Conseco subsidiary reaches reinsurance agreement with Wilton Re
Conseco subsidiary reaches reinsurance agreement ITT Educational profit jumps as new students pour in, but bad-debt costs increase; shares fallCARMEL, Ind. — ITT Educational Services Inc. said on Thursday that a big jump in new students helped propel net income up 50 percent in the third quarter, but shares tumbled as its bad-debt expenses grew. Insurer Conseco says it will report second-quarter profitCARMEL, Ind. — Insurer Conseco said Tuesday that it expects to post a profit in the second quarter because of a much smaller investment loss. |