| Conseco announced a new agreement under which its Bankers Life and Casualty Company subsidiary will coinsure, with an effective date of October 1, 2009, about 237,000 life insurance policies with Wilton Reassurance Company. Wilton Re will pay a ceding commission of approximately $45 million and 50% coinsure these policies, which will continue to be administered by Bankers Life. :theflyonthewall.com |