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KAR to spin off salvage unit into new public company

February 28, 2018

Carmel-based KAR Auction Services Inc. on Feb.27 said it plans to spin off its Insurance Auto Auctions salvage auction unit in the next year, creating a separate publicly traded company. The separation is designed to “increase shareholder value and focus each company’s strategic priorities on its respective marketplace and unique customers,” the company said in […]

KAR Auction’s proposed spinoff to be headquartered in Illinois

February 28, 2018

The Carmel-based company plans to separate its Insurance Auto Auctions salvage auction business unit within the next year to create a separate publicly traded company.

KAR to spin off Insurance Auto Auctions unit, creating separate public firm

February 28, 2018

Carmel-based KAR Auction Services Inc. on Tuesday afternoon said it plans to spin off its Insurance Auto Auctions salvage auction business unit within the next year. The unit accounted for 34 percent of KAR’s revenue last year.

Insurance giant GEICO adding 1,400 jobs at Carmel offices

February 27, 2018

The Chevy Chase, Maryland-based insurer said it will nearly double the size of its offices at 101 W. 103rd St. with the addition of 104,000 square feet.

Carmel’s zoning board approves proposed mosque in 3-2 vote

February 27, 2018

The decision came after a five-hour meeting attended by hundreds of people at the Palladium concert hall, including almost 200 attendees who spoke in favor and against the project.

Brown closes Mass Ave eatery, plans new restaurant project with Oesterle

February 26, 2018

One day after shutting down his upscale southern European eatery in the Mass Ave district, local restaurateur and chef Neal Brown disclosed he was moving on to an even bigger project in partnership with former Angie’s List CEO Bill Oesterle.

Community theater group losing Clay Terrace performance venue

February 23, 2018

The group has been putting on plays at a space in Carmel’s Clay Terrace shopping center for more than eight years, thanks in large part to the largesse of the landlord. Now it needs to find a new home.

Hospital construction boom fans overbuilding fears

February 22, 2018

Even before news broke that an unidentified health care system had lined up 30 acres at 96th Street and Spring Mill Road for a massive development, projects costing billions of dollars were underway or on the drawing board across the region.

Indiana gun-permit bill sees more scrutiny in wake of Florida shooting

February 22, 2018

Democrats objected to a proposal approved by an Indiana Senate committee Wednesday that would eliminate fees and make changes to the handgun licensing process.

EDITORIAL: Public deserves details about $1B health project

February 21, 2018

The project is too big and too important in its potential size, location and services for the public to be in the dark about exactly what will be located on the site—especially as local officials prepare to start debating zoning changes that could make it possible.

New local tech industry survey reveals growth, concerns

February 21, 2018

A new survey that takes a wide-ranging look of the local tech community reveals an industry that is growing quickly while still facing some economic and social challenges, including concerns about capital and diversity.

KAR sees profit soar on higher revenue, tax benefits

February 21, 2018

Carmel-based KAR Auction Services Inc. saw profit and revenue jump in the fourth quarter, topping Wall Street expectations in both categories.

St. Vincent says it remains ‘fully committed’ to West 86th Street campus

February 19, 2018

At the same time, the Indianapolis-based health system continues to sidestep questions about whether it is involved in a proposal to build a $1 billion hospital complex on a site just three miles from its 86th Street campus.

Franciscan nixes Carmel care center but prepares to open another in downtown Indy

February 19, 2018

Hospital systems have been opening urgent-care centers at a fast clip, using the small storefront locations to expand revenue, reduce demand on their emergency rooms, and get patients into their networks.

Hospital complex costing $1B planned for 96th and Spring Mill

February 19, 2018 | John Russell and Lindsey Erdody

Neighbors contacted about selling their homes to make way for the development say St. Vincent Health is behind it. But a St. Vincent spokeswoman said the organization does not have “details to share” at this time.

Baldwin & Lyons reveals departure of chief operating officer

February 16, 2018

The Carmel-based transportation insurer did not say why the executive left the company. The news comes less than two years after another big shakeup that saw three executive departures.

Developer building big spec warehouse in Westfield

February 16, 2018

A Carmel-based firm hopes to take advantage of Westfield’s new allure for industrial development with a project expected to break ground this spring.

Themed trivia draws super fans to show off pop-culture knowledge

February 15, 2018

Bars have begun offering trivia nights focused on a particular pop-culture topic, instead of general trivia, which draws devoted teams of super fans.

Baldwin & Lyons sees quarterly growth in premiums, profit

February 15, 2018

The Carmel-based company, which specializes in insurance for the transportation industry, reported an estimated tax benefit of $9.6 million in the fourth quarter due to the effects of federal tax reform.

Bill alleviates liquor-permit scramble in suburbs

February 15, 2018

A state Senate bill aims to provide additional alcohol permits to a handful of municipalities, and even a major mixed-use development in downtown Indianapolis.

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8,716 results for 'Carmel'

People

Kurt Beier

Articles

KAR to spin off salvage unit into new public company

KAR Auction’s proposed spinoff to be headquartered in Illinois

KAR to spin off Insurance Auto Auctions unit, creating separate public firm

Insurance giant GEICO adding 1,400 jobs at Carmel offices

Carmel’s zoning board approves proposed mosque in 3-2 vote

Brown closes Mass Ave eatery, plans new restaurant project with Oesterle

Hospital construction boom fans overbuilding fears

Indiana gun-permit bill sees more scrutiny in wake of Florida shooting

EDITORIAL: Public deserves details about $1B health project

New local tech industry survey reveals growth, concerns

KAR sees profit soar on higher revenue, tax benefits

St. Vincent says it remains ‘fully committed’ to West 86th Street campus

Franciscan nixes Carmel care center but prepares to open another in downtown Indy

Hospital complex costing $1B planned for 96th and Spring Mill

Baldwin & Lyons reveals departure of chief operating officer

Developer building big spec warehouse in Westfield

Themed trivia draws super fans to show off pop-culture knowledge

Baldwin & Lyons sees quarterly growth in premiums, profit

Bill alleviates liquor-permit scramble in suburbs