Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: Conseco Finance Servicing Corp.
Current Parent Company: CNO Financial
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Recap of Ownership Changes:  subscribe to see this data field
Penalty: $7,275,000
Year: 2002
Date: February 22, 2002
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: Conseco paid the state $75,000 and agreed to provide an estimated $7.2 million in interest rate reductions to customers as part of a settlement of allegations that it charged excessive interest rates and engaged in harassment.
Level of Government: state
Action Type: agency action
Agency: Kansas Office of the State Bank Commissioner
Civil or Criminal Case: civil
Facility State: Kansas
HQ Country of Current Parent: USA
HQ State of Current Parent: Indiana
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: insurance
Source of Data: CONSECO CLIENTS TO GET $7.2 MILLION, Wichita Eagle, February 22, 2002 (via Nexis).
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.