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Conseco/CNO Financial
CNO sees smaller profit after paying off debt
April 24, 2013
IBJ StaffCNO Financial Group Inc. posted much lower earnings in the first quarter after suffering a $57.2 million loss in the period
on the extinguishment of debt.
MoreCNO Financial to take $57M charge in first quarter
March 28, 2013
Associated PressThe Carmel-based insurance holding company says it expects to buy back more of its shares and take a special charge tied to
a recent tender offer.
MoreCNO Financial boosts fourth-quarter profit
February 11, 2013
The Carmel-based holding company for insurance firms reported fourth-quarter 2012 net income of $101.2 million, or 41 cents
a share. That was a 57 percent jump over the same quarter in 2011.
MoreNew tool could drive down employers' health care costs
January 19, 2013
J.K. WallTen of Indiana’s largest employers—including the state of Indiana; Cummins Inc.; CNO Financial Group Inc.; Indiana,
Purdue and Butler universities; and Indiana University Health—think they have hit upon a solution.
MoreCNO's Bonach has insurance firm back on offense
January 5, 2013
Chris O'MalleyCNO Financial Group’s stock price has nearly doubled since Ed Bonach took the helm in October 2011. Some analysts that
follow the successor to Conseco Inc., which a decade ago was the nation’s third-largest Chapter 11 bankruptcy reorganization,
now regard CNO as an attractive value play.
MoreStock buyback continues at CNO
January 5, 2013
IBJ StaffThe Carmel-based owner of Bankers Life and other insurance companies has seen its stock rise as it restructures debt.
MoreInsurance customer lawsuits dog CNO
November 24, 2012
Chris O'MalleyCNO Financial Group appears to have wrapped its arms around the cost of settling a trio of consumer lawsuits involving life
insurance rate hikes, but it’s not out of the woods yet.
MoreCNO Financial earnings fall on recapitalization charge
October 29, 2012
IBJ StaffCarmel-based CNO Financial Group on Monday reported a third-quarter loss of $5 million compared to a $179.5 million profit
in the third quarter of 2011.
MoreCNO stock hits 4-year high on recapitalization strategy
September 5, 2012
Bloomberg NewsCarmel-based insurer CNO Financial Group Inc. said Tuesday that it is seeking $950 million of loans and bonds to repay debt
and reduce borrowing costs.
MoreCNO Financial reports big earnings gain on higher sales
July 25, 2012
IBJ StaffEarnings at Carmel-based CNO Financial Group Inc. jumped 42 percent in the second quarter on higher sales of its insurance
products, the company announced Wednesday afternoon.
MoreLargest Indiana public companies mostly fared well in 2011
June 16, 2012
Performance varied widely as industries ebbed, flowed.
MoreCNO quarterly earnings jump on stronger sales
April 30, 2012
Chris O'MalleyCNO Financial Group Inc. on Monday reported first-quarter earnings of $59.1 million, a 30-percent increase from the $45.1
million it earned in the same quarter last year.
MoreCNO Financial expects to take $20M legal charge
April 23, 2012
The charge stems from a legal dispute involving changes in some life-insurance policies sold by subsidiary Conseco Life Insurance
Co.
MoreBankers Life paying $10M fine following securities probe
April 5, 2012
Cory SchoutenCNO Financial Group Inc. has agreed to pay $9.9 million to settle allegations by regulators in four states that its Bankers
Life subsidiary acted as an investment adviser and broker-dealer without proper state licensing.
MoreCNO Financial approves $100M stock buyback
March 1, 2012
Associated PressCarmel-based insurance holding company CNO Financial Group Inc. said Wednesday its board of directors approved the repurchase
of up to $100 million in stock.
MoreCNO Financial profits beat analysts' predictions
February 22, 2012
J.K. WallExcluding investment gains and one-time charges, CNO’s operations generated $60.1 million, or 22 cents per share, in
the fourth quarter, up 16 percent from the same period last year.
