Ritter Insurance Marketing, Craig Ritter

Conseco Responds to “Going Concern” issues Raised by Auditor

I’m optimistic that Conseco will get an Unqualified Opinion in two weeks.  Here are some facts presented by Steve Stecher, President of Conseco Insurance Group.  march-3-communciation-regarding-press-release_cig-sales Conseco’s issues are at a holding company level.  The underlying insurance companies remain well-capitalized.  This question should be answered by March 17th!

4 Mar 09
Posted By:

Wellcare Files 10-Q for Q1, Q2 and Q3 of 2008; Full Year End Results are Delayed

Wellcare filed it’s unaudited financial statements for the first 9 months of 2008 and is delaying the issuance of the full year 2008 results. Aside from it’s regulatory issues with CMS and the Florida Department of Insurance, it appears that May 13th, 2009 will be a key date for the company from a liquidity standpoint. …

4 Mar 09
Posted By:

President Obama Nominates Gov. Kathleen Sebelius as Secretary of Health and Human Services

There are a large number of articles on this, however, I think the New York Times/AP story gives a brief account of Gov. Sebelius’ political career as Insurance Commissioner and then Governor of Kansas and some of her key decisions. The Department of Health and Human Services (HHS) oversees the Center for Medicare and Medicaid Services…

4 Mar 09
Posted By:

© Ritter Insurance Marketing