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Merchants Insurance Group was founded on March 5, 1918, the day Merchants Mutual Liability Company opened for business with Urban F. Jehle as President. Mr. Jehle, owner and operator of a grocery store in Buffalo, returned from a grocers’ convention with the idea of bringing merchants together for the mutual protection of their delivery vehicles.
OneAmerica, founded in the city as American United Life (AUL) in 1877, is the second-largest privately held company in Indiana, with revenue of $2.7 billion in 2020. [35] [36] Carmel-based CNO Financial Group provides life insurance, annuity, and supplemental health insurance products to more than 4 million U.S. customers. Its headquarters ...
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The secretary of state of Indiana is one of five constitutional officers originally designated in Indiana's state constitution of 1816. Since 1851, it has been an elected position. The secretary of state oversees four divisions, and is the third highest constitutional office of the state government.
Merchants National Bank headquarters in Indianapolis in 1988. Merchants National Corporation (MNC) was an Indianapolis-based statewide bank holding company that was one of the largest Indiana-based financial institutions at the time it was acquired by Ohio-based National City Corporation in 1992.
The monthly pension benefit is determined by salary history, years of service, age, and the retirement option selected. TRF members become vested in the pension benefit after 10 years of qualified Indiana service. Members may purchase service credit for military service, out-of-state teaching, and qualified leaves of absence. [2]
The Government of Indianapolis—officially the Consolidated City of Indianapolis and Marion County—is a strong-mayor form of mayor-council government system. [2] Local government is headquartered downtown at the City-County Building. [3] Since 1970, Indianapolis and Marion County have operated as a consolidated city-county government called ...
The treasurer's constitutional powers make him the chief financial officer of the state government and give him control over all of the state's financial assets. Because the state operates with a large reserve fund, this gives the treasurer control over a large amount of money. In 2007, the total state portfolio was valued at over $5 billion. [2]