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Anthem Reaches $115M Data Breach Settlement
Indianapolis-based Anthem Inc. (NYSE: ANTM) has reached a $115 million settlement agreement over the 2015 data breach involving nearly 80 million people. Attorneys for the plaintiffs in the class action lawsuit say the agreement, if approved by the court, would be the largest data breach settlement in history. The settlement fund would be used to provide those affected by the breach with at least two years of credit monitoring or reimburse those who are already enrolled.
State to Unveil 10-Year Ag Strategy
A group of Indiana agriculture and community leaders will today unveil a 10-year strategic plan for the state's $37 billion ag sector. The Indiana State Department of Agriculture says a team has been working on the plan for the past 18 months. Monday's launch will include presentations, speakers and panel discussions to detail strategic priorities and initiatives for the next decade.
Gillenwater Named 'Executive of the Year'
The Indiana Chamber Executives Association has named Christy Gillenwater its 2017 Executive of the Year. She is president and chief executive officer of the Southwest Indiana Chamber and received the honor at the association's annual conference in South Bend. Gillenwater has served as president and CEO of the chamber since 2013.
New Ball State President: We Want to be Better Partners
New Ball State University President Geoffrey Mearns says he is using his first 100 days in office to gather input on a strategic plan for the university, which he expects to begin to roll out in the fall. Mearns, who began his tenure on the Muncie campus last month, says his vision for the school includes a commitment to Muncie and east central Indiana, a region that has been hit hard by a changing manufacturing economy.
Determine Aims to Raise Millions With Stock Offering
A central Indiana tech company is looking to raise nearly $5 million with a common stock offering. Carmel-based Determine Inc. (Nasdaq: DTRM), which relocated from the Silicon Valley one year ago, says it plans to use proceeds from the sale for marketing, capital and corporate purposes. It has signed an agreement to offer close to 2.2 million shares of stock for $2.50 each.