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Conseco Insurance Group plans sales rebound: Insurer boosts product line, agent recruitment

March 28, 2005

Conseco Insurance Group just closed the book on a disappointing 2004 but its leaders already have a jump on several initiatives to prevent a repeat in 2005. The Conseco Inc. subsidiary launched two new life insurance products earlier this year and is aiming for a 25-percent increase in new business in 2005, according to Brad Corbin, the insurance group’s new executive vice president of sales. The insurer also has started burning some phone lines to boost the independent sales force…

Charter One Bank plans Indiana growth: Acquisition allows new owner to leverage 60 branches

March 21, 2005

Two and a half years ago, Charter One Bank had nary a single Indiana branch. Since then, it’s quietly built 60. Charter One is preparing an all-out assault on the Indiana bank market. Under the leadership of its new Indiana president and CEO, Norman S. Hatch, the bank plans to add 10 branches in 2005 and increase its Indiana head count from 400 to 500 employees. Hatch, who took charge Jan. 2, had been vice president of middle-market banking for…

Builders try retail approach: Estridge, Davis plan north-side home stores

March 7, 2005

Two locally based home builders are staking out retail storefronts in a bid to reach out to customers who might want to buy a new home while they’re picking up a gallon of milk or a pair of shoes. Carmel-based Estridge Cos. plans to open its HomeExperience store in Clay Terrace in late spring or early summer, while Indianapolis-based Davis Homes LLC in late April will move its showroom into a Krogeranchored shopping center at 96th and Meridian streets. For…

Unifying Indiana’s IT efforts: State’s new CTO plans to centralize computing

March 7, 2005

Indiana’s state Web portal, access-Indiana, won at least a dozen awards over the last four years. It was frequently lauded as a model of modern government efficiency-robust, reliable and user-friendly. But, according to new Indiana Chief Technology Officer Karl Browning, the reality was only skin deep. Certainly, accessIndiana is the handsome public face of state information technology. But beneath the surface, there’s a tangled mess of unconnected systems, each managed independently by a separate agency. Gov. Mitch Daniels, a Republican,…

No upcoming sunset for Sunrise Cafe:

March 7, 2005

We at the Sunrise assume it was a slow news day. We are but a small, familyowned restaurant wondering why we merited such a writeup in the [Feb. 14] IBJ. The Sunrise Cafe here at 116th and Meridian was started in 1988 and is owned by Lisa and Jim Horsfield. We also started the Keystone store in 1985 with Scott Horsfield (owner of the Sunrise Cafe at 116th and Cumberland Road) and Ralph Webb (owner of the 86th and Keystone…

CLOUD OF CONTROVERSY: Suburbs might follow city’s lead Backers: Tough Indy ban would sway others

February 28, 2005

The City-County Council’s handling of a proposed smoking ban has implications well beyond Indianapolis, to neighbors poised to adopt their own laws but watching the outcome in the state’s most populous city. If Indianapolis doesn’t enact a smoking ban, or adopts one that’s politically unpalatable to neighboring cities and counties, those communities might adopt a confusing variety of laws, observers on both sides of the debate say. They say a lack of uniformity could even spawn a migration of bar…

Supporters predict passage of waiver bill: Measure would allow uninsured to sign up for health care policies that exclude some pre-existing conditions

February 28, 2005

Indiana is one of only a few states in which individuals cannot agree to waive coverage for pre-existing conditions in order to get at least some type of health insurance. That could change this year, however. Dueling bills in front of the Legislature have passed out of the House and Senate and are being considered by the opposite chamber. Rep. Gerald Torr, R-Carmel, authored one of the measures and is confident some form of his legislation will pass. The object…

Ex-execs fly solo: Horn, Shoopman, others trade big firms for small

February 21, 2005

As president of The Dura Cos. Inc., Paul Shoopman was responsible for a 155-employee company that brought in $75 million in revenue in 2003 and built as many as 700 homes a year in Marion and the surrounding counties. Last year, Shoopman won an Ernst & Young national Entrepreneur of the Year award and sold his company to publicly traded California-based KB Home. This year, he’s starting over. Shoopman, 51, opened Indiana Land Development Co. in early January. From his…

