the insurance and asset management company . for investment banking firm see lincoln international . lincoln national corporation type public traded as nyse lnc s & p 500 component industry insurance asset management founded 1905 headquarters radnor pennsylvania united states key people dennis r. glass president & ceo total assets 255.2 billion 2015 1 total equity 15.7 billion 2014 website lincoln financial group lincoln national corporation is a fortune 250 american holding company which operates multiple insurance and investment management businesses through subsidiary companies . lincoln financial group is the marketing name for lnc and its subsidiary companies . lnc was organized under the laws of the state of indiana in 1968 and maintains its principal executive offices in radnor pennsylvania . 3 the company traces its roots to its earliest predecessor founded in 1905 . in addition lnc is the naming rights sponsor of lincoln financial field in philadelphia home field of the philadelphia eagles of the national football league . contents 1 operations 2 history 2.1 founding and early history 2.2 1990 2007 2.3 jefferson pilot acquisition 2.4 recent activity 3 insurance patent 4 affiliations 5 see also 6 references 7 external links operations edit lnc divides operations into four business segments 1 annuities 2 life insurance 3 retirement plan services 4 group protection . the principal lincoln subsidiaries are lincoln financial advisors and sagemark consulting lincoln financial distributors lincoln national life insurance company lincoln life & annuity company of new york first penn pacific life insurance company at june 30 2013 lnc had consolidated assets of 223 billion and consolidated shareholders equity of 13.3 billion . history edit this section needs additional citations for verification . please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . august 2009 learn how and when to remove this template message founding and early history edit the iconic sign on lincoln s former corporate headquarters in downtown fort wayne indiana . lincoln traces its origin to june 12 1905 in fort wayne indiana as the lincoln national life insurance company . perry randall a fort wayne attorney and entrepreneur suggested the name lincoln arguing that the name of abraham lincoln would powerfully convey a spirit of integrity . in august 1905 robert todd lincoln provided a photograph of his father along with a letter authorizing the use of his father s likeness and name for company stationery and advertising . in 1928 lnc president arthur hall hired dr. louis a. warren a lincoln scholar and in 1929 lnc acquired one of the largest collections of books about abraham lincoln in the united states . the lincoln museum in fort wayne was the second largest lincoln museum in the country . the abraham lincoln presidential library and museum in springfield illinois is now the world s largest museum dedicated to the life and times of abraham lincoln after the closing of the fort wayne lincoln museum june 30 2008 . ian rolland started with lincoln in 1956 and became president of lincoln national life in 1977 . when he retired in 1998 new president jon a. boscia moved lnc to philadelphia and started using the lincoln financial group name for marketing . lincoln national life the largest subsidiary and the lincoln museum remained in fort wayne . 1990 2007 edit many of the jewels of lincoln national corporation have been shed in recent years . lincoln reinsurance was the first us reinsurance company ; it was sold to swiss re in 2001 . k & k insurance specialties was the first to insure events like nascar races ; it was sold to aon in 1993 . safeco bought american states a property casualty insurance business because lincoln was primarily in life health . however lnc even sold a block of disability income business to metlife in 1999 as it narrowed its focus . lincoln moved its headquarters from indiana to philadelphia in 1999 . 4 in philadelphia lincoln was headquartered in the west tower of centre square in center city . 5 lincoln financial was naming rights sponsor for the 2000 rugby league world cup which was held in england . lincoln financial group purchased the administrative management group inc. based in arlington heights illinois in august 2002 . previously amg was a strategic partner of lfg for four years providing recordkeeping services for the lincoln alliance product a turnkey solution for employer retirement and employee benefit programs including investment choices recordkeeping plan design compliance and employee retirement counseling and education . 6 in 2007 the company moved 400 employees including its top executives to radnor township from philadelphia . 4 jefferson pilot acquisition edit following the acquisition of jefferson pilot corporation in march 2006 lincoln financial acquired group life disability and dental insurance divisions . jefferson pilot corporation was a fortune 500 company based in greensboro north carolina founded in 1968 from the merger of jefferson standard insurance founded 1907 and pilot life insurance founded 1903 . the two companies association actually dated to 1945 when jefferson standard bought majority control of pilot life . lincoln financial also acquired jefferson pilot s television and radio operations which were renamed lincoln financial media . the group owns 18 radio stations in miami florida ; san diego california ; denver colorado ; and atlanta georgia . it also owned wbtv the cbs affiliate in charlotte ; wcsc tv the cbs affiliate in charleston south carolina and wwbt the nbc affiliate in richmond virginia . in june 2007 the company publicly announced it would explore a sale of this division and hired merrill lynch to assess its strategic options . it was announced on november 12 that raycom media purchased the three tv stations 1 including its sports production division which was the co holder to football and basketball games in the atlantic coast conference with raycom and sole rightsholders to the southeastern conference until 2009 when espnplus and cbs sports acquired the rights . the raycom sports brand was merged with lfs as of january 1 2008 . though billed as a merger of equals the merged company carries the lnc name operates from the lnc offices with current lnc stockholders holding 61 % of the stock and current lnc directors controlling the new board . the insurance division is based in greensboro north carolina . recent activity edit lincoln purchased newton county loan and savings in order to restructure as a bank holding company and qualify for troubled asset relief program tarp funding . in january 2009 lincoln sold its delaware investments subsidiary to macquarie group . delaware investments was integrated into macquarie s global asset management arm macquarie funds group effective january 5 2010 . 