Human resources and benefits company FirstPerson regularly sends workers to Chicago; Silicon Valley; Austin, Texas; and other far-flung tech hubs to pick up new skills and broaden their thinking.
Indianapolis-based leadership consulting firm FlashPoint Inc. closed on the acquisition of Sonoma Leadership Systems on Sunday.
Fortune Industries Inc. shares on Monday jumped as much as 285 percent from Friday’s closing price. The New York Stock Exchange found the move and an intense spike in trading volume so odd that it asked the company for answers.
The proposed buyer is CEP Inc., a holding company led by Fortune Industries CEO Tena Mayberry and Chief Financial Officer Randy Butler, who first bid for the company last March.
The professional employer organization has terminated its purchase agreement with Ide Management Group LLC of Greenfield and now plans to pursue a sale it had explored previously.
Indianapolis-based Fortune Industries Inc.’s profit ticked up slightly in its fiscal first quarter but revenue fell due to the loss of two large clients, the company announced Wednesday.
Business services firm First Advantage said Tuesday that it plans to move its operational headquarters from St. Petersburg, Fla., to its local offices in Fishers, creating up to 100 jobs in the process.
Carter M. Fortune, 70, died Saturday at his home in Destin, Fla., the company said. The Fortune Industries chairman had been in the process of selling the public company to management in a deal valued at $30.5 million.
Have employees reached the tipping point where rising health care costs have forced them to think seriously about jumping ship?
The U.S. Supreme Court’s ruling to uphold the Patient Protection & Affordable Care Act cleared a big cloud of uncertainty for employers, but with just 18 months before the most significant provisions of the law kick in, many questions remain. Three benefits consultants from Indianapolis-based Gregory & Appel Insurance—Bob Miller, Mike Miles and Karl Ahlrichs—sat down to discuss what the future looks like for employer health benefits.
Sale to managers would alleviate problems for company’s 70-year-old namesake and keep firm from being seized by bank.
A shareholder of Indianapolis-based Fortune Industries Inc. has filed suit against the public company and its top executives, seeking class-action status on behalf of shareholders who want to stop a transaction that would take it private.
Indianapolis-based benefits brokerage FirstPerson acquired the small-employer human resource division of Indianapolis-based consulting firm FlashPoint last week in a bid to provide a wider array of services to small businesses.
The company is set to be purchased by CEP Inc., a holding company led by Fortune Industries CEO Tena Mayberry and Chief Financial Officer Randy Butler. But several law firms are investigating the sale for potential unfairness on behalf of shareholders.
Plan sponsors will face both higher expectations and legal responsibilities.
The Obama administration on Friday let stand an earlier rule that said brokers’ fees will have to count toward a 15-percent to 20-percent cap on administrative expenses placed on insurance plans by the 2010 health overhaul.
Employment services in the Indianapolis area say hiring is rising again, but the pace of activity has yet to return even to 2008 levels, and staffing executives don’t expect it to for some time.
The publicly held Indianapolis-based professional employer organization’s profit in fiscal year 2011 more than doubled from the previous fiscal year, to $1.3 million.
The Indianapolis-based professional employer organization reported a profit of $265,000 in the first quarter after posting a loss of $426,000 in the same three months last year.
Susan Rider is an employee-benefits account manager at Indianapolis-based Gregory & Appel Insurance. On July 1, she will become president of the Indiana State Association of Health Underwriters. She spoke about the first-year impact of the 2010 health reform law and further changes to come.