MoreScrutiny rises on Bankers Life
January 9, 2012
J.K. WallAfter the insurer's name went on Indianapolis' downtown arena, CBS News focused on how hundreds of Bankers Life’s
long-term-care insurance policyholders have accused the company of having “beat them down with bureaucracy."
MoreFieldhouse gets Bankers Life name
December 22, 2011
Francesca JaroszIt will be difficult to rebrand the arena where the Indiana Pacers play, but team officials praised sponsor CNO Financial
for sticking with the $20 million naming-rights deal despite tough times.
MoreHotels already calling venue CNO Financial Fieldhouse
December 20, 2011
IBJ StaffThe Pacers have not announced a name change, but have a special announcement scheduled for Thursday.
MoreDecatur Vein Clinic branches out
November 26, 2011
J.K. WallIn little more than a decade, former Conseco director Dr. David Decatur has turned his single-office family practice into
a multistate chain of vein clinics. A 14th location is planned.
MoreCNO Financial's quarterly earnings, revenue rise
October 25, 2011
IBJ Staff and Associated PressCarmel-based life and health insurer CNO Financial Group Inc. said Tuesday that its third-quarter earnings jumped nearly four
times over last year's third-quarter results, but mostly because of a one-time tax-related gain.
MoreDeficit committee could bite CNO
October 17, 2011
J.K. WallMedicare supplement policies are reportedly one of the targets of Congress’ special deficit-reduction committee—and
that’s not good news for Carmel-based CNO Financial Group Inc.
MoreCNO Financial sees quarterly profit soar, beating expectations
July 27, 2011
J.K. WallThe Carmel-based life and health insurer earned $59.5 million in the three months ended June 30, an increase of 80 percent
from the same period a year ago.
MoreOutgoing CEO: After 'near-death experience,' CNO doing well
July 7, 2011
J.K. WallCEO Jim Prieur got more than he bargained for when he took over CNO Financial Group (then-Conseco) five years ago, but he
said he's ready to step down now that the insurer is in good shape.
MoreCNO says CEO Prieur to retire, to be replaced by CFO
July 6, 2011
J.K. WallJim Prieur will retire as CEO of CNO Financial Group Inc. on Sept. 30 and will replaced by the company’s chief financial
officer, Ed Bonach, the company announced Wednesday.
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These higher rates Co. e about only because physicians are now hospital employees. otherwise physicians couldn't charge these rates and share the windfall with the hospital. Community/rural hospitals probably not buying physicians practices and thus weren't getting the windfall anyway.
The incentive for poor people to get themselves off public assistance and "no longer be poor" is even with help...they're STILL POOR! Being poor, even with some assistance, isn't all that pleasant. (I speak from experience) It's a stubborn myth that poor people, who are on public assistance, are sitting in the lap of luxury. You should try living on just those "freebies" that you mentioned and see how meager they actually are. By the way, I didn't mean you had to buy/own a puppy...just pet one. :)
As near as I can tell the minority has ZERO constitutional obligation to offer a quorum to the majority. A requirement for quorum was inserted into the constitution so that tyrannical majorities could not simply shove through odious and objectionable legislation (which is exactly what they did.) By allowing a tyrannical majority to charge fines against the minority for exercising their constitutional prerogative to deny quorum the court as made a mockery of constitutional governance in the state of Indiana.
The voters elected the Reps to make a vote not walk out on the vote. They had to the right to exercise their opinion and vote "no" to the bill. Let me ask you this if you walked out of your job for 5 straight weeks would you get paid? Would you even have a job to go back to? If any elected official walks out on the people they should be arrested for stealing tax dollars from the public. They were elected to do a job and not leave when the job gets stuff.
I have been to several of their locations in Pennsylvania and always go in for 1 item and leave with a basket full of things. I'm very happy they decided on Indiana, now if only they would put the other store in eastside.