7 insurance patent edit lincoln national is the owner of u.s. patent 7 089 201 method and apparatus for providing retirement income benefits . this patent covers methods for administering variable annuities . lincoln s commercial products that are covered by this patent include their i4life advantage and 4latersm advantage annuities . 8 in september 2006 lincoln filed a patent infringement lawsuit against transamerica life insurance company for allegedly infringing its insurance patent . 9 a similar lawsuit was filed against jackson national life in october 2007 . 10 on feb. 19 2009 a jury found the lincoln patent valid and infringed by transamerica et al. damages were assessed at the reasonable royalty rate and transamerica et al. were ordered to pay lincoln 13 million or 0.11 % of the over 12 billion in assets they had under management by virtue of infringing the patent . 11 affiliations edit lincoln financial group is the grand sponsor of the national forensic league and its national speech and debate tournament . see also edit philadelphia portal companies portal lincoln financial media subsidiary of lincoln national corporation that owns radio stations in the united states references edit http www.forbes.com global2000 list 3 header assets sortreverse true http www.nasdaq.com symbol lnc revenue eps corporate . lincoln national corporation . retrieved on august 24 2009 . a b blumenthal jeff . lincoln sells delaware investments . philadelphia business journal . wednesday august 19 2009 . modified thursday august 20 2009 . retrieved on august 24 2009 . contact us . lincoln national corporation . june 22 2000 . retrieved on august 24 2009 . http findarticles.com p articles mi m0ein is 2002 august 13 ai 90327918 macquarie group acquires delaware investments from lincoln national jan 2010 lincoln national corp 2006 10k sec filing david g. luettgen foley sponsors conference on business method patents for the financial services industry sept. 12 2006 lincoln national life insurance company v. jackson national life insurance company case 1 2007cv00265 october 30 2007 karen mracek patent case ruling to cost transamerica 13 million des moine register feb 19 2009 external links edit lincoln national corporation company website lincoln financial foundation foundation v t e lincoln financial group subsidiaries lincoln financial advisors and sagemark consulting lincoln financial distributors lincoln national life insurance company life & annuity company in new york lincoln uk lincoln financial media v t e major insurance and reinsurance companies insurance composite aegon ageas aig allianz allstate aon aviva axa china pacific insurance china taiping generali ing japan post insurance national mutual insurance federation of agricultural cooperatives ping an insurance prudential plc pzu state farm insurance the hartford unipol unipolsai usaa vienna insurance group zurich insurance group farmers insurance group general insurance berkshire hathaway bnp paribas bradesco seguros direct line group hyundai marine & fire insurance if p & c insurance insurance australia group liberty mutual mapfre ms & ad insurance group picc qbe insurance rsa insurance group samsung fire & marine insurance sompo japan tokio marine travelers xl group life insurance aia aviva bupa china life cnp assurances dai ichi life great eastern jackson legal & general lic india lincoln manulife financial meiji yasuda life metlife new york life nippon life northwestern mutual old mutual phoenix group prudential financial samsung life scottish widows standard life sumitomo life sun life swiss life taikang life reinsurance gen re hannover re lloyd s of london munich re reinsurance group of america scor swiss re xl group methodology applicable fy2013 14 revenues of over us 3 billion v t e philadelphia area corporations including the delaware valley list of companies based in the philadelphia area philadelphia based fortune 500 corporations rank in the 2015 list comcast 43 aramark 207 crown holdings 318 delaware valley based fortune 500 corporations rank in the 2015 list amerisourcebergen 16 dupont 87 lincoln national 223 universal health services 324 campbell soup 342 ugi 349 burlington stores inc. 500 other notable philadelphia based businesses amoroso s beneficial bank chemtura day & zimmermann fmc corporation independence blue cross pennsylvania real estate investment trust pep boys philadelphia media network radian group urban outfitters notable philadelphia based professional partnerships ballard spahr blank rome cozen o connor dechert drinker biddle & reath duane morris morgan lewis & bockius pepper hamilton saul ewing white and williams other notable delaware valley based businesses actua corporation airgas alliedbarton ametek aqua america asplundh bentley systems brandywine realty trust boscov s carpenter technology cephalon chemours christiana care health system crozer keystone health system david s bridal epam systems enersys hamilton lane liberty property trust penn mutual penn national gaming rita s italian ice sei investments slm sungard susquehanna international group vanguard toll brothers triumph group unisys viropharma vishay intertechnology vwr wawa wilmington trust w. l. gore and associates wsfs bank notable delaware valley based us headquarters of foreign businesses aberdeen asset management ace agustawestland astrazeneca delaware investments glaxosmithkline ing group keystone foods sap america siemens medical shire pharmaceuticals subaru teva pharmacueticals td bank notable delaware valley based division headquarters of us corporations acme cerberus capital management centocor johnson & johnson colonial penn conseco delmarva power exelon gsi commerce ebay hercules ashland mab paints sherwin williams mcneil laboratories j & j neoware hewlett packard peco exelon qvc liberty media rohm and haas dow