Lincoln National Corporation

Lincoln Financial Group Enhances Customer Experience for Its Employer Clients With New Onboarding Collaboration Tool

Retrieved on: 
Wednesday, August 16, 2023

Lincoln Financial Group (NYSE: LNC) continues to enhance the experience it provides to employer clients with a new digital implementation tool.

Key Points: 
  • Lincoln Financial Group (NYSE: LNC) continues to enhance the experience it provides to employer clients with a new digital implementation tool.
  • Staying on track and connected to your provider during the onboarding experience helps ensure employees have timely access to key workplace benefits.
  • “At Lincoln, we’re committed to delivering a dynamic group benefits program to our employer clients and their employees, and that starts with a seamless onboarding experience,” said Kerry Brooks, senior vice president, Group Benefits Account Management at Lincoln Financial Group.
  • The new implementation tool is just one way Lincoln is making benefits more beneficial for employers, employees and their families.

As U.S. Cash Balances Reach Record High1, Lincoln Financial Group Enhances Its Best-Selling Registered Indexed-Linked Annuity to Help Protect Against Market Volatility

Retrieved on: 
Tuesday, August 15, 2023

These enhancements come as 85% of U.S. adults say they’d like to invest their money in a solution that protects them from losses during times of market volatility,2 according to recent data by Lincoln Financial Group.

Key Points: 
  • These enhancements come as 85% of U.S. adults say they’d like to invest their money in a solution that protects them from losses during times of market volatility,2 according to recent data by Lincoln Financial Group.
  • “Protecting assets from inflation and market volatility has become a top priority for investors in recent years, but that has created significant increases in cash holding which can come at a big cost long term,” said Daniel Herr, senior vice president, Annuity Product Management at Lincoln Financial Group.
  • “These product enhancements give investors opportunities to stay invested while managing market volatility.
  • Both new strategies can help clients grow their account value when the market is up, flat or down allowing them to face uncertainty with more confidence.

Lincoln National Corporation's Board of Directors Declares Quarterly Cash Dividend

Retrieved on: 
Thursday, August 10, 2023

Lincoln Financial Group (NYSE:LNC) announced today that the board of directors of Lincoln National Corporation declared a quarterly cash dividend of $0.45 per share on the corporation’s common stock.

Key Points: 
  • Lincoln Financial Group (NYSE:LNC) announced today that the board of directors of Lincoln National Corporation declared a quarterly cash dividend of $0.45 per share on the corporation’s common stock.
  • The dividend on the common stock will be payable November 1, 2023 to shareholders of record at the close of business on October 10, 2023.

Kemper Appoints Christopher Flint as President of Kemper Life

Retrieved on: 
Tuesday, August 8, 2023

Kemper Corporation (NYSE: KMPR) announced that Christopher Flint has joined the company as President of Kemper Life, effective today.

Key Points: 
  • Kemper Corporation (NYSE: KMPR) announced that Christopher Flint has joined the company as President of Kemper Life, effective today.
  • Flint will report to Joseph P. Lacher, Jr., Kemper’s President, CEO and Chairman, and will be based at Kemper’s headquarters office in Chicago.
  • He received a BS from the University of Alabama at Birmingham and an MBA and MS from Creighton University.
  • He previously served on the FINRA Board of Governors and the LIMRA Life Insurance Advisory Board.

Lincoln Financial Group Reports Second Quarter 2023 Results

Retrieved on: 
Wednesday, August 2, 2023

Net outflows were $1.1 billion in the quarter compared to net outflows of $285 million in the prior-year quarter.

Key Points: 
  • Net outflows were $1.1 billion in the quarter compared to net outflows of $285 million in the prior-year quarter.
  • Group Protection reported income from operations of $109 million in the quarter compared to income from operations of $49 million in the prior-year quarter.
  • Group Protection sales for the quarter were $96 million, down 24% compared to the prior-year quarter.
  • Lincoln Financial Group will discuss the company’s second quarter results with investors in a conference call beginning at 10:00 a.m. Eastern Time on Thursday, August 3, 2023.

Lincoln National Corporation’s Board of Directors Declares Series C and Series D Preferred Stock Dividends

Retrieved on: 
Tuesday, August 1, 2023

Lincoln Financial Group (NYSE:LNC) announced today that the board of directors of Lincoln National Corporation has declared the following preferred stock dividends:

Key Points: 
  • Lincoln Financial Group (NYSE:LNC) announced today that the board of directors of Lincoln National Corporation has declared the following preferred stock dividends:
    Semi-annual dividend of $1,156.25 per share on the corporation’s 9.250% Fixed Rate Reset Non-Cumulative Preferred Stock, Series C, $25,000 liquidation preference per share, represented by depositary shares each representing a 1/25th interest in a share of the preferred stock, holders of which will receive $46.25 per depositary share.
  • Quarterly dividend of $562.50 per share on the corporation’s 9.000% Non-Cumulative Preferred Stock, Series D, $25,000 liquidation preference per share, represented by depositary shares each representing a 1/1,000th interest in a share of the preferred stock, holders of which will receive $0.5625 per depositary share (NYSE: LNC PRD).
  • The above dividends will be payable September 1, 2023 to holders of record on August 15, 2023.
  • The ex-dividend date will be August 14, 2023.

