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May 15, 2009

Insurance Companies that are qualified for Tarp

WASHINGTON (CNN) — Six life insurance companies have qualified to receive billions of dollars in bailout money under the government’s Troubled Asset Relief Program, a Treasury Department spokesman said Thursday.

Allstate (ALL, Fortune 500), Ameriprise Financial (AMP, Fortune 500), Hartford Financial Services Group Inc. (HIG, Fortune 500), Lincoln National Corp (LNC, Fortune 500)., Principal Financial (PFG, Fortune 500) and Prudential Financial Inc (PRU, Fortune 500). have qualified for TARP money, according to Williams.

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