Lincoln National Pulls Cash From Money-Losing Unit to Pay Debt – Bloomberg.com

Protective Life Corp. drops its plans to become a bank, citing uncertainty over bailout funds – al.com

Nationwide makes more job cuts – 480 out – Business First of Columbus:

Note IT took it on the chin.  Does anyone besides ME remember the predictions of an IT worker shortage just a few years ago???

Hartford, Protective Left Hanging as Treasury Stalls (Update1) – Bloomberg.com

The Hartford: Talks Said To End Between Sun Life And The Hartford — Courant.com

Fortis Reports $37 Billion Loss but Now Is Optimistic – NYTimes.com

How do you lose $37 billion and be optimistic???

AIG crisis could be the tip of an insurance iceberg – Los Angeles Times

Here is another view into AIG from the LA Times.  The quotes below are from the online article.

AIG’s loss of $18 billion in its life insurance and retirement businesses in the fourth quarter was about the same amount that the company lost in its financial services operation, which was trading in credit default swaps and other risky instruments.

When the life insurance industry ultimately stabilizes, the financial landscape will be different, along with the once-dominant AIG.

Stocks To Watch Today : Lincoln National May Lose Out On Government Relief