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 foundation supporting Oklahoma State University’s athletic department has sued a life insurance company, alleging the foundation was a victim of “deceptive and fraudulent conduct and practices” regarding its “Gift of a Lifetime” insurance program.

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 →

The Insurance Solutions/Group Protection division of Lincoln National Corp. launched new online tools to enhancement its group Life and Disability insurance products.