Oak Street tables plans: Fast-growing mortgage firm postpones IPO

February 14, 2005

Oak Street Financial Services Inc., the fast-growing Carmelbased mortgage seller, has called off its initial public offering. “We still feel we’re in a growth phase,” said Oak Street spokesman Joe Poulos. “But some things have been scaled back, such as the IPO.” Oak Street filed initial IPO paperwork with the Securities and Exchange Commission last April, outlining plans to raise up to $150 million from investors. But SEC documents show Oak Street withdrew its registration request Feb. 1 One of…

Banking turnaround specialist returns home: First National names former People’s exec as CEO

February 14, 2005

One of the nation’s most successful bankers has returned to Indiana. After four years spent spearheading the turnaround of deeply troubled City National Bank in Charleston, W.Va., Jerry Francis took the helm at Kokomobased First National Bank & Trust Feb. 9. Francis is best known locally from his days as president of People’s Bank Corp. He left Indianapolis in 2001 after Fifth Third Bancorp bought People’s for $228 million. But his name is recognized across the nation thanks to the…

Head of IT firm ensures company primed for growth: She started business to offer customized training but altered her strategy as circumstances changed Strategic decisions “She almost vibrates” Female support

February 14, 2005

Kathy Carrier’s dad was angry when she left a lucrative job at a Fortune 500 company to start her own firm. But four years later, when she won an Ernst & Young Entrepreneur of the Year Award, he told his daughter: “Clearly your vision for yourself was greater than the one I had for you.” In less than seven years, Carrier, 46, has built her Fort Wayne-based information technology writing and training firm, Briljent LLC, into a business with annual…

IDEM levies fewer fines: Air pollution violators account for half of state’s penalties

February 7, 2005

Four of the 10 largest environmental penalties levied against Indiana companies in 2004 involved air pollution violations, an area of regulation likely to come under renewed focus after the first-ever “fine particulate” health warning was issued last week for Marion and five other counties. The Indiana Department of Environmental Management, which sounded the alarm, assessed $1.2 million in air pollution penalties last year-almost half of the $2.4 million in 1999, according to state records. The decrease in air penalty amounts…

Advocacy office leader will keep job with state: Daniels administration retains Kernan appointee, who took new position in July

January 31, 2005

Amid all the resignations and terminations in state government recently, at least one holdover appointed by the previous administration is remaining on the job. And small-business advocates could not be more pleased. David Dorff, whom former Gov. Joe Kernan tabbed in July to lead the state’s new Office of Small Business Advocacy, received word from Gov. Mitch Daniels in early January that he would remain on staff. Kernan unveiled the agency last summer as part of a series of initiatives…

Duke scratches spec itch on far north side: Nine Parkwood doesn’t signal new building boom

January 31, 2005

A strong leasing year in the Meridian corridor Class A office submarket led Duke Realty Corp. to break ground on a speculative office building, but local experts don’t expect other developers to follow Duke’s lead anytime soon. Site work has begun on Nine Parkwood Crossing, the final building in Indianapolis-based Duke’s project on 96th Street east of Meridian Street. Completion is set for January 2006. Minnesota-based American Family Insurance will occupy 45,000 square feet of the building, moving its offices…

Retail beginning to take hold on Michigan Road: Browning eyes 100 acres for retail or mixed-use

January 31, 2005

Browning Investments Inc. has nearly 100 acres under contract in the rapidly growing Michigan Road retail corridor. The locally based developer hasn’t yet cemented plans for the land, but they could include purely retail or a mixeduse development with multifamily, flex/office and retail components, said Vice President of Development James W. Browning. Most retail on the site would likely be highway-oriented, such as hotels or outlets of national chain restaurants, he said. The parcel, under contract from various owners, lies…

