Exhibit 99.1

NEWS

For Release          Immediate


Contacts             (News Media) Jim Rosensteele, SVP, Corporate Communications
                         317.817.4418
                     (Investors) Tammy Hill, SVP, Investor Relations
                         317.817.2893


        Ingham joins Conseco as Executive Vice President, Human Resources

Carmel, Ind., July 15, 2004 - Conseco, Inc. (NYSE:CNO) today announced that
Dewey Ingham has been named the company's executive vice president of human
resources, a new position reporting to Conseco's President and CEO Bill Shea.

"Dewey is a high-energy, goal-driven problem solver who has excellent
communication, analytic and creative skills," Shea said. "We are pleased to
welcome him to Conseco's executive team. I feel he will make a key contribution
to our program to build our businesses into steady long-term performers by
executing a companywide strategy to attract, reward and retain the best people
in the industry."

"Conseco has accomplished much since its emergence from Chapter 11," Ingham
said. "I'm very excited to become one of the Conseco associates who will face
the challenges that lie ahead, and in particular to help HR support all Conseco
associates as they tackle the company's aggressive goals."

Ingham is the former senior vice president of human resources for the investment
management businesses of ING Americas, where he lead the effort to combine four
distinct businesses into one integrated company, including organization
structure, HR policies, management development and benefit and compensation
platforms. He joined ING following that firm's acquisition of Reliastar
Financial, where he had headed the human resources function. Among his other
achievements at Reliastar, he built a management development program for the
company's 100 top executives, streamlined the HR systems infrastructure and led
the company's succession planning effort.

Before Reliastar, he was employed by R.R. Donnelley & Sons Company - the last
nine years as corporate vice president, compensation and benefits, with
responsibility for all domestic and international compensation and benefit
activities.

Ingham holds Bachelor of Science and Master of Science degrees from The
Pennsylvania State University. A Certified Management Accountant, he is a member
of the Society for Human Resource Management and the Institute for International
Human Resources.

Conseco, Inc.'s insurance companies help protect working American families and
seniors from financial adversity: Medicare supplement, long-term care, cancer,
heart/stroke and accident policies protect people against major unplanned
expenses; annuities and life insurance products help people plan for their
financial futures.

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