INSURANCE COMPANY NEWS:

Lincoln National CEO: Co Has Sufficient Access To Capital (CNNMoney.com)

Prudential Financial won't take government money (MarketWatch)

A.M. Best Revises Outlook to Negative for Prudential Financial and Its Subsidiaries (A.M. Best) - A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating (FSR) of A+ (Superior) and issuer credit ratings (ICR) of “aa-” of Prudential Financial

MetLife CEO says insurers need voice in Washington (Reuters) - MetLife Inc Chief Executive Robert Henrikson on Friday said the economic crisis has made it imperative that the life insurance industry be given a voice in Washington.

Hartford Is 'Finalizing Details' of TARP Investment (Bloomberg)

At The Hartford, 200 Layoffs In '09, And More To Come (Hartford Courant)

Three carriers 'impaired' in '09, more to follow, says A.M. Best (Investment News) - Through April, the rating service noted 64 insurer downgrades

PEOPLE IN THE NEWS:

Sternberg To Pass The Torch (National Underwriter) - Theodore Mathas, 42, will become chairman of New York Life Insurance Company.

Nybo Named President of Transamerica Retirement Services (Planadviser.com) - Transamerica Retirement Services announced the promotion of Stig Nybo to president of Transamerica Retirement Services.

Manulife Financial Names Scott Hartz Executive Vice President of Investment Division (PR Newswire)