CNO Financial Group Inc was incorporated in 1979. It is the holding company for a group of insurance companies operating throughout the United States. The Company develops markets and administers supplemental health insurance, annuity, individual life insurance and other insurance products. The Company's business segments are Bankers Life, Washington National and Colonial Penn. The Bankers Life segment markets and distributes Medicare supplement insurance, interest-sensitive life insurance, traditional life insurance, fixed annuities and long-term care insurance products to the middle-income senior market through a dedicated field force of career agents and sales managers supported by a network of community-based sales offices. It includes the business of Bankers Life and Casualty Company. It also markets and distributes Medicare Advantage plans. The Washington National markets and distributes supplemental health (including specified disease, accident and hospital indemnity insurance products) and life insurance to middle-income consumers at home and at the worksite. The Colonial Penn segment markets graded benefit and simplified issue life insurance directly to customers in the senior middle-income market through television advertising, direct mail, the internet and telemarketing. It includes the business of Colonial Penn Life Insurance Company. Other CNO Business consists of blocks of interest-sensitive life insurance, traditional life insurance, annuities, long-term care insurance and other supplemental health products. The main competitors for agent-sold long-term care insurance products include Genworth, Mutual of Omaha and Northwestern Mutual and for life insurance sold through direct marketing channels include Gerber Life, MetLife, Mutual of Omaha, New York Life and subsidiaries of Torchmark. The competitors for supplemental health products sold through Washington National segment include AFLAC, subsidiaries of Allstate, Colonial Life and Accident Company and subsidiaries of Torchmark. The Company's business is subject to regulation and supervision by the insurance regulatory agencies.