Medicare officials stressed Tuesday that they did not take cost into account in the coverage decision, but rather whether Aduhelm is “reasonable and necessary” for treating Alzheimer’s patients enrolled in the program.
Fieldhouse deal should boost Indy-based Gainbridge’s profile
Experts say the deal could be a boon if the annuity and life insurance firm manages to leverage the exposure in a manner that pushes the bounds of a traditional naming-rights deal.Read More
Carmel-based firm uncovers three separate cases of employee fraud
Maria Caceres, a former employee of Seven Corners Inc., stands accused of defrauding the travel insurer by submitting false claims—the third employee to face such charges within two years in separate cases.Read More
Former head of Eskenazi burn unit sues IU Health, IU medical school
A prominent Indianapolis surgeon is suing Indiana University and Indiana University Health, claiming they broke his contract and interfered with his ability to get another job.Read More
Carmel-based Protective Insurance to be acquired by Progressive
Insurance giant Progressive is purchasing Protective in a stock deal worth $338 million. Protective, known as Baldwin & Lyons Insurance until 2018, is the Indianapolis-area’s 12th largest public company in terms of annual revenue.Read More
Despite the “dire” financial downturn caused by COVID-related business closures, the Indianapolis Repertory Theatre can’t claim loss-of-use coverage under its insurance policy, the Court of Appeals of Indiana ruled.
Officials in a small central Indiana town plan to seek reimbursement from a straw-storage business after fire crews spent weeks fighting a fire smoldering amid corncobs and straw bales.
Since 2017, home insurance premium rates are up 11.4% on average, and insurance experts expect the rates to remain high.
If implemented, the projects could remove more than 650 parcels from the federal 100-year floodplain, releasing properties in the southwest-side neighborhood from expensive flood insurance requirements.
Indianapolis’ Department of Public Works is proposing a list of strategies to shrink federal floodplain boundaries, as well as to decrease the severity of water damage in the flood-prone neighborhood.
U.S. officials say China’s ambitions in artificial intelligence and a range of advanced technologies could eventually give Beijing a decisive military edge and possible dominance over health care and other essential sectors in America.
The 18,000-seat venue downtown is now called Gainbridge Fieldhouse, thanks to a multiyear sponsorship deal between Pacers Sports & Entertainment and Indianapolis-based insurance holding firm Group One Thousand One LLC, the parent of Gainbridge Insurance Agency LLC.
Due to a spike in the number and severity of ransomware attacks and other cybercrimes, insurers are tightening up their cyber insurance underwriting standards.
Established in 2009, myCOI uses proprietary software and human expertise to help clients assure that they and their business partners have the proper insurance coverage.
From February 2020 through January, Medicaid enrollment climbed nationwide by 9.7 million, according to a report based on the most recent available data.
Protective Insurance Corp. soon will disappear from Indiana’s public company rolls, and part of the reason is Steve Shapiro, a guy you probably have never heard of.
The benefits administrator, DirectPath LLC, offers a variety of technology-driven services for employees and employers.
Operating revenue for the Indianapolis-based insurer climbed 16% from the same quarter last year to $30.65 billion. But net income fell to $222 million from $1.18 billion.
The goal is to inspire creativity and entrepreneurship among employees who have ideas for products and services that can complement the larger company.
An Indianapolis startup with a unique back story is introducing a solution to a very old—and expensive—problem. Peril Protect is ready for national expansion.
The NCAA’s insurance payout for March Madness is perhaps the largest for a pandemic-related event cancellation thus far.
Jarrett and Lauren Silagyi were thrown from the high-powered boat and severely injured in the crash, which occurred when Daniel Towriss of Zionsville drove the boat into a South Florida jetty. The suit accuses him of drinking before the incident, but he has not been charged.
So many lawsuits have been filed against insurers in the U.S. that a Thursday hearing has been scheduled before a federal judicial panel in Washington to decide how to manage them all in the months—and possibly years—ahead.
The company said it plans to hire 150 sales agents who will work from home during the pandemic, just like the firm’s existing local workforce of 190.