2007 legislative preview for the Indiana Chamber of Commerce, State Rep. Brian Bosma, R-Indianapolis, opened with a joke: After a politician’s death, he found himself standing before the pearly gates. St. Peter offered the politician a choice of heaven or hell, prefaced by a brief preview of each. During his visit to hell, the politician was surprised to discover all his friends there. What’s more, it was a terrific place to be-the most fun and raucous party he’d…

State’s venture capital incentive seldom used

November 27, 2006

Since the inception of the state’s Venture Capital Investment Tax Credit in late 2003, investors have claimed only about one-third of the $37.5 million in credits available, according to an IBJ analysis of the program.

Critics question trustee’s property portfolio given mission to help needy

November 20, 2006

Center Township has real estate holdings worth more than $10 million, according to IBJ research. The township’s robust real estate portfolio—highly unusual for an Indiana township—fits Trustee Carl L. Drummer's vision for his taxpayer-supported office. But it makes others see red.

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Articles

Regulator pitches first fee hike in more than a decade: The state Department of Insurance plans to hire 10

NOTIONS: A prayer for common sense on the issue of prayer

Northwest, Delta discussing merger, report says

US Airways raises bid for Delta

CHRIS KATTERJOHN Commentary: Community resolutions for 2007

St. Francis plans another south-side growth spurt: Hospital system looks to build on 30 acres adjacent to Indianapolis campus

STATEHOUSE DISPATCH: Think the state’s awash in cash? Think again

NOTIONS: Writing to Betty Ford, wishing for another Jerry

Former Bloomington mayor joins investment firm

VIEWPOINT: Sustained momentum crucial for session

Small biz unsure about ’07: Legislative agenda is clear, but advocates still worried

Firearm advocates take aim at employers’ restrictions

TAWN PARENT Commentary: Have you noticed Indiana’s new face?

Analysis shows little savings in biz-group consolidation

Does gender matter in politics?: Despite high-profile wins, politics still remains a male-dominated field

Mixing religion, business leads to risks, rewards

Legislators set for full-day push: Everybody seems to want all-day kindergarten, but questions linger over pace of implementation and funding

Bipartisan control will force compromises: With campaigns over, legislators get down to business on new budget, property-tax relief and other issues

State’s venture capital incentive seldom used

Critics question trustee’s property portfolio given mission to help needy