Quarterly profit, revenue soar at Baldwin & Lyons
Baldwin & Lyons Inc. on Thursday morning reported a record third-quarter profit, thanks to big investment gains and an increase
in premiums.
Insurance
Articles
WellPoint shares flat after profits beat analyst predictions
WellPoint Inc.’s third-quarter profits soared above analysts’ expectations, but the insurer remains cautious in the face of
the flu and high unemployment.
Doctors balk at Senate attempt to cut waste
Some Indianapolis-area doctors fear a bill in the U.S. Senate would botch the way costs for tests and procedures are calculated, and ultimately
lead to a reimbursement system that works worse than the existing system.
WellPoint’s third-quarter profits beat expectations
WellPoint Inc.’s third-quarter profits fell 11 percent, the company reported this morning, but still soared above analysts’ expectations.
Experts: Feds’ antitrust move poses few risks to health insurers
Democratic lawmakers are seeking to stir up competition by stripping health insurers like Indianapolis-based WellPoint of
their protection from certain federal antitrust laws, although experts shrug off the effort as largely symbolic.
Gregory & Appel celebrates anniversary by writing 125 checks to charity
The awards of $500 each total $62,500. “In lieu of doing a party, it was more
appropriate and more the corporate culture of Gregory & Appel to do something charitable,”
Vice President Steve Appel said.
Goodwill executive to lead national health care board
Goodwill Industries executive Keith Reissaus has been tapped to run Washington, D.C.-based Leapfrog Group, an industry coalition.
Reissaus gained control of health care costs by giving employees incentives to care about their health.
Indiana insurance industry weathers hard times
Employment in Indiana’s insurance industry has remained stable despite a poor economy.
Democrats eye insurance industry’s antitrust protection
Top Senate Democrats intend to try to strip the health insurance industry of its exemption from federal antitrust laws, according
to congressional officials, the latest evidence of a deepening struggle over President Barack Obama’s effort to overhaul the
health care industry.
Baucus health reform bill draws fire in Indiana, too
The health insurance industry’s sudden counterpunch to the Senate version of health reform echoed in Indiana and
opened a key issue for the rest of the debate: Will covering half of the country’s uninsured mean raising premiums for
the 85 percent of Americans who already have insurance?
Power Breakfast panel debates health care reform
As health care legislation
continues to wend its way through Congress, Indianapolis-area industry leaders still harbor strong
opinions about the issue. Five industry insiders discussed how to improve the health care system during
IBJ’s Power Breakfast Sept. 25 at the Westin Indianapolis.
Doctors link together to experiment with ‘one-stop shopping’
Specialists are clustering to focus on a single ailment, such as pain, to cut costs and improve quality of treatment.
Conseco shares soar on hedge-fund investment
Shares of Carmel-based life insurer soared as much as 26 percent, to $6.30 apiece, in morning trading after New York-based
Paulson & Co. agreed to buy $78 million in Conseco stock and $200 million in company bonds.
Conseco to sell shares, bonds to shore up finances
Hedge fund will control nearly 10 percent of Carmel-based insurer.
VIDEOS: IBJ panelists examine needs, options for health-care reform
Presenting five video excerpts from a free-wheeling panel discussion about health-care reform featuring five of the city’s
top minds and decision-makers. Reporter J.K. Wall moderates the IBJ’s Power Breakfast on Sept. 25, covering tort reform,illegal
immigrants, pay models and the role of insurance companies.
VIDEOS: IBJ panelists examine needs, options for health-care reform
Presenting five video excerpts from a free-wheeling panel discussion about health-care reform featuring five of the city’s
top decision-makers. J.K. Wall moderates the IBJ’s Power Breakfast, covering tort reform,illegal immigrants, pay models and
insurance companies.
Insurers escalate criticism of health overhaul
The insurance industry sharply escalated its criticism of the Senate health care bill Sunday, charging that the legislation
would shift costs to privately insured people, raising the price of a typical policy by hundreds, if not thousands, of dollars
annually.
WellPoint shares partially recover after Thursday plunge
Shares of WellPoint Inc. partially recovered Friday morning after a plunge was touched off Thursday by gathering momentum behind health care reform and talk of a windfall-profit tax by Speaker of the House Nancy Pelosi.
Maine protest targets Anthem’s rate-hike appeal
Demonstrators on Wednesday backed Maine’s insurance superintendent for rejecting a request from the state’s largest private health insurer seeking an 18-percent rate hike for its individual insurance plans.
Clarian CEO pines anew for public insurance option
Most business groups cheered when Sen. Max Baucus, D-Mont., introduced a health reform bill with no so-called public option,
a controversial government-run insurance plan for working adults. But there’s a big group that would like
to see it back on the table—hospitals.