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18 Mar 2009, 4:19 pm
The study shows that the public generally has faith in insurance companies despite the negative financial press concerning AIG, Hartford, Conseco and others. [read post]
13 Mar 2009, 8:56 am
  The report lists tactics admitted by long-term care insurer Conseco and its subsidiaries that included:  mailing the wrong forms to claimants and then denying their claims due to having the incorrect paperwork, declaring claims abandoned by policyholders if certain paperwork was not submitted within 21 days, and requiring documents that were not even required under the insurance policies before payment would be issued. [read post]
6 Mar 2009, 1:04 am
Indiana-based insurer Conseco recently said (here) its auditors have doubts about its ability to continue as a going concern. [read post]
2 Mar 2009, 10:37 am
Shares of Conseco dropped more than 50 percent on Monday after the insurance company said it needed to provide its auditors with more information about "the company's ability to continue as a going concern. [read post]
10 Dec 2008, 9:22 am
And what are the implications for both Conseco policyholders and those insured by other LTC carriers? [read post]
3 Dec 2008, 7:16 pm
In an article entitled "Insurer Casts Off Long Term Care Policies" in today's Wall Street Journal, it was reported that Conseco, Inc. has transferred many of its long term care policies into a state supervised independent trust. [read post]
20 Nov 2008, 2:40 pm
Investment News reports today that Conseco Inc., "despite vehement objections from state regulators" has completed the transfer of its remaining long-care insurance policies into an independent trust after the Pennsylvania Department of Insurance approved the carrier's reprehensible plan to disavow its responsibility to provide coverage for its policyholders when they need it. [read post]
17 Nov 2008, 5:51 pm
A former Conseco agent was quoted as saying "[The insurance company] made it so hard to make a claim that people either died or gave up" Confusing Consumers Many insurance companies use extremely difficult industry relevant language that even attorneys struggle with. [read post]
13 Nov 2008, 12:22 pm
Related to the above is my own post from March 26, 2007: Conseco Insurance Scandal Follows Movie Plot;[Updated] TortsProf has the Personal Injury Law Round-Up ;And Blawg Review #185 is up at the IP Think Tank.Image: flickr / angel with horns [read post]
19 Oct 2008, 10:49 pm
And insurers need to take note: The Conseco dilemma is a case study in how not to run your business. [read post]
17 Oct 2008, 1:00 pm
Recently, benefits for some 164,000 long term care policyholders at Conseco Senior Health Insurance Company may be in danger as they are moved to an independent trust. [read post]
22 Sep 2008, 1:25 am
  Similarly, Japanese insurers have disclosed a combined $2.4 billion of potential losses from Lehman’s collapse (refer here). [read post]
9 Sep 2008, 7:51 pm
Conseco (SD Ind., Judge McKinney), a 16-page opinion, Judge Manion writes:RLI Insurance Company ("RLI") filed a declaratory judgment action seeking a determination of its obligation, if any, to defend Conseco, Inc., and various individual defendants (collectively "Conseco") under a liability insurance policy RLI issued to Conseco. [read post]
5 Sep 2008, 2:51 pm
The ranking of the 10 worst insurance companies by the AAOJ is as follows: 1) Allstate, 2) Unum, 3) AIG, 4) State Farm, 5) Conseco, 6) WellPoint, 7) Farmers, 8) United Health, 9) Torchmark, and 10) Liberty Mutual. [read post]