Strong sales of retirement plans boost OneAmerica
A big bet on employer-sponsored retirement plans is paying off for locally based OneAmerica Financial Partners, a company best known for its life insurance offerings.
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Geico service center to create up to 1,200 jobs in Carmel
The insurer will invest millions to lease, renovate and equip a 109,000-square-foot customer service center at 101 W. 103rd St. It plans to begin hiring immediately, and bring up to 1,200 new jobs by 2016.
Carmel insurer looks within to find new CEO
Indiana Farmers Mutual picks executive vice president and legal counsel to replace long-time leader Daniel Stone.
Feds delay decision on Indiana Medicaid plan
The federal government has delayed action on Indiana's proposal to expand Medicaid because the state hasn't received public comment on the proposals, but the issue could be resolved quickly with two hearings set for next week, a spokeswoman for Gov. Mike Pence said Wednesday.
Indiana crop insurance payouts for 2012 losses top $1B
Purdue University said Tuesday that Indiana farmers received payouts for 2012 corn, soybean and wheat losses that are nearly twice as much as the previous record of $522 million in 2008.
Baldwin to move HQ to Carmel, add 133 jobs
Trucking and auto fleet insurer Baldwin & Lyons Inc. plans to move its headquarters from downtown Indianapolis to Carmel by the end of the year and hopes to add 133 jobs over the next five years, the company announced Monday afternoon.
Indiana Senate approves Medicaid expansion
The Indiana Senate voted Tuesday to expand Medicaid using a state-run program, as lawmakers and Gov. Mike Pence continue negotiating how the state should cover an estimated 400,000 low-income residents.
Pence still angling to use Healthy Indiana Plan to expand Medicaid
Decisions by other Republican governors to support Medicaid expansion is increasing pressure on Indiana’s governor to do the same.
WellPoint hikes quarterly dividend by 30 percent
The Indianapolis-based health insurer expects to return about $2 billion to shareholders this year, through the dividend and share buybacks.
U.S. audit: Indiana should refund $5.8M to Medicaid
A federal audit released Friday recommends Indiana's human services agency refund more than $5.8 million in Medicaid funds because Logansport State Hospital did not show it had complied with special conditions for psychiatric hospitals.
WellPoint shares tumble on surprising CEO hire
The Indianapolis-based health insurer saw its stock tumble as much as 4.8 percent Wednesday morning after it unexpectedly named career hospital executive Joe Swedish to be its next CEO.
CNO Financial boosts fourth-quarter profit
The Carmel-based holding company for insurance firms reported fourth-quarter 2012 net income of $101.2 million, or 41 cents a share. That was a 57 percent jump over the same quarter in 2011.
Indiana Democrats to seek Medicaid expansion
Democratic leaders in the Indiana General Assembly are seeking expanded Medicaid coverage with the argument that it will lower health care costs statewide.
Pence rules out Medicaid expansion in current form
Gov. Mike Pence said Wednesday that he has ruled out expanding Medicaid under the federal health care law unless Indiana gets approval to use state health savings accounts for the expansion.
Baldwin & Lyons reports lower quarterly, annual profit
The Indianapolis-based transportation industry insurer attributed the lower earnings to smaller investment gains. Excluding investments, quarterly profit increased due to fewer storm losses.
WellPoint beats analysts’ estimates with 4th-quarter profit surge
The Indianapolis-based health insurer earned $464 million, or $1.51 per share, in the fourth quarter, a 38-percent leap from a year ago, and topped analysts’ forecasts by 8 cents per share.
Shepherd Insurance agency goes on buying spree
The Carmel insurance agency acquired three separate companies in a flurry of activity at the end of the year that will add 17 people to its staff.
Insurers may prove choosy with overhaul exchanges
The leader of the nation's largest health insurer warned Thursday not to assume widespread participation from his company in part of health care overhaul's coverage expansion that unfolds later this year.
Indiana Democrats pushing for more health care action
Democratic lawmakers pushed Wednesday for Indiana to take steps toward implementing the federal health care overhaul that Republicans who control state government have so far rejected.
Health insurance changes daunting for Indiana employers
A portion of the Patient Protection and Affordable Care Act requiring companies in 2014 to begin offering health insurance to more workers is causing a lot of anxiety.