Latest CNA Insurance Headlines
All the headlines from our CNA Insurance Topic Page, ordered by recency.
People
Nov 6 2005 // Jim Shevlin has been named assistant vice president and regional business development manager for ACE USA’s Southeast Region. ACE USA is headquartered in Philadelphia, Pa. Based in Atlanta, Shevlin will manage...
CNA Reports Q3 Results
Oct 27 2005 // CNA Financial Corporation today announced third quarter of 2005 results: — Net income for the third quarter of 2005 of $3 million as compared with a net loss of $27 million in the third quarter of 2004 — Net...
CNA Unveils Enhanced EPLI Coverage
Oct 18 2005 // CNA announced another step in its updated and enhanced suite of management and professional liability products by introducing a stand-alone employment practices liability (EPL) product. The new coverage, EPL Solutions, is...
CNA Takes $280M Hit from Hurricanes
Oct 12 2005 // CNA Financial Corporation announced that its preliminary estimate of losses relating to Hurricane Katrina is approximately $280 million, after-tax. This estimate includes pretax gross commercial losses and loss expenses of...
CNA Insurance to Sponsor 2006 Chicago Gay Games
Sep 29 2005 // Chicago-based CNA insurance companies today announced its sponsorship of the 2006 Gay Games in Chicago. CNA joins at the “Allstar” level and will be a sponsor of the volleyball competition to take place at...
Berkshire Hathaway’s Buffett Tops Most Underpaid Industry CEO List
Sep 13 2005 // Berkshire Hathaway Inc.’s Warren Buffett, whose $100,000 base salary long ago became uncompetitive with his peers, ranked as the most undercompensated executive in the industry, according to a new study of 2004...
CNA Opens Claims Center for Hurricane Katrina
Aug 26 2005 // CNA insurance companies announced the opening of a Catastrophe Operations Center within its Nashville, Tennessee office for handling anticipated claims from Hurricane Katrina. All new Hurricane Katrina losses should be...
CNA Financial Corp. Appoints Smith, Fenwick in Pa. Offices
Aug 2 2005 // CNA Financial Corporation announced that Michael Smith has joined CNA insurance companies as vice president of its Reading, Philadelphia and Pittsburgh, Pa. branches; and Katherine Fenwick has been appointed underwriting...
FEDS SUBPOENA CNA ON FINITE REINSURANCE:
Jul 4 2005 // Chicago-based commercial insurer CNA Financial Corp. has received a subpoena from New York federal prosecutor David Kelley relating to his investigation of finite reinsurance. Kelley, the U.S. Attorney for the Southern...
Feds Subpoena CNA on Finite Reinsurance; SEC Probes Restatement
Jun 21 2005 // Chicago-based commercial insurer CNA Financial Corp. has received a subpoena from New York federal prosecutor David Kelley relating to his investigation of finite reinsurance. Kelley, the U.S. Attorney for the Southern...
CNA Sells Med-Mal TPA
Apr 4 2005 // Chicago-based commercial insurer CNA Financial Corp. announced it has completed the sale of Caronia Corp., a third-party claims administrator focused on medical professional liability, to Octagon Risk Services Inc., a...
CNA Affirmed
Apr 4 2005 // Fitch Ratings affirmed the “BBB-” long-term issuer and senior debt ratings of Chicago-based commercial insurer CNA Financial Corp., as well as the “BBB-” insurer financial strength ratings of...
Workers’ Compensation: In-Between the Good, the Bad, and the Injuries
Mar 21 2005 // With overall claims frequency still on the decline and loss costs and rates relatively stable, the state of the workers’ compensation line nationwide continues to show positive signs of improvement. Nevertheless, the...
CNA to Sell Med-Mal Claims Service Division
Mar 18 2005 // CNA Financial Corporation has entered into a definitive agreement to sell Caronia Corporation, a third-party claims administrator focused on medical professional liability, to Octagon Risk Services, Inc., a subