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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]
28 Oct 2003, 2:15 pm
AP reports that two former Conseco Inc. board members, Dennis E. [read post]
4 Aug 2006, 10:01 pm
Insurer Conseco Inc., has agreed to a $100.3 million class action settlement for a suit filed against it in 2004. [read post]
21 Jun 2008, 4:47 pm
Massey was a director of Conseco from 1994 to 2000. [read post]
10 Dec 2008, 9:22 am
This week the Pennsylvania Department of Insurance approved a crazy plan that allowed Conseco, Inc., a nationwide provider of long-term care insurance, to "separate" itself from that business by placing its remaining LTC policies (reported at between 140,000 and 160,000 total polices) into what many experts believe is an underfunded trust. [read post]
16 Jun 2008, 9:14 am
Last week, North Carolina Insurance Commissioner Jim Long issued a news release urging consumers holding long term care insurance policies issued by two subsidiaries of Conseco Inc. [read post]
9 May 2008, 6:23 am
Acting Insurance Commissioner Joel Ario today announced a 40-state settlement with Conseco Inc., which was necessary due to a pattern of consumer harm in the company's long-term care insurance business. [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]
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]
23 Jan 2008, 9:50 am
"Court rules against former Conseco director" is the headline of this story posted yesterday by the Indianapolis Business Journal:The Indiana Court of Appeals today upheld an $8 million judgment that Conseco Inc. won against former director James D. [read post]
13 Oct 2008, 1:00 pm
(Investment News article) Bensalem, Pennsylvania-based Conseco Senior is a subsidiary of Conseco Inc. of Carmel, Indiana and according to industry critics is a victim of its own underwriting, signing on more policyholders than it could afford, leading to the creation of the trust. [read post]
31 Oct 2011, 12:36 pm
Larger ones were those involving Lehman Brothers Holdings Inc., Conseco Inc., CIT Group Inc., and Washington Mutual Inc. [read post]
17 May 2008, 4:11 pm
JP Morgan Chase Bank and Litton Loan Servicing, a Jan . 22, 2008 COA where the Court upheld an $8 million judgment that Conseco Inc. won against former director James D. [read post]