Colts win Super Bowl; city loses bid to host
Despite a mammoth effort by city leaders, which included raising $25 million from the corporate community, Indianapolis lost
to Dallas the right to host the 2011 Super Bowl.
Despite a mammoth effort by city leaders, which included raising $25 million from the corporate community, Indianapolis lost
to Dallas the right to host the 2011 Super Bowl.
A U.S. mandate forcing insurers led by UnitedHealth Group Inc. and WellPoint Inc. to spend 85 percent of revenue from premiums
on medical care is the newest front in the battle between the Obama administration and companies over industry profits.
As IBJ reported last year, Houston-based American General Life Insurance Company is attempting to invalidate a $15
million policy it issued in January 2006 insuring the life of Germaine “Suzy” Tomlinson—Conseco Inc. co-founder
Stephen Hilbert’s mother-in-law—who died Sept. 28, 2008, at age 74.
Not-for-profit hopes to have $150,000 in annual funding restored, particularly now that it has taken on the additional duties
related to the Circle City Classic.
Historic Landmarks Foundation of Indiana is expected to announce Tuesday that it will move its headquarters to the Old Centrum
at 12th Street and Central Avenue in Indianapolis.
Part of the overall utility problem is that lack of government oversight and public policy vision has made Indianapolis one
of the highest-polluting and just plain ugliest cities in the Midwest.
A serial entrepreneur often thrives on getting a business going, making it a success, then selling it off by
taking the firm public, or selling it to private investors or to another firm. The business owner, by contrast, often remains in the same
place, doing the same thing year after year.
Praise for Brad Stevens, the Butler seniors, and more.
The Indianapolis Airport Authority board had heard the allegations that John Clark, their star candidate for airport CEO,
spent big on world travel while chief of the Jacksonville Aviation Authority. Now, the Florida state attorney is collecting
travel records there and information from Indianapolis about trips Clark made here for job interviews.
This year’s events delivered a return on investment far more powerful than the estimated economic impact.
Horizon League Commissioner Jon LeCrone is hopeful Butler University officials will not let their enthusiasm over the school’s
recent push to the NCAA Championship game run wild.
The findings may come as a surprise to not-for-profit executives who think the Internet generation doesn’t require a
personal touch.
If Butler sophomore Gordon Hayward declares himself eligible for this year's NBA draft, there are lots of reasons for
the Pacers to take him with the No. 10 selection.
Eli Lilly and Co. can be certain of its exclusive rights to sell its cancer drug Gemzar for at least another
seven months. After that, who knows? The U.S. District Court for the Southern District of Indiana last week upheld the validity
of Lilly’s compound patent on Gemzar. But the court said Indianapolis-based Lilly could not enforce a second patent
on the drug until a court challenge plays out. That patent, related to the particular way Gemzar is used, was declared invalid
last year by a federal court in Michigan. Lilly's appeal of the Michigan ruling to the Court of Appeals for the Federal
Circuit will be heard on May 7. At stake is another three years of exclusive sales of Gemzar, if Lilly’s second patent
is upheld.
Indianapolis-based OneAmerica Financial Partners Inc. is edging further into the employee-benefits market.
The company’s American United Life Insurance Co. will now offer vision and dental insurance to its employer customers.
AUL won’t underwrite the insurance itself, instead hawking policies from Minnesota-based Security Life Insurance Company
of America. AUL will act as the third-party administrator for the policies it sells. AUL already offers disability, medical
stop-loss and group life insurance to employers.
Purdue University's Healthcare Technical Assistance Program has named Monica Arrowsmith director of
a new center to help Indiana primary-care doctors adopt electronic record and e-prescribing technology. Arrowsmith is heading
the Indiana Health Information Technology Extension Center (I-HITEC), funded by $12 million in stimulus funds via a federal
grant. Purdue’s center, one 70 nationwide to receive stimulus funds, will help small practices of 10 or fewer health
care providers select and implement new information technology. Arrowsmith was chief quality officer and legal counsel for
Clarian Arnett Health in Lafayette.
IUPUI is offering a new online graduate certificate program in clinical informatics to help local health
care providers use the information provided by electronic medical record systems to improve their practices. The certificate
can be gained by taking six courses available in the evening and accessible through online distance education. Applicants
must have clinical backgrounds, be licensed and hold a four-year degree from an accredited institution.
Proposal at annual meeting will ask health insurer to study feasibility of converting to not-for-profit status.
It was the third runner-up finish for the city in the past six months. The Indiana Fever lost in the WNBA finals, the Indianapolis
Colts lost the Super Bowl and now Butler.
National ticket search engine says about 4,500 remained Monday morning for the NCAA championship game at Lucas Oil Stadium.
Police are warning college hoops fans about counterfeit tickets on the market for Monday’s NCAA men’s basketball
national championship game at Lucas Oil Stadium between Butler University and Duke University. Over the weekend, Indianapolis
Metropolitan Police confiscated more than 140 counterfeit tickets from scalpers. One scalper arrested by police had made about
$3,500 selling fake tickets before being apprehended.