Articles

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Steve Hilbert seeks comeback in insurance

The controversial co-founder and former CEO of life insurance giant Conseco Inc. (now CNO Financial Group Inc.) spearheaded the purchase of a small life insurance company operated out of Texas and plans to gradually build up its operations here.

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Menard: Toss Hilberts’ attorneys for wrongdoing

Lawyers for Indianapolis power couple Steve and Tomisue Hilbert are slinging “ludicrous allegations” of witness tampering just to cover up their own wrongdoing, according to the latest broadside from the attorneys representing John Menard, the Hilberts’ former business partner.

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Menard accused of witness tampering

New court documents accuse attorneys for hardware store titan John Menard Jr. of offering to pay a $200,000 legal settlement to a former executive at a Menard-controlled company if he provided helpful testimony in their cases against Steve and Tomisue Hilbert and their friend Lisa Trudeau

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Hilbert-Menard legal brawl showing no sign of let-up

A year and a half after John Menard ousted Steve and Tomisue Hilbert as the managers of the private equity firm they all started, attorneys for the two sides continue to fight bitterly for every tactical advantage in a dozen lawsuits between them.

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Menard fires back in court fight with Hilberts

Menard has countersued Tomisue Hilbert for “abuse of process,” saying she filed her lawsuit only after companies controlled by Menard removed the Hilberts as managers of a private equity firm and sued to recover millions of dollars in fees paid to the Hilberts.

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Feud with Hilberts stinging Menard on many levels

Throwing the sexual-extortion allegations into the public domain must be a nightmare for Menard, who for decades has doggedly avoided scrutiny of his personal life—even as he built his chain into the nation’s No. 3 home improvement retailer and built his net worth to an estimated $7 billion.

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Suit: Menard pressured Tomisue Hilbert for sexual favors

The lawsuit charges Tomisue Hilbert’s rejection of the billionaire is the real reason he launched a bitter battle to remove her husband, Steve Hilbert, as CEO of the Indianapolis-based private-equity funds the three of them started in 2005.

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Menard ousts Hilbert from investment firm

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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Lucases put imprint to Hilbert mansion

Forrest and Charlotte Lucas kept original touches including a painting with original owner Steve Hilbert holding a spear, but otherwise aimed to make the mansion more casual. (with 360-degree photos)

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Decatur Vein Clinic branches out

In 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.

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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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Hilbert in-law’s insurance fraud trial set for October

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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