Insurance Stocks Surge On Expected TARP Approval (HIG, LNC, PFG)
Life insurance stocks are surging this morning on reports the Treasury Department will approve bailout funds for the embattled industry.
- Hartford Financial (NYSE: HIG) +26%
- Lincoln National Corp (NYSE: LNC) +28%
- Principal Financial Group (NYSE: PFG) +15%
- MetLife Inc (NYSE: MET) +8%
- Genworth Financial (NYSE: GNW)
- Prudential Financial (NYSE: PRU)
- SPDR KBW Insurance (NYSE: KIE)
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