CNO Financial Group, Inc., formerly Conseco, Inc. (Consolidated National Security Corporation), is an American financial services holding company based in Carmel, Indiana.[4] Its insurance subsidiaries provide life insurance, annuity and supplemental health insurance products to more than four million customers in the United States. These products are distributed through independent agents, career agents and direct to customers through television advertising and direct mail.
CNO Financial Group is the parent company of seven insurance companies, including Bankers Life and Casualty Company and Colonial Penn Life Insurance Company.[5] They also own 40/86 Advisors, an investment management company and Washington National Insurance Company.
History
CNO Financial was incorporated in 1979 as Security National of Indiana Corp. by Stephen Hilbert.[6] SNI bought Consolidated National Life Insurance Co. in 1983. It began insurance operations in 1982 and became a public company in 1985.