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Benicorp halts new sales to fix system woes: Complaints, losses mount at local health insurer

July 23, 2007

Locally based Benicorp Insurance Co. stunned health benefits professionals this month by distributing a simple memo. The small provider of group health insurance and benefits administration services announced a moratorium on new business until the company resolved problems with a new claims-processing system. “It’s highly unusual,” said Sheri Alexander, manager of employee benefits at Gregory & Appel, an Indianapolis insurance brokerage. More than 180 complaints have been filed against Benicorp since Jan. 1, according to records at the Indiana Department…

ATA maintenance flying out of Indianapolis

July 2, 2007

ATA Airlines plans to discontinue line maintenance in Indianapolis by Nov. 1 and appears ready to deactivate its Indianapolis maintenance operations entirely. The discontinuation of line maintenance-which involves quick, overnight-type aircraft work rather than overhauls-underscores the increasing irrelevance of Indianapolis to the locally based airline. Once the busiest carrier at Indianapolis International Airport, ATA ended […]

Airport survey: Businesses want nonstops to Western cities

June 18, 2007

Better air access to Western cities key to Indiana’s technology and bioscience industries is high on the wish list for executives
and travel managers who responded to a survey commissioned by Indianapolis International Airport.

Court tells telecom giants to pay payphone operators

June 4, 2007

The state’s 30-or-so independent payphone operators–a conveyance nearly made extinct by wireless phones–may begin receiving
refunds next month from AT&T Indiana and Verizon for excess charges the phone companies billed independent payphone operators
for dial tones from 1997 to 2004.

Insurer stays on roll by hitting the brakes: Baldwin & Lyons profits more despite revenue drop

May 28, 2007

But that axiom doesn’t seem to apply to Baldwin & Lyons Inc. The quiet trucking-fleet insurer headquartered in Indianapolis happily let its revenue slide last year 7 percent, ending a four-year run of rapid growth. Why? Because new competitors have aggressively entered Baldwin’s traditional trucking market with lower prices. The industry’s margins have been slashed by half or more. Most businesses would call that trend a threat. But not Baldwin. President Joe DeVito disdainfully calls these new competitors “naive capital,”…

Emmis deal opens way for interactive Indianapolis 500

May 23, 2007

Indianapolis-based Emmis Communications Corp. and Indianapolis Motor Speedway have signed a unique, exclusive deal that will allow Indianapolis 500 fans to answer trivia questions and make race and Carburetion Day predictions via their cell phones. Carb Day is Friday and the race is Sunday. Financial terms were not released, but sports marketers said it’s an […]

State Supreme Court rules in favor of utility insurers

May 1, 2007

The Indiana Supreme Court said today that insurance carriers are not required to pay power utilities’ costs to install pollution equipment or to pay utilities’ legal costs to defend against lawsuits that forced them to upgrade air quality. The 17-page, unanimous opinion upheld a decision by Hendricks Superior Judge David H. Coleman denying a motion […]

IBM announcement to come Monday, report says

April 26, 2007

A long-expected announcement that IBM will locate a call center in Daleville is being scheduled for Monday. The building, formerly owned by Burlington Motor Carriers, will host as many as 500 workers, according to The Star Press of Muncie. The center is thought to handle calls from IBM business customers.

Republic profit rises on greater passenger traffic

April 26, 2007

The addition of 39 regional jets and resulting increase in passenger traffic helped fuel a 14.1-percent improvement in first-quarter profit for Republic Airways Holdings Inc., the Indianapolis carrier said yesterday. The parent of Chautauqua and Republic airlines and Shuttle America reported $19.3 million in net income. Republic also said its plans to add 54 regional […]

ATA parent sees potential in World Air, despite its woes: Impact of deal on Indianapolis headquarters unknown

April 23, 2007

The biggest acquisition in the 34-year history of ATA Airlines will steer it closer to its charter roots and further from a scheduled-service binge that led to bankruptcy three years ago. Analysts say the $315 million deal to buy Atlanta-based World Air Holdings will broaden the revenue base and bring economies of scale for ATA’s newly renamed parent, Global Aero Logistics. It also hands ATA a cargo business worth $100 million in 2005. The deal should give the Manhattan vulture…

Dura to shutter Brownstown plant, lay off 114.

