Conseco hopes to receive crucial upgrade: Ratings firm A.M. Best Co. may make decision soon

The holiday season may arrive a few months early for Conseco Inc. if its subsidiaries receive the ratings upgrade that has topped their wish lists since their parent emerged from bankruptcy. A.M. Best Co. plans to complete a Conseco review this summer, and it probably will deliver the gift of good news afterward, according to some analysts who cover the Carmel-based holding company. New Jersey-based Best currently rates the financial strength of Conseco's core subsidiaries at a B++ level, one...

 

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