Lincoln Natl Corp Ind Stock Price, News & Analysis

Lincoln Financial (NYSE: LNC) highlights the growing need for long-term care planning as costs increase, with assisted living averaging over $51,000 annually. The company emphasizes the importance of having a care plan, with only 20% of Americans prepared. Their MoneyGuard Market Advantage^® Conversation Catalyst tool aids customers in understanding care options and financial aspects. Lincoln aims to evolve through customer-centric tools and investment in data and technology to enhance care planning support.

Lincoln Financial Group (NYSE: LNC) applauds Philadelphia and the Eagles for winning the bid to host several 2026 FIFA World Cup matches. Since 2003, Lincoln Financial has sponsored Lincoln Financial Field, home of the Eagles, and extended their naming rights to 2032. CEO Ellen G. Cooper expressed excitement about this partnership and the fan experience ahead. Lincoln is also committed to community initiatives, including the Eagles Autism Challenge, aimed at raising funds for autism research and care.

Ellen G. Cooper has officially become the president and CEO of Lincoln Financial Group (NYSE: LNC), marking her as the first woman and the tenth leader in the company's 117-year history. Cooper, who was previously CEO-elect since August 2021, brings over a decade of experience in various executive roles. She succeeds Dennis R. Glass, who now serves as chairman. Under her leadership, Lincoln aims to enhance financial security for over 16 million customers while leveraging a robust investment strategy overseeing $300 billion in assets.

Lincoln Financial Group (NYSE:LNC) announced a quarterly cash dividend of $0.45 per share, payable on August 1, 2022, to shareholders recorded as of July 11, 2022. With approximately $308 billion in end-of-period account values as of March 31, 2022, Lincoln Financial serves about 16 million customers, providing solutions for retirement, insurance, and wealth protection. The firm emphasizes its commitment to sustainability, diversity, and ethical practices, having been recognized in major sustainability indices.

Lincoln Financial Group (NYSE: LNC) has appointed Stephen Turer as the new senior vice president and head of the Annuity business, effective July 1, 2022. Turer succeeds Brian Kroll, who is retiring after 40 years in the industry, including 18 at Lincoln. Turer's extensive experience includes leadership roles in pricing and valuation for annuity products. As of March 31, 2022, Lincoln Financial reported $308 billion in account values, reflecting its strong market position in retirement and insurance solutions.

Lincoln Financial Group (NYSE: LNC) has expanded its partnership with the Envestnet Insurance Exchange by adding over 25 annuity products. This move aims to enhance financial professionals' ability to distribute these products efficiently. Since joining the Exchange in 2021, Lincoln has recognized its platform's growing importance. The partnership underscores Envestnet's commitment to providing advisors with essential tools for client financial wellness. Technological innovation remains central to Lincoln's strategy in the annuity market, fostering improved management and client engagement.

Lincoln Financial Group (NYSE: LNC) has launched the MoneyGuard Fixed Advantage^SM, a universal life insurance policy featuring a long-term care rider. This product aims to address concerns of 87% of Americans about long-term care. The plan includes a Benefit Transfer Rider that enhances death and care benefits by leveraging death claim proceeds from another policy. Additional features include extended Flexible Care Cash benefits available seven days a week, providing greater access to cash for care needs, reinforcing Lincoln's commitment to innovative long-term care solutions.