Philadelphia-based Lincoln National Corp. plans to buy back $950 million worth of preferred stock to pay back the U.S. Treasury for money it received from the government last year.

A Chantilly, Va.-based insurance company has developed a new approach to clinical trial and products liability protection that has led to up to a 30% reduction in some premiums.

Twenty-six public entities in Ohio, including several public schools and colleges, will benefit from $9 million American International Group plans to pay to settle a lawsuit claiming violations of the state’s antitrust laws.

The Harford Financial Services Group has tapped a former executive with American Life Insurance Co. as its new chief financial officer.

A federal court in Connecticut has approved a partial settlement in a class-action civil suit involving the handling of 401(k) plans by Hartford Life Insurance Co.

Just when you thought that federal bailout funds meant that only those firms that accepted TARP funds would be subject to fiscal confiscation, think again.

Large insurers that own banks and …  Read →

Life insurers could be poised for a rebound this year, leading a key financial services investment bank to suggest a model financial portfolio should be “over weight” with life insurance stocks.

The number of group disability insurance claims filed are at their lowest in November and December, ahead of a New Year’s wave of new claims, according to an analysis by a U.S. seller of group disability insurance.

The Hartford Financial Services Group has decided to mark its 200-year milestone by giving its public image a new twist.

Hartford Financial Services Group will return $48.2 million in excess profits it earned on its workers’ compensation policies over a three-year period in a deal with Florida regulators.

Kevin McCarty

Florida …  Read →