April 3, 2007

Dura Automotive Systems Inc. of Rochester Hills, Mich., said today that its Brownstown plant is among four it plans to close to improve efficiency. The Brownstown site, which employs 114 workers manufacturing spare tire carriers, winches and toolkits, is in southern Indiana, an hour’s drive from Bloomington. Other Dura plants slated for closing are in […]

Snubbing of ‘queen of the skies’ to save millions: Airport decides it can’t justify taxiway upgrades with FedEx cancellation of ‘super-jumbo’ Airbus A380

March 12, 2007

Not only did airport tenant FedEx cancel its order for the cargo version of the “superjumbo” last November, but no other carriers have indicated they’ll likely use the super-jumbo here, said airport Director Patrick Dooley. Nor, Dooley added, is there a compelling case to be made for taxiway upgrades merely as a contingency for A380’s being diverted here occasionally from Chicago’s O’Hare International or other airports. So managers are removing all references to the A380 in a long-range airport plan…

Evansville looks to US Airways for Indianapolis flight

March 1, 2007

Evansville Regional Airport plans to ask US Airways Inc. to resume flights to Indianapolis six years after the Tempe, Ariz., carrier pulled back in the wake of the 2001 terrorist attacks. Airport Manager Nelson Bailes also hopes to persuade the airline to fly between Indianapolis and South Bend, according to the Evansville Courier & Press […]

Airport considering air cargo facility

February 12, 2007

Indianapolis airport officials are considering building a smaller version of FedEx’s 2-million-square-foot hub here, one
that could accommodate several cargo carriers from around the globe. The “international air cargo facility” could be up to
several hundred thousand square feet large and could cost tens of millions of dollars to build.

BRIAN WILLIAMS Commentary: Good legislation to promote good health

February 12, 2007

BRIAN WILLIAMS Commentary Good legislation to promote good health The newly elected and re-elected men and women of the Indiana General Assembly will debate and vote on many issues of importance during the 2007 session. One legislative proposal upon which members of the General Assembly and governor should quickly reach consensus is the proposal put forth in House Bill 1160, authored by Rep. Craig Fry, D-Mishawaka, and Senate Bill 114, authored by Sen. Beverly Gard, R-Greenfield, that would change the…

Doctor report cards may boost care, pay: New pay-for-performance model prepares for testing

January 22, 2007

The designers of a pay-for-performance plan for doctors are about to put their theories to work. The Quality Health 1st of Indiana program will start testing its unique system for measuring performance in the next three months, and it might lead to bonus payments for doctors by the second half of 2007. Big in-state insurers like M-Plan Inc. and Anthem Blue Cross and Blue Shield of Indiana back the initiative, and several large doctor groups have signed up, too, said…

Republic Airways plans to add more than 1,000 pilots

January 19, 2007

Republic Airways Holdings said it plans to hire more than 1,000 pilots by the end of 2008, swelling its pilot ranks to 2,600. The Indianapolis-based holding company said its carriers—Chautauqua Airlines, Republic Airlines and Shuttle America—need more pilots to keep pace with Republic’s partnerships with American, Continental, United and Delta airlines. Republic will begin service […]

Aviation school adds five degree programs: Embry-Riddle considered closing local campus

January 15, 2007

One of the nation’s most prominent aviation schools is giving Indianapolis another chance. After withstanding a plunge in enrollment, Embry-Riddle Aeronautical University is adding five degree programs at its center here, with most of them aimed at careers outside the turbulent commercial aviation sector. It also plans to expand beyond its local student base of mostly working adults to court recent high school grads. Though in Indianapolis for 13 years, Embry-Riddle has had all the profile here of a stealth…

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