CNA Insurance - Latest Insurance News

CNA Offers New Programs for Campgrounds, Tattoo Artists

Mar 30 2009 // The excess and surplus (E&S) unit of CNA insurance companies is offering two new programs for resort-style campgrounds and tattoo artists/piercing professionals. The E&S Campgrounds program is targeted to...

Greener Opportunities

Mar 23 2009 // Insurers Compete for a Growing Green Industry Jim Henson’s famous Kermit the Frog said it the best, “it’s not easy being green.” Today’s property owners and insurers understand that while...

CNA Surety Announces Resignation of Lewis, Chairman, Board of Directors

Dec 19 2008 // CNA Surety Corporation recently announced the resignation of chairman of the board of directors James R. Lewis effective Dec. 31, 2008. Lewis is also stepping down as president and CEO of the property/casualty operations...

Fleischner Receives Women in Insurance Leadership Award

Nov 11 2008 // Jean Fleischner, vice president, product development and general counsel, CNA Global Specialty Lines, CNA Financial Corp. has been recognized and honored with a Women in Insurance Leadership Award winner at the first...

National – Rating Roundup: CNA, Horace Mann, Southland

Oct 29 2008 // Contrary to the position taken by A.M. Best and Moody’s Investors Service, Fitch Ratings has revised CNA Financial Corporation’s rating outlook to negative from stable. However, Fitch affirmed the Issuer...

A.M. Best, Moody’s Affirm CNA Ratings Following Loews Cash Boost

Oct 28 2008 // Responding to news that Loews Corp., the parent company of commercial insurer CNA Financial Corp., will pour up to $1.25 billion into CNA to boost its surplus, rating agencies A.M. Best Co. and Moody’s said...

Loews to Inject $1.25 Billion Into CNA Insurance; CEO to Step Down Early

Oct 27 2008 // The nation’s seventh largest commercial lines insurer, CNA Financial Corp., reported a $331 million net loss for the third quarter chiefly due to catastrophe claims and investment losses and said it will receive...

CNA’s CEO Stephen Lilienthal Honored by City of Hope, Nov. 20

Oct 20 2008 // CNA Financial Corp. Chairman and CEO Stephen W. Lilienthal will be presented with City of Hope’s Spirit of Life Award at a gala dinner on Nov. 20 in Chicago. The dinner honors Lilienthal for his philanthropic work...

Connecticut Fines CNA Insurance Group $96K

Jul 30 2008 // The Connecticut Insurance Department has fined subsidiaries of CNA Insurance Group a total of $96,000 for violations of state law. The fines were assessed to CNA’s subsidiaries for alleged violations of laws...

Chubb Executive Motamed to Become CEO for CNA in 2009

May 27 2008 // The Chubb Corp. reports that Thomas F. Motamed, vice chairman and chief operating officer, will retire from Chubb effective on June 6, 2008. Motamed has accepted the position of chairman and chief executive officer of CNA...

House Panel Hits Defense Department, Insurers Over War Zone Insurance Costs

May 16 2008 // A House committee looking into defense contractors has alleged that the Department of Defense (DoD) has been lax in its management such that insurance companies providing workers’ compensation for civilian employees...

Disappointing CNA Insurance Results Hurting Loews

Apr 28 2008 // Loews Corp. posted an unexpected drop in first-quarter profit Monday, hurt by disappointing results from its CNA Financial Corp. insurance unit. In Monday afternoon trading, shares of Loews were down $2.07, or 4.6 percent,...

Business Moves

Nov 18 2007 // CNA CNA Financial Corp. recently announced a restructuring of its Property/Casualty Operations. The Chicago-based insurer said it aims to create a “more streamlined, customer-focused operating structure.” CNA,...

CNA Gives Restructuring Details

Nov 7 2007 // CNA Financial Corporation has given further details to its recently announced restructuring program for its Property & Casualty Operations. The Chicago-based insurer said it aims to create a “more streamlined,...

Ratings Roundup: CNA, Lincoln, First Protective, Fidelity Fire

Oct 9 2007 // Fitch Ratings has upgraded CNA Financial Corporation as follows: –Issuer Default Rating (IDR) to ‘BBB+’ from ‘BBB’; –Senior debt to ‘BBB’ from ‘BBB-‘. Fitch also...

CNA Adds D&O and E&O for Private Equity, Venture Capital Firms

Sep 11 2007 // CNA Specialty is now offering directors and officers (D&O) as well as errors and omissions (E&O) coverage for private equity and venture capital firms. CNA is targeting firms whose funds range up to $5 billion in...

Gilsbar, CNA Offers Liability Insurance to Mo. Attorneys

Sep 11 2007 // Gilsbar Specialty Insurance Services, one of the largest administrators of CNA Lawyers’ Professional Liability insurance, recently announced that it is now offering professional liability insurance coverage to...

Ratings Recap: Accident Fund, American Mining, CNA

Sep 10 2007 // A.M. Best said that its ratings on Accident Fund Group of Lansing Mich. and its subsidiaries “remain unchanged following the recent announcement that Accident Fund Insurance Company of America will be acquiring CWI...

People and Places

Jul 2 2007 // Donald Gaddis Co. Inc. announced that Jay Dillon will lead the newly opened Franklin, Mich., office. Dillon has over 35 years of extensive commercial insurance experience, according to the Gaddis statement. For the past 15...

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