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Conseco Settles With Insurance Regulators

Last updated on Thursday, May 8, 2008

(CARMEL) - Carmel-based Conseco has reached a settlement with state insurance regulators.

The settlement involves two Conseco subsidiaries, Conseco Senior Health Insurance and Bankers Life and Casualty.

The deal ends a multi-state market conduct examination led by Pennsylvania, Illinois, Indiana, Texas and Florida related to long-term care claims practices and procedures, complaint handling and sales and marketing practices.

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