Wild over wilderness: Alaska conservation effort keeps Galyan’s founder busy

January 24, 2005

But Galyan’s name still carries weight like one of his old store’s GoLite Gust backpacks. Galyan-thesalesman-turned-fund-raiser managed to attract 30 outdoorsmen last week to dine in a bistro that carved vegetables into unmanly shapes. Then he convinced them to fork over cash to help protect 40 million acres of land-in southwest Alaska. “I’m Pat Galyan, of former Galyan’s fame,” he told an audience that ranged from the CEO of a window company to a top-dog lawyer who told his tablemates…

Terminal move might spur land rush: Midfield project to free choice real estate

January 24, 2005

Overshadowed by the $974 million midfield terminal project is a potential economic development bonanza: the reuse of the existing terminal and surrounding land at Indianapolis International Airport. More than 120 acres along Interstate 465 that today hold parked cars might someday house hotels, shipping operations or even a light-rail station after the midfield terminal opens in about three years. Another 54 acres representing the terminal and its immediate surroundings will be available for aviation uses from air freight to corporate…

Indiana IPOs break out of recent slump: Kite Realty, Republic Airways, Adesa among 5 state firms to test public waters

January 24, 2005

Hoosier-based companies registered five initial public offerings last year, a robust number considering not a single Indiana business went public in 2003. The uptick could signal the state’s economy, as well as the nation’s, is on the mend. Nationally, 233 companies raised $43 billion collectively to go public on the major U.S. stock exchanges in 2004, a 195-percent increase in the number of IPOs over 2003. And the performance could be even stronger this year, said Richard Peterson, a market…

Parking protest: Spurned operator questions airport contracting methods

January 17, 2005

The nation’s largest parking operator is complaining that Indianapolis International Airport canceled its joint-venture contract and handed the business to the local half of the venture without seeking competing proposals. Nashville, Tenn.-based Central Parking Corp. said that, given the chance, it would have offered the airport more to manage the Premier Business Class parking lot than its now-former partner, Global Parking System of Carmel, did. A counteroffer from Central came after the Indianapolis Airport A u t h o r…

STATEHOUSE DISPATCH: Technology advances provide Daniels with opportunity

January 17, 2005

Indiana’s new governor will obviously have the opportunity to shape a new government and plans to do so. But what has been unsaid about what the new structure may look like is how our assumptions about government and the delivery of government services have changed so radically since the last party change in the office in 1988, and even since the last election. The growth of the Internet and public acceptance of doing business online has Hoosiers now expecting that…

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People

Kurt Beier

Articles

Conseco Insurance Group plans sales rebound: Insurer boosts product line, agent recruitment

Charter One Bank plans Indiana growth: Acquisition allows new owner to leverage 60 branches

Builders try retail approach: Estridge, Davis plan north-side home stores

Unifying Indiana’s IT efforts: State’s new CTO plans to centralize computing

No upcoming sunset for Sunrise Cafe:

CLOUD OF CONTROVERSY: Suburbs might follow city’s lead Backers: Tough Indy ban would sway others

Supporters predict passage of waiver bill: Measure would allow uninsured to sign up for health care policies that exclude some pre-existing conditions

Ex-execs fly solo: Horn, Shoopman, others trade big firms for small

Oak Street tables plans: Fast-growing mortgage firm postpones IPO

Banking turnaround specialist returns home: First National names former People’s exec as CEO

Head of IT firm ensures company primed for growth: She started business to offer customized training but altered her strategy as circumstances changed Strategic decisions “She almost vibrates” Female support

IDEM levies fewer fines: Air pollution violators account for half of state’s penalties

Advocacy office leader will keep job with state: Daniels administration retains Kernan appointee, who took new position in July

Duke scratches spec itch on far north side: Nine Parkwood doesn’t signal new building boom

Retail beginning to take hold on Michigan Road: Browning eyes 100 acres for retail or mixed-use

Wild over wilderness: Alaska conservation effort keeps Galyan’s founder busy

Terminal move might spur land rush: Midfield project to free choice real estate

Indiana IPOs break out of recent slump: Kite Realty, Republic Airways, Adesa among 5 state firms to test public waters

Parking protest: Spurned operator questions airport contracting methods

STATEHOUSE DISPATCH: Technology advances provide Daniels with opportunity