Who founded Conseco?

Who founded Conseco?

Stephen C. Hilbert
Conseco was one of the fastest growing insurance holding company in the United States in the early 1990s. Stephen C. Hilbert founded the company and guided its meteoric rise. The 48-year-old Hilbert has an unusual background for a chairman of a major financial institution.

Who founded Conseco insurance?

Stephen C. Hilbert, the man who founded Conseco 21 years ago and built it into a highflying insurance industry giant through a series of acquisitions, was forced to resign yesterday.

Where is Steve Hilbert now?

Mr. Hilbert is currently the Chairman, CEO, and President of SILAC, Inc. SILAC, Inc., an insurance holding company he formed in 2015. SILAC™ is focused on the Life Insurance industry and marketing Life, Annuity and Supplemental Health products in all states except New York.

Who bought out Conseco insurance?

Wilton Re Completes Acquisition of Conseco Life Insurance Company from CNO Financial. (Wilton, Connecticut) – Today, Wilton Re completed the acquisition of Conseco Life Insurance Company (“CLIC”) from CNO Financial Group (“CNO”).

What is Conseco called now?

But what does the company do? Gainbridge is the latest name to grace the home of the Indiana Pacers and Fever. First known as Conseco Fieldhouse, and more recently as Bankers Life, Indianapolis-headquartered company Gainbridge took naming rights of the basketball, concert and event venue, officials announced Monday.

What happened Conseco Finance?

After four years of heavy losses and deep debt, Conseco, Inc. filed chapter 11 bankruptcy Tuesday night, and its finance unit has entered an agreement to sell its assets, according to federal court documents.

Is Stephen Hilbert married?

Hilbert divorced his wife of 16 years and married Tomisue Tomlinson.

Is Steve Hilbert married?

Tomisue Hilbert, wife of former Conseco CEO Stephen Hilbert, is accusing Menards owner John Menard of trying to “extort” sex from her, according to a lawsuit filed in Hamilton County.

Who owns Colonial Penn insurance company?

CNO Financial Group
Conseco Life Insurance Company of Texas
Colonial Penn/Parent organizations
Philadelphia, Pennsylvania, U.S. The Colonial Penn Life Insurance Company (often known as simply Colonial Penn) is an American life insurance company based in Philadelphia, Pennsylvania, founded by philanthropist and AARP co-founder Leonard Davis, owned by CNO Financial Group.

Who owns Colonial Penn insurance Company?

How old is Steve Hilbert?

Hilbert, now 54, built Conseco, based in Carmel, Ind., from a tiny company to a member of the Fortune 500 through acquisitions.

Who owns Wilco life insurance?

CNO Financial Group
Wilco Life Insurance Company was founded in 1962 and is owned by CNO Financial Group.

Where is Conseco headquarters located?

It quickly moved Lincoln’s headquarters from Memphis to Conseco’s burgeoning offices in Carmel, Indiana. Hilbert, now with a few successful acquisitions under his belt, took Conseco public in 1985 in an effort to boost its investment capital. By the end of the year the company’s asset base had increased to $102 million.

Who is Conseco financial?

In 1998, Conseco purchased the former Greentree Financial, one of the largest financiers of mobile homes, in an attempt to diversify into consumer financial services.

When did Conseco buy Bankers National Life?

Satisfied with its recipe for acquiring and improving insurance companies, Conseco stepped up its acquisition efforts in 1986. It purchased Bankers National Life Insurance Company for $118 million, respectively.

When did Conseco acquire green tree financial?

1998: Conseco acquires Green Tree Financial Corporation and expands into the financial services sector. Conseco, Inc. provides insurance, investment, and lending services to more than 12 million customers.