Philadelphia-based Lincoln Financial Group said its Lincoln Small Business area has increased its group group size to 2-14 lives.

Consumers must adopt a “retirement mindset,” where they understand the long-term care funding options available to them long before the need exists, according to an industry expert.

Humana and Lincoln Financial Group have inked a new distribution partnership, enabling 2,000 Humana agents to offer Lincoln’s fixed annuities and MoneyGuard long-term care insurance products.

Bedminster, N.J.-based GettingHired will be implementing its new FastTrackRTW Long Term Disability product at Lincoln Financial Group. Terms of the deal were not disclosed.

Lincoln Financial Group said it received commitments for a $2 billion bank credit facility, which it intends to use to provide letters of credit in support of some of its life insurance reserves.

Lincoln Financial Group recently launched Lincoln VULONE (2010), a hybrid product combining the no-lapse benefits of a universal life policy with the growth potential and protection of a variable policy with guarantees, the company said.

Henry S. Miller, the chairman, managing director and co-founder of New York-based Miller Buckfire & Co., was recently elected to the board of directors for American International Group.

Lincoln Financial Network, the marketing name for the retail sales and financial planning affiliates of Philadelphia, Pa.-based Lincoln Financial Group, opened Coastal Financial Partners Group, a new insurance and financial services agency based in California.

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.

Lincoln Financial Group has announced that it has completed the sale of asset management subsidiary Delaware Investments to an Australian company for $451.8 million.