Exhibit 99.1
NEWS

For Release     Immediate


Contacts        (News Media) Tony Zehnder, EVP, Corporate Communications
                312.396.7086
                (Investors) Lowell Short, SVP, Investor Relations
                317.817.2893


     R. Glenn Hilliard Will Return to Non-Executive Chairman Role at Conseco

Carmel, Ind., September 8, 2005 - Conseco, Inc. (NYSE: CNO) announced today that
R. Glenn Hilliard will return to the role of Non-Executive Chairman of the Board
of Directors, effective September 10, 2005, as anticipated when Mr. Hilliard was
elected as Executive Chairman in August of 2004.

Mr. Hilliard said, "Last September the board requested that I serve for one year
as executive chairman in order to be actively available to Bill Kirsch as he
stepped into his new role as CEO of Conseco. During this year Conseco has made
tremendous progress; achieving continued improvements in profitability, earning
upgrades to positive outlook from A.M. Best, Moody's and Standard & Poor's,
accelerating our expense reductions, strengthening our balance sheet and capital
position, acquiring and retaining key industry talent, progressing on our
Board's commitment to best practices corporate governance, and laying the
foundation for Conseco's further growth. In leading these and other initiatives,
Bill Kirsch has shown his talent, leadership skills, energy, and drive for
success. I have enjoyed working directly with Bill during these last 12 months
and I look forward to working with Bill and his leadership team as I return to
my role as non-executive chairman."

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. For more information, visit Conseco's web site at
www.conseco.com.

                                   - # # # # -