The Standard Promotes Jodi Hoover to Assistant Vice President of Policy Administration Transformation and Operations

Retrieved on: 
Monday, July 31, 2023

Standard Insurance Company (The Standard) announced today that Jodi Hoover has been promoted to assistant vice president of Policy Administration Transformation and Operations in Employee Benefits.

Key Points: 
  • Standard Insurance Company (The Standard) announced today that Jodi Hoover has been promoted to assistant vice president of Policy Administration Transformation and Operations in Employee Benefits.
  • View the full release here: https://www.businesswire.com/news/home/20230731719448/en/
    Jodi Hoover, assistant vice president of Policy Administration Transformation and Operations in Employee Benefits at The Standard.
  • (Photo: Business Wire)
    Hoover joined The Standard in 2022 as second vice president of Policyholder Services.
  • In her new role, Hoover will also be the team lead guiding the company’s transition to a new policy administration system.

Lincoln Financial Group Earns Eighth Consecutive 100% Score on Disability Equality Index

Retrieved on: 
Friday, July 28, 2023

Lincoln Financial Group (NYSE: LNC) today announced that for the eighth consecutive year, it has been named as a Best Place to Work for Disability Inclusion, earning a 100% score on the 2023 Disability Equality Index®.

Key Points: 
  • Lincoln Financial Group (NYSE: LNC) today announced that for the eighth consecutive year, it has been named as a Best Place to Work for Disability Inclusion, earning a 100% score on the 2023 Disability Equality Index®.
  • “Diversity, equity and inclusion is at the center of who we are and all we do – fostering an environment that embraces uniqueness, celebrates differences and honors authenticity,” said Allison Green Johnson, chief diversity officer at Lincoln Financial Group and president of the Lincoln Financial Foundation.
  • “We’re honored to be recognized on the Disability Equality Index for the eighth consecutive year, a reflection of our unwavering commitment to building an inclusive workplace, marketplace and community.”
    Lincoln’s commitment to diversity, equity and inclusion is supported by its seven Business Resource Groups (BRGs).
  • To view the full list of top-scoring companies on the Disability Equality Index, click here .

Amwins Announces New Hires Joining Stealth Partner Group and Amwins Group Benefits

Retrieved on: 
Tuesday, July 18, 2023

Brad Matthews and Todd Marcoux will be joining the sales team at Stealth Partner Group , the largest stop-loss wholesaler in the U.S., and Kathy Phillips will be joining the ancillary practice team for Amwins' Group Benefits division, a leading provider of employee benefits products and services.

Key Points: 
  • Brad Matthews and Todd Marcoux will be joining the sales team at Stealth Partner Group , the largest stop-loss wholesaler in the U.S., and Kathy Phillips will be joining the ancillary practice team for Amwins' Group Benefits division, a leading provider of employee benefits products and services.
  • Todd earned his MBA from the University of Massachusetts and began his insurance career in 1993, bringing 30 years of industry experience to Stealth Partner Group.
  • "We are delighted to bring Brad and Todd on board," said Harley Barnes, chief executive officer at Stealth Partner Group.
  • Kathy was a top-producing ancillary insurance wholesaler at Lincoln Financial Group, focusing on helping clients find solutions to their benefits challenges.

Securian Financial names Pete Berlute senior vice president of Affinity Solutions, hires Wen Nannen as chief investment officer and Mike Dominowski as head of sustainability

Retrieved on: 
Monday, July 17, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230717018665/en/
    Pete Berlute, Securian Financial senior vice president of Affinity Solutions (Photo: Business Wire)
    Pete Berlute now leads Securian Financial’s Affinity Solutions Division—a group of businesses that sell insurance and related products through financial institutions and member associations in the U.S. and Canada—as senior vice president.
  • Berlute previously held other senior leadership roles within the company, including being chief financial officer for Securian Financial’s Wealth Management Group.
  • Berlute was promoted to second vice president in 2012, vice president in 2017 and senior vice president in 2022.
  • “She is a talented investment professional and strong addition to our team.”
    Mike Dominowski has joined Securian Financial as its first head of sustainability, reporting to Renee Montz, Securian Financial senior vice president, general counsel and corporate secretary.