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Conseco/CNO Financial

Bid deadline looms for former Hilbert mansion

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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Renamed Conseco OK with less-flashy future

CNO 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.
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Conseco profit edges analyst expectations

The 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.
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