It turned out to be a tough week for Lincoln National Corp. (LNC) ratings. Fitch Ratings downgraded the ratings of Lincoln National Corp. (LNC) and Lincoln National Life Insurance Co. Fitch’s rating outlook is negative.

Also, The Wall Street Journal (WSJ) reports that Moody's Investors Service on Wednesday cut Lincoln National’s rating, and warned of further possible downgrades if the insurer's earnings continue to decline on investment losses.

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