As of May 2015, Bankers Life and Casualty Company is a subsidiary of CNO Financial Group, according to the CNO Financial Group website. Bankers Life has more than 200 offices throughout the United States, and the company employs over 5,000 insurance agents.
CNO Financial Group began operating in 1979 and is a publicly traded company on the New York Stock Exchange, listed under the symbol CNO. Its headquarters are in Carmel, Indiana.
In addition to being the parent company of Bankers Life, CNO is also the parent company of Colonial Penn Life Insurance Company, Washington National Insurance Company and 40|86 Advisors, Inc.