- 110
Does anybody have any news on Conseco aside from this?
Conseco To Give More Info To Auditors - Companies/Financial - Life and Health Insurance News
Conseco To Give More Info To Auditors - Companies/Financial - Life and Health Insurance News
News on Conseco?
- Thread starter joeblow
- Start date
Well....there's another company in trouble.....maybe they can join Shenandoah Life.....
Last edited:
Nah...their not big enough. Could be another company sinking to the Indiana dept. of insurance. Maybe OneAmerica can buy them...same state.
- - - - - - - - - - - - - - - - - -
****........
""""Hamilton County - On the same day that stocks had their worst start to March ever, ending at 12-year lows amid another bailout of insurance giant AIG, Carmel-based insurer Conseco reported a $406 million fourth-quarter loss compared to a $71 million loss a year ago. On top of that, the battered company's auditors raised concerns about Conseco's ability to even stay in business.""""
~Four-hundred six million~
From....WTHR | Indianapolis -Conseco shares fall after 4th quarter loss
Looks like I need to find a new cancer policy now
Last edited:
Conseco has a "B" rating...their " Downgraded Under Review"....and has a negative outlook...Best's Rating Center - Company Information for Conseco Health Insurance Company
This is similar to what Shenandoah had before they fell to an "E" rating....A.M. Best Places Ratings of Shenandoah Life Insurance Company Under Review With Developing Implications. | North America > United States from AllBusiness.com
Looks like a buyer is needed or bye-bye Conseco and bye-bye cash-back cancer plan I have.
This is similar to what Shenandoah had before they fell to an "E" rating....A.M. Best Places Ratings of Shenandoah Life Insurance Company Under Review With Developing Implications. | North America > United States from AllBusiness.com
Looks like a buyer is needed or bye-bye Conseco and bye-bye cash-back cancer plan I have.
Last edited:
- 429
How many times has Conseco gone belly up? Why would anyone try to sell something from the company?
Conseco is a dog-turd company... with a list of whore-dog CEO's, that have been forced to resign one after another.
The had filed for Ch 11 back in 2002...
They have F'd up about everything that they put their paws on... including mobile home financing, and that is something you can't hardly miss at... but they did.
The had filed for Ch 11 back in 2002...
They have F'd up about everything that they put their paws on... including mobile home financing, and that is something you can't hardly miss at... but they did.
It was not long ago that the stock was 3 cent a share on this company. I remember when am best gave them a very low rating.
Most season agents remembers the history of this company and how they went and bought up all the smaller companies and trashed them. I remember how they went through a ton of money buying stupid things.
There is a very long boring story about them.
To save you some time, you could not pay me all the money in the world to work with Conseco Life. There is no company that I think is worse then Conseco Life.
All I have to say is " Burn Baby Burn"
Most season agents remembers the history of this company and how they went and bought up all the smaller companies and trashed them. I remember how they went through a ton of money buying stupid things.
There is a very long boring story about them.
To save you some time, you could not pay me all the money in the world to work with Conseco Life. There is no company that I think is worse then Conseco Life.
All I have to say is " Burn Baby Burn"
I have quite a few Conseco Senior Health(formerly American Travellers), life policies with Conseco + some LTC policies that might as well be thrown in the garbage from what I'm reading. Have written their cancer plan for a few years. Looks like it could be over for them. At the rate I'm going it could be over for me before long......
Shenandoah Life.....gone.
Conseco.................going, going.....gone?
Who's next?
Last edited:
