Cno Finl Group Inc - CNO STOCK NEWS

CNO Financial Group, Inc. (NYSE: CNO) has appointed Jess Turner to its board of directors, effective immediately. Turner, currently serving as Executive Vice President and Global Head of Open Banking and API at Mastercard (NYSE: MA), brings significant fintech, financial services, and management experience to the board. Her appointment increases the CNO board size to nine directors.

Turner's expertise in tech-enabled customer experiences, digital product development, and technology security is expected to contribute to CNO's strategic growth priorities. At Mastercard, she leads the development of new products and technologies for open banking, driving innovation with key partners across the ecosystem. Her previous roles at Mastercard included leading strategy for blockchain, digital assets, crypto, and open banking products.

Washington National Insurance Company has introduced an enhanced Hospital Indemnity Insurance product for worksite and consumer customers. The new plan pays benefits for hospital stays due to covered accidents or sicknesses, including mental illness. Key features include:

1. Cash benefits for inpatient and outpatient care
2. Optional riders for customized coverage
3. Flexibility in benefit usage
4. Portability across jobs and into retirement
5. Consistent premiums
6. Guaranteed renewability

This product aims to provide financial protection against unexpected hospital stays, addressing the concern that nearly half of U.S. adults would struggle to pay a $500 medical bill without incurring debt.

CNO Financial Group (NYSE: CNO) has announced that its CEO, Gary C. Bhojwani, will be presenting at the 2024 KBW Insurance Conference. The event is scheduled for Thursday, September 5, at 9:50 a.m. EST, and will take place at the St. Regis New York.

Investors and interested parties can access a live video webcast of the presentation through CNO Financial Group's investor relations page. The webcast link provided is https://wsw.com/webcast/kbw109/cno/1588928.

This presentation offers an opportunity for stakeholders to gain insights into CNO Financial Group's strategies and outlook directly from its chief executive. The KBW Insurance Conference is a significant industry event, bringing together key players in the insurance sector.

CNO Financial Group (NYSE: CNO) has announced a quarterly cash dividend of $0.16 per share on its common shares. The dividend will be payable on September 24, 2024, to shareholders of record at the close of business on September 10, 2024. This announcement demonstrates CNO's commitment to returning value to its shareholders through regular dividend payments. The declaration of a dividend is often seen as a sign of financial stability and confidence in the company's future prospects.

CNO Financial Group reported strong Q2 2024 results, with net income up 66% to $116.3 million ($1.06 per diluted share) and operating earnings up 94% to $114.6 million ($1.05 per diluted share). Key highlights include:

- Total new annualized premiums up 4%, with Worksite Division up 18%
- Medicare Supplement NAP up 16%; Medicare Advantage policies sold up 78%
- Annuity collected premiums up 9%; Policyholder assets up 9%
- Book value per share up 30% to $22.80
- Return on equity of 19.9%; operating ROE of 11.2%
- $77.2 million returned to shareholders

CNO's CEO Gary C. Bhojwani noted strong performance across the board, with continued sales momentum, growing agent force, and strong underwriting margins. The company is raising full-year guidance on earnings and cash flow.

CNO Financial Group (NYSE: CNO) has announced it will release its second quarter 2024 results on Monday, July 29, 2024, after market close. The company will host a conference call to discuss the results on Tuesday, July 30, 2024, at 11:00 a.m. Eastern Time. Investors can participate via dial-in by registering in advance or through a live webcast available on the company's investor relations website. A replay of the call will also be accessible on the website for those unable to attend the live event. This announcement provides shareholders and analysts with the opportunity to review CNO's financial performance and engage with management about the company's quarterly results.

CNO Financial Group has extended its title sponsorship of the Indianapolis Monumental Marathon through 2026. This marathon, one of the top 15 largest in the U.S., attracts Olympians, Boston Marathon qualifiers, and runners from nationwide and international locations. The announcement highlights CNO's commitment to community health and well-being in central Indiana. The marathon, organized by the non-profit Beyond Monumental, celebrates its 10th anniversary of CNO's sponsorship in 2025. The 2023 event saw nearly 15,000 participants from all 50 states and over 25 countries. Registration for the 2024 marathon is open and expected to sell out for the 12th consecutive time.

CNO Financial Group, Inc. announced the outcomes of its 2024 Annual Shareholder Meeting where eight directors were elected, executive compensation was approved, and other key decisions were made.

CNO Financial Group, Inc. (NYSE: CNO) announced a $0.01 per share increase in its quarterly dividend, marking the twelfth consecutive annual increase. The Board declared a quarterly cash dividend of $0.16 per share, payable on June 24, 2024, to shareholders of record on June 10, 2024.