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Conseco Review

Conseco Ratings and Company Information

Company Rating:
Best Insurance Reports: B++
Url of page where rating was collected:
http://conseco.mediaroom.com/index.php?s=faqs

Best Rating: A.M. Best rating: B++ (good)

Type of Insurance Company: Stock

Name of Parent Company:

Insurance subsidiaries:
Bankers Life & Casualty Co.
Colonial Penn Life Insurance Co.
Washington National Insurance Co.

Company Overview:
Company History: Incorporated in 1979 as Security National of Indiana, the company has grown by acquiring insurance carriers.

Principle Sales Methods: Conseco Insurance: Independent agents
Bankers Life & Casualty: Career agents
Colonial Penn: TV, Internet, direct mail

Life Annuity Business: Conseco sells Term, Whole, Universal and Equity-Indexed life insurance plans, plus Fixed and Equity-Indexed annuities (through its Washington National Insurance Co. subsidiary.)

Auto Business: Conseco sells Auto insurance through its partner, Amica.

Homeowners Business: Conseco sells Homeowner and Renter insurance through its partner, Amica.

Health Business: Conseco sells Medicare Supplement, Cancer, Hospital Indemnity, Heart/Stroke and Accidental Injury coverages.

Company Financial Status:
Ticker Symbol: CNO (NYSE)
Assets & Premiums: 2006 Assets: $37.7 Billion
2006 Premiums: $4.3 Billion
S&P rating: BB+
Moody's rating: Baa3
Fitch rating: BBB

Lines of Insurance:
Auto, Health, Life, Homeowners

States licensed to sell insurance in:
AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY

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