Welcome to our dedicated page for Cno Finl Group news (Ticker: CNO), a resource for investors and traders seeking the latest updates and insights on Cno Finl Group stock.
CNO Financial Group Inc. (NYSE: CNO) provides insurance and financial solutions for middle-income Americans through subsidiaries including Bankers Life and Colonial Penn. This news hub offers investors and stakeholders centralized access to official corporate announcements and market developments.
Track critical updates including quarterly earnings reports, product launches, leadership changes, and regulatory filings. Our curated collection enables informed decision-making by consolidating press releases about life/health insurance innovations, annuity product updates, and strategic partnerships.
Key content categories feature financial performance disclosures, dividend declarations, and industry recognition announcements. Users benefit from direct access to CNO's Medicare-related insurance developments, retirement product enhancements, and corporate responsibility initiatives.
Bookmark this page for ongoing updates about CNO's market position in the insurance sector, capital management strategies, and service expansions. Verify time-sensitive information through official SEC filings and corporate communications channels.
The CNO Financial Indianapolis Monumental Marathon, held on November 6, 2021, witnessed over 13,000 participants, marking a successful return to in-person racing after a virtual event in 2020. Record-breaking performances were achieved in the Men's Marathon and both Men's and Women's Half Marathon. Ian Carter and Christina Murphy emerged as champions, setting new course records. The event sold out for the ninth time, with participants from all 50 states and 11 countries. CNO Financial's title sponsorship continues to foster community health and wellness initiatives, showcasing its commitment to the Indianapolis community.
CNO Financial Group reported a net income of $99.8 million, or $0.77 per diluted share, for Q3 2021, a decrease from $129.2 million or $0.91 per share in Q3 2020. Net operating income also fell to $92.8 million. The company experienced a favorable impact of $18 million from COVID-19 on product margins, which was $15 million less than the previous year. Direct-to-consumer life insurance new annualized premiums rose 13% year-over-year. Shareholder returns totaled $131.3 million through repurchases and dividends. The book value per share increased by 15% to $42.11.
CNO Financial Group, Inc. (NYSE: CNO) will announce its third quarter 2021 results on October 27, 2021, after market close. A conference call is scheduled for October 28, 2021, at 11:00 a.m. ET, to discuss these results. Investors can participate by registering for the call or by attending a live webcast through the company's investor relations website. CNO serves middle-income Americans with life and health insurance products, managing over $35 billion in total assets and 3.2 million policies.
CNO Financial Group (NYSE: CNO) and Bankers Life have made a significant contribution of $424,000 to the Alzheimer's Association for 2021, marking their 19th year of support. This includes a corporate donation of $200,000 to aid in the fight against Alzheimer's disease and funding for local events in Chicago and Indianapolis. Additionally, the Forget Me Not Days fundraising effort raised $190,500. Over the years, CNO has contributed over $6.6 million to the Association, reaffirming its commitment to community health and well-being.
On September 28, 2021, DirectPath released the '2021 Consumer Report,' revealing that 55% of consumers are unaware they can compare health care costs before seeking treatment. The report, based on a survey of over 1,050 insured individuals, highlighted significant gaps in health care literacy: 31% reported receiving inaccurate medical bills, and 52% do not know how to dispute them. Despite the COVID-19 pandemic increasing attention to health care, many employees still rely on family or friends for information rather than employer resources. The report calls for improved benefits education and transparency.
CNO Financial Group and OneAmerica are partnering with The Actuarial Foundation to launch the Math Motivators program in Indianapolis schools. This initiative aims to enhance math skills among middle and high school students through tutoring resources. The program will specifically benefit students at George Washington High School, utilizing trained volunteers for weekly sessions. CNO and OneAmerica's multi-year sponsorship targets academic success by focusing on essential math concepts, including preparation for standardized tests. The program intends to narrow the educational gap exacerbated by the pandemic.
CNO Financial Group has announced a quarterly cash dividend of $0.13 per share, effective September 24, 2021. This dividend will be distributed to shareholders of record as of September 10, 2021. CNO focuses on providing life and health insurance, annuities, and financial services, serving the needs of middle-income America with over 3.2 million policies and $35 billion in total assets.
CNO Financial Group (NYSE: CNO) has been awarded the Great Place to Work-Certified™ designation for the second consecutive year. The certification reflects positive employee feedback regarding workplace culture, with 92% of staff feeling welcomed and 90% appreciating the company's community contributions. CEO Gary C. Bhojwani highlighted the importance of employee experience in achieving this certification, which recognizes CNO as one of the best employers in the U.S. In 2021, CNO also received various awards for its commitment to diversity and employee well-being.
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