Stephen Hilbert

MH Equity portfolio firm plans liquidation

March 14, 2013
 IBJ Staff and Bloomberg News
What was once Indianapolis-based MH Private Equity's most valuable portfolio company is going bankrupt. Entertainment Publications LLC, which produces fundraiser coupon books, filed for Chapter 7 liquidation Tuesday.
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Menard ousts Hilbert from investment firmRestricted Content

March 9, 2013
J.K. Wall
Steve Hilbert has been ousted as CEO of Indianapolis-based MH Private Equity after a bitter battle with John Menard, the hardware store king who financed the $500 million private equity firm.
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Menard lawsuit entangles businessmen Hilbert, Dick

December 4, 2010
Kathleen McLaughlin
Former Conseco executives Steve Hilbert and Rollin Dick are caught in a bitter legal battle between billionaire hardware king John Menard and his ex-fiancee.
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Drama builds in suit over Hilbert mother-in-law's life policy

November 6, 2010
Kathleen McLaughlin
Businessman J.B. Carlson is in debt for $5.9 million, and he may have been the last person to see 74-year-old Suzy Tomlinson alive. Her $15 million life-insurance policy named him as the beneficiary.
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Law firm says ex-Conseco director shorted it on feesRestricted Content

September 4, 2010
J.K. Wall
The last man to settle with with the Carmel insurer over unpaid debt now is now being sued for not paying his legal bill.
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Bid 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.
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Police reviewing death of Tomisue Hilbert's mother

May 25, 2010
Scott Olson
Information that could prove her death was not an accident has surfaced during civil proceedings involving a life insurance policy.
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Tomisue Hilbert investigates mother's death, $15M insurance policy

April 17, 2010
Peter Schnitzler
The wife of Indianapolis businessman Steve Hilbert is working with a team of attorneys to determine whether her deceased mother’s estate can claim the benefit of a life insurance policy issued by Houston-based American General Life Insurance Co.
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Hilbert in-law's insurance fraud trial set for October

April 12, 2010
Peter Schnitzler
As IBJ reported last year, Houston-based American General Life Insurance Company is attempting to invalidate a $15 million policy it issued in January 2006 insuring the life of Germaine “Suzy” Tomlinson—Conseco Inc. co-founder Stephen Hilbert’s mother-in-law—who died Sept. 28, 2008, at age 74.
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Asking price for Hilbert estate drops below $10M

December 7, 2009
Andrea Muirragui Davis
After more than four years on the market, the Carmel estate built for Conseco Inc. founder Stephen Hilbert is listed at $9.9 million—less than half of the original asking price and a third of the $30 million it was estimated to be worth in 2001.
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Hilbert in-law's life insurance dispute takes odd turn

July 13, 2009
Peter Schnitzler
Local businessman J.B. Carlson contends the $15 million life insurance policy he took out on Stephen Hilbert’s mother-in-law was legitimate, because she served on his firm’s board and was a key decision-maker. The mother-in-law, Germaine “Suzy” Tomlinson, died at age 74 last September—just 32 months after the policy was issued.
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Hilbert fears mother-in-law victim of foul play

January 26, 2009
Peter Schnitzler
Indianapolis businessman Steve Hilbert fears foul play in the recent death of his mother-in-law—a suspicion fueled by a new federal lawsuit alleging a woman by the same name was caught up in a $15-million life insurance fraud scheme. Though he acknowledges having no hard evidence, Hilbert said he has asked law enforcement authorities to reopen their investigation into the Sept. 28 death of Germaine "Suzy" Tomlinson, 69, mother of his wife, Tomisue.
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Hilbert taking on tanning nicheRestricted Content

September 24, 2007
Anthony Schoettle
Less than two years after New Sunshine LLC was bought by a group led by former Conseco Inc. CEO Stephen Hilbert, its Australian Gold division has acquired its top two competitors, amassing 80 percent of the indoor suntan lotion market.
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  1. Good ole' Obamacare. Thanks liberals and those who didn't bother to vote.

  2. Yes. Blame those who were too lazy to go vote Obama out and those who voted him in again. That's my take on it. I know folks won't get it on the left. OK. Start berating me now!

  3. Serioulsy, people are AGINST this project? Most communities would be salivating over a project like this. You'd rather have an empty eye-sore gas station and shacks posing as apartments? This project is exactly what BR needs. BUILD IT MR MAYOR. And yes, I am a BR resident, and have been for 20 years.

  4. As a St. Vincent employee of over 20 years, I am saddened and disheartened by this announcement. Unfortunately, as the healthcare "industry" continues on this political and corporate path, all that St. Vincent Hospital has stood for spiritually for its employees and this community is being sucked dry. I know it truly has no choice. It is not just Obamacare or just competition or just any single thing. This trend started long before I was even born when the government became involved in healthcare and it became an "industry." I grieve for those who will lose their jobs, one of whom may be me, but I also grieve for this hospital which I have served for over 20 years. May God give us and it the grace to withstand the future of healthcare.

  5. Why do people constantly harp on this issue and act ignorant about what a city population measures? A city's population is the city's population. There is no argument or debate about it. If you want to measure the density of a city--measure it. If you want to measure the size of a metropolitan area, then measure the metropolitan population. City boundaries cover different sized areas--and they always have (though the disparity has probably increased since about 1900 or so when more cities began annexing their surrounding communities). For example, San Francisco only covers 49 square miles while Houston cover nearly 600 square miles. No one argues about the population rankings of either city even though they clearly cover extremely different sized areas. Indianapolis is the 13 largest city by population in the U.S. That is a fact. While the population of a metropolitan area may give you a better sense of how large a community is, as noted, even metro areas can vary widely in the size of geographic area they cover--so that is not a perfect comparison either.

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