HISTORY OF CONSECO COMPLAINTS AND WRONGDOINGS

Let's look at more about Conseco Insurance....
https://apps.tdi.state.tx.us/pcci/pcci_show_profile.jsp?tdiNum=12875
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Complaint Index: indicates how a company's ratio of the number of complaints to the number of policyholders compares to the average for all insurers. The index is calculated by dividing the company's percentage of complaints for a specific line of insurance by the company's percentage of the policies in force for the same line of insurance. The average index is 1.00. A number less than 1 indicates fewer complaints than average; a number greater than 1 indicates more complaints than average. For the most recent completed year, a given insurer's index may change over time, as policy count data is received by TDI. This will affect each insurer's percentage of the total.

Complaints against an insurance company are not part of the complaint tally above if the insurance company served only as a Third Party Administrator (TPA), a company hired simply to administer the paperwork of a health plan. Instead, they are included in the complaint record of the insurance company or HMO that hired the TPA. If a bonafide self-insured benefit plan hired the TPA, no complaint numbers are recorded as a part of the company/TPA's profile. Neither are profiles available for self-insured plans, as such plans are regulated under federal law.

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Company History:

Date	Event
01-28-2008	PENALTY OF $2,000 FOR VIOLATIONS FOUND DURING A COMPLAINT INVESTIGATION IN NEBRASKA.
01-08-2008	PENALTY OF $1,000 FOR VIOLATIONS FOUND DURING A COMPLAINT INVESTIGATION IN NEBRASKA.
04-21-2006	PENALTY OF $2,500,000 PAID BY COMPANY, CONSECO INSURANCE COMPANY, CONSECO LIFE INSURANCE COMPANY, CONSECO SENIOR HEALTH INSURANCE COMPANY, JEFFERSON NATIONAL LIFE INSURANCE COMPANY, AND CONSECO MEDICAL INSURANCE COMPANY FOR VIOLATIONS FOUND DURING A MARKET CONDUCT EXAMINATION IN MINNESOTA.
04-12-2005	PENALTY OF $58,469 FOR VIOLATIONS FOUND DURING A MARKET CONDUCT EXAMINATION IN MISSOURI.
02-11-2004	PENALTY OF $11,000 FOR FAILURE TO PROVIDE FOR MIDTERM CANCELLATION OF MEDICARE SUPPLEMENT POLICIES, FAILURE TO ISSUE PRO RATA REFUND OF PREMIUMS TO INSUREDS, AND FAILURE TO IMMEDIATELY REFUND PREMIUMS TO POLICYHOLDERS IN WISCONSIN.
01-20-2004	PENALTY OF $5,000 FOR FAILURE TO TIMELY FILE LOSS RESERVE CERTIFICATION IN MINNESOTA
04-29-2002	PENALTY OF $7,500 FOR ADVERTISING VIOLATIONS AND FAILURE TO TIMELY RESPOND TO INQUIRIES IN TEXAS.
03-25-2002	EFFECTIVE 7/1/2001, FRONTIER NATIONAL LIFE INSURANCE COMPANY (05230) CLEVELAND, OHIO MERGED INTO COMPANY
02-26-1999	CAPITOL AMERICAN LIFE INSURANCE COMPANY
02-26-1999	FORMERLY: CAPITOL AMERICAN LIFE INSURANCE COMPANY
01-28-1998	PENALTY OF $48,000 FOR VIOLATIONS FOUND DURING A MARKET CONDUCT EXAMINATION IN KENTUCKY.
10-04-1993	PENALTY OF $50,000 FOR VIOLATIONS REGARDING THE SALE OF INSURANCE POLICIES IN INDIANA.
10-29-1992	MOVED HOME OFFICE FROM SCOTTSDALE, ARIZONA TO PHOENIX, ARIZONA
07-10-1992	PENALTY OF $42,500 FOR VIOLATIONS FOUND DURING A MARKET CONDUCT EXAMINATION IN ARIZONA.
07-02-1992	PENALTY OF $50,000 FOR VIOLATIONS FOUND DURING A MARKET CONDUCT EXAMINATION IN NORTH DAKOTA.
12-05-1991	PENALTY OF $25,000 FOR VIOLATIONS OF THE INSURANCE LAWS IN INDIANA.
10-15-1991	PENALTY OF $9,300 FOR FAILURE TO REFUND MONEY TO POLICYHOLDERS WITHIN 10 DAYS IN MINNESOTA.

"http://www.lawyersandsettlements.com/case/long-term-care-insurance.html

On March 26, 2007 the New York Times reported that thousands of policy holders have been denied benefits. One example of an insurance company acting in bad faith is Conseco. It denied an 81 year old widow benefits, even though she had paid into a long term insurance policy since 1990. The company kept coming up with one excuse after another and in the end, her family had to pay about $70,000 to a long-term care facility. Conseco didn't pay anything