13 WTHR IndianapolisInsurer WellPoint's 4Q profit sinks 39%

Insurer WellPoint's 4Q profit sinks 39%

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  • Sunday, May 27 2012 4:01 AM EDT2012-05-27 08:01:05 GMT
    Sunday could be a record-breaking day at the Indianapolis Motor Speedway. The weather will be a repeat of Saturday's hot temperatures, and we could reach a high of 94. That would break the Indy 500 race
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  • Sunday, May 27 2012 3:25 AM EDT2012-05-27 07:25:34 GMT
    We have a report of a man shot in the chest at 25th Street and Georgetown Road, directly across the Indianapolis Motor Speedway. The victim was rushed to Wishard Hospital. No word on the victim's name
    We have a report of a man shot in the chest at 25th Street and Georgetown Road, directly across the Indianapolis Motor Speedway.

  • Sunday, May 27 2012 12:58 AM EDT2012-05-27 04:58:50 GMT
    A busy weekend on the waters of Lake Monroe, turned deadly Saturday evening. Indiana's Department of Natural Resources confirms a man drowned at about 6:00pm near the Fourwinds boat rental docks. That's
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  • Saturday, May 26 2012 8:16 PM EDT2012-05-27 00:16:06 GMT
    Marion County Deputy Michael McKittrick was arrested by Marion County Criminal Investigators early Saturday morning on a preliminary charges of criminal recklessness. Investigators were called to the
    Marion County Deputy Michael McKittrick was arrested by Marion County Criminal Investigators early Saturday morning on a preliminary charges of criminal recklessness.

  • Saturday, May 26 2012 8:12 PM EDT2012-05-27 00:12:26 GMT
    The National Weather Service has issued a Heat Advisory from 12:00 pm Saturday, May 26 to 8 pm Sunday, May 27, 2012. Heat Index values are expected in the middle 90s for Saturday and even warmer indices
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  • Saturday, May 26 2012 7:50 PM EDT2012-05-26 23:50:15 GMT
    Dry and hot conditions this Memorial Day weekend are creating concerns among Indiana farmers and others. Areas of the state - particularly its northeastern and southwestern corners - have experienced
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  • Saturday, May 26 2012 7:46 PM EDT2012-05-26 23:46:40 GMT
    Rose-Hulman Institute of Technology is renaming its Student Innovation Center after late President Matt Branam. The college in Terre Haute says its board of trustees had voted unanimously for the move.
    Rose-Hulman Institute of Technology is renaming its Student Innovation Center after late President Matt Branam.

  • Saturday, May 26 2012 7:06 PM EDT2012-05-26 23:06:13 GMT
    Thousands of people lined the streets of downtown Indianapolis Saturday afternoon for the IPL 500 Festival parade. Some lining the router were able to get under some shade but most were stuck out in the
    Thousands of people lined the streets of downtown Indianapolis Saturday afternoon for the IPL 500 Festival parade.

  • Saturday, May 26 2012 3:59 PM EDT2012-05-26 19:59:06 GMT
    A coroner says the gunman killed in a northwestern Indiana police standoff was a Texas man. The man was identified Saturday as 48-year-old Roy L. Ferguson of Fulshear, Texas. Porter County Coroner Chuck
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INDIANAPOLIS -

WellPoint says its fourth-quarter profit sank 39% as investment income fell and expenses climbed, but the health insurer raised its quarterly dividend and says it expects earnings growth in 2012.

The largest health insurer based on enrollment says it earned $335.3 million, or 96 cents per share, in the three months that ended December 31. That's down from $548.8 million, or $1.40 per share, in the final quarter of 2010.

Revenue rose 5 percent to $15.32 billion.

Analysts had expected earnings of $1.12 per share on $15.46 billion in revenue.

The Indianapolis company says its board approved a quarterly dividend of 28.7 cents per share. It expects to earn at least $7.60 per share in 2012, which would represent growth of more than 8% over 2011.

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