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Conseco/CNO Financial
CNO Financial's first-quarter profits surge 59 percent
May 2, 2011
J.K. WallThe Carmel-based life and health insurer earned $54 million, or 19 cents per share, topping the expectations of Wall Street
analysts.
MoreExecutive compensation surges at CNO Financial Group
April 12, 2011
J.K. WallThe Carmel-based life and health insurer more than doubled CEO Jim Prieur’s compensation, and also gave increases ranging
from 44 percent to 89 percent to other top executives.
MoreUPDATE: CNO shares soar after quarterly profit rises
February 23, 2011
J.K. WallThe Carmel-based life and health insurer, in an after-markets announcement, said it earned $168.2 million in the final three
months of last year, a big jump from the $18.2 million profit it posted in the same quarter the prior year.
MoreConseco brass agree to settle 8-year-old suit for $41.5M
January 1, 2011
Greg AndrewsThe suit accused CEO Gary Wendt, President Bill Shea, Chief Financial Officer Charles Chokel and Chief Accounting Officer
Jim Adams of engaging in a “massive and systematic coverup of ... actual debts and losses through complex accounting,
misleading disclosures, and irregular accounting practices.”
MoreConseco name lives on at downtown arena
December 18, 2010
Anthony SchoettleCNO Financial Group appears to have backed away from plans to change the name of the Indiana Pacers home it sponsors, Conseco
Fieldhouse, even though the company no longer uses the Conseco name.
MoreCNO Financial plans $300 million sale of debt
December 8, 2010
Bloomberg NewsCarmel-based CNO Financial Group Inc., the insurer formerly known as Conseco Inc., plans to sell $300 million of seven-year
senior-secured notes, according to a company statement.
MoreCNO Financial looking to refinance bank loans
November 30, 2010
J.K. WallThe Carmel-based life and health insurer says it has started discussions with a group of lenders about refinancing $652.1
million in debt.
MoreCNO Financial Group profit beats analysts' expectations
November 2, 2010
J.K. WallExcluding investment and special charges, the Carmel-based life and health insurer on Tuesday reported a profit $47.1 million,
down 13 percent from the same quarter a year ago, but still beat analysts' expectations.
MoreLucas Oil owners to buy former Hilbert estate
October 6, 2010
Lucas Oil Products Inc. owners Forrest and Charlotte Lucas confirmed they were buying the property for $3 million at a news
conference Wednesday afternoon. It will be used for "business activities and community functions."
MoreLaw firm says ex-Conseco director shorted it on fees
September 4, 2010
J.K. WallThe last man to settle with with the Carmel insurer over unpaid debt now is now being sued for not paying his legal bill.
MoreFormer Hilbert mansion draws local interest in auction
August 31, 2010
Scott OlsonSealed-bid auction attracts a half-dozen bids from interested owners that are "more centrally located than you might think,"
said the listing agent.
MoreBid deadline looms for former Hilbert mansion
August 27, 2010
The 25,000-square-foot mansion once owned by Conseco Inc. founder Stephen Hilbert was listed five years
ago at $20 million—and
about half that in recent months. Now the property is being sold in a sealed-bid auction, and offers are due Friday.
MoreCNO Financial profits surge 20 percent, beating expectations
August 3, 2010
J.K. WallThe Carmel-based life and health insurer earned $33.1 million in the three months ended June 30, or 12 cents per diluted share.
Excluding losses on investments and retired debt, the company would have earned 16 cents per share.
MoreHilbert mansion to be auctioned
July 14, 2010
Kathleen McLaughlinCNO Financial Group Inc. will resort to a sealed-bid auction to unload the lavish Hilbert mansion in Carmel, which has been
on the market for five years. Its latest asking price was $9.9 million.
MoreSlow economy bruises profits of Indiana's largest public companies
June 19, 2010
Marc D. AllanOne-time events influenced bottom lines of some of the few companies that made more money in 2009.
MoreRenamed Conseco OK with less-flashy future
May 15, 2010
J.K. WallCNO Financial Group Inc., known as Conseco Inc. until May 11, has become almost the polar opposite of what it was under flashy
co-founder
Steve Hilbert. Instead of high-octane growth driven by merger deals, CNO Financial has returned to profitability
by selling low-dollar products and emphasizing low-cost operations.
