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.
CNO Financial Group reported a significant increase in net income for Q3 2020, reaching $129.2 million or $0.91 per diluted share, compared to $42.0 million or $0.27 per diluted share in Q3 2019. Net operating income also rose to $112.6 million, up 63% year-over-year. The company returned $66.8 million to shareholders through buybacks and dividends. Operating EPS increased 76% to $0.79. CNO's capital remains strong, with a book value of $36.32 per diluted share, up 22% from the previous year.
Fabric, a financial services innovator, has secured $18 million in Series B funding led by CNO Financial Group (NYSE: CNO). This brings its total funding to over $30 million. Fabric plans to enhance its offerings, including modern term life insurance and financial planning tools, aimed at helping families achieve financial security. With a projected 5x growth in term life insurance premiums for 2020, Fabric has expanded to serve tens of thousands of families and introduced new products like 529 college savings and rainy-day savings funds to support parents.
CNO Financial Group, Inc. (NYSE: CNO) will announce its third quarter 2020 earnings after market close on November 2, 2020. A conference call to discuss these results is scheduled for 11:00 a.m. ET on November 3, 2020. Investors can join the call by registering online to receive participation details and can also access a live webcast through the company's Investors section. A replay of the call will be available on the same website.
CNO Financial Group announced that its chairman, Dan Maurer, has been named to the NACD Directorship 100 list for 2020, recognizing him as one of the most influential leaders in corporate governance. Maurer has served on CNO's board since May 2015 and as chairman since May 2018. CEO Gary Bhojwani praised Maurer's leadership, especially during the challenges posed by COVID-19. The NACD Directorship 100 honors corporate directors and governance advocates who exemplify effective governance. Honorees will be featured in an upcoming issue of NACD Directorship magazine.
CNO Financial Group, Inc. (NYSE: CNO) has launched myHealthPolicy.com, an online health insurance marketplace aimed at helping Medicare beneficiaries explore and enroll in Medicare Advantage and Prescription Drug plans. The platform promises a seamless online enrollment experience complemented by personal assistance from over 2,000 licensed agents. In addition, CNO announced that Meredith Vieira will be the brand's spokesperson for a national campaign starting this month. The Medicare Annual Election Period runs from October 15 to December 7, 2020.
CNO Financial Group, Inc. (NYSE: CNO) has been officially certified as a Great Place to Work in its first year of participation. The recognition highlights CNO's commitment to associate engagement, diversity, and professional development. The certification process utilized feedback from over 3,000 employees collected via the Great Place to Work® Trust Index© survey. Additionally, CNO has received accolades such as being named a 2020 Forbes Best Employer for Diversity and a consistent recognition on the Training Magazine Top 125 list.
CNO Financial Group announced a total contribution of $332,000 to the Alzheimer's Association for care, education, and research programs. This includes a $200,000 corporate donation and $132,000 raised through Bankers Life's annual Forget Me Not Days fundraising campaign.
Since 2003, CNO and Bankers Life have contributed over $6.2 million to the Alzheimer’s cause. The company emphasizes its commitment to supporting community health and welfare, with over $2.3 million in philanthropic efforts reported in 2019 alone.
CNO Financial Group has extended its title sponsorship of the CNO Financial Indianapolis Monumental Marathon through 2022. This partnership, in place since 2016, has contributed to a 23% growth in participation, with last year's event becoming the largest yet, featuring 4,900 marathon finishers and over 16,000 total finishers. The marathon will be held virtually in 2020 due to the COVID-19 pandemic. CNO's commitment to health and wellness continues to strengthen community ties and support local initiatives.
CNO Financial Group has declared a quarterly cash dividend of $0.12 per share on common shares. This dividend will be payable on September 24, 2020, to shareholders who are recorded by the close of business on September 10, 2020. The announcement reflects the company's ongoing commitment to return value to shareholders.
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