MoreShareholders overwhelmingly OK Conseco name change
May 11, 2010
J.K. WallCarmel-based life and health insurer is now CNO Financial Group Inc. to reflect what company officers call a "transformation"
of the once-troubled firm.
MoreConseco profit edges analyst expectations
May 4, 2010
J.K. WallThe Carmel-based life and health insurer earned $33.9 million in the quarter, more than 38 percent higher than during the
same quarter a year earlier. Nearly all of that increase, however, was due to lower losses on investments and debt modifications.
MoreStruggling firms stash away losses to cut future taxes
April 17, 2010
Peter SchnitzlerConseco expects its write-offs will be worth more than $800 million over the next 20 years.
MoreConseco trims CEO's pay but gives exec team raises
April 2, 2010
Peter SchnitzlerJames Prieur's total compensation fell 5 percent last year to $3.3 million, but other Conseco executives saw pay hikes between
25 percent and 54 percent.
MoreConseco cuts 20 jobs at Carmel headquarters
March 31, 2010
J.K. WallConseco Inc. moved some of its customer-service work to India, prompting the local job reductions.
MoreCEO: Conseco's name no longer says insurance
March 25, 2010
J.K. WallConseco Inc. CEO Jim Prieur says it's time to change the company's 27-year-old name partly because it's become better associated
with a sports facility than with the insurer's products.
MoreConseco seeking to change its name
March 25, 2010
IBJ Staff and Bloomberg NewsCarmel-based insurer Conseco Inc. will ask shareholders to approve changing the company’s name to CNO Financial Group,
the company said Thursday morning.
MoreConseco shares fall after dip in fourth-quarter profits
February 26, 2010
J.K. WallCarmel-based insurer swings to a profit, but earnings from operations decline.
MoreConseco's quarterly profit trimmed by legal costs
February 25, 2010
J.K. WallCarmel-based insurer Conseco Inc. has been profitable for four straight quarters.
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RKW's comments read like a modern "Chicken Little". As a Raintree resident for many years, "Yes, I'm ready for this." Matter of fact, I welcome The Farm because it's a development that compliments our town, brings new and desirable shopping & dining closer (specialty grocer, upscale shops, micro brew pub, etc), offers upscale condos for empty nesters who want to stay in Zionsville, is being planned and constructed by local, well-reputed firms and, of course, provides desirable non property tax benefits. We all knew the Pittman's were going to develop their property sooner than later. That one of the Pittman's will continue to live on the property helps assure The Farm will be everything promised. This also sets a standard for other developers as to the quality of future developments - which should keep an ugly Walmart at bay for decades. As we've no meglomaniac mayor, I seriously doubt Zionsville would ever aspire to over-priced statues or subsidized retail rents. And we already have a very nice public theater, the Zionsville Performing Arts Center, that meets our cultural needs quite nicely.
Do we add (or subtract) these from the bounty we recieve from RTWFL, Daylight Savings Time, corporate tax giveaways, and the crack job IEDC is doing?? Or is Mike going to blame these on Mitch?
Who makes Tater Tots? They would be a good sponsor, because $3 Million for the alleged "Greatest Spectacle In Racing" is taters. Tiny, tiny taters. But at least they are making up something of the losses accumulated over the years in this dying sport. Buttock in seat is certainly not doing it, nor eyeball on TV, as evidenced by the lack of both.
We loved lakehouse and think the Arbor Village would be a great location. It is less than 2 miles from over 1000 rooftops in the 225,000 to over 1 million range. Many people could use the great fishers trail system to bike or walk there. Just an idea Scotty -- but maybe something closer to 3 Wiseman would good. The only microbrew in area is Ram (boring)
True, it's an ESPN production, but ESPN is just another name for ABC Sports, or what used to be ABC Sports since ABC Sports no longer exists as a name. ESPN=ABC Sports= ESPN. ESPN is, according to Forbes "the world's most valuable media property" worth $40 billion. Despite that, they fired 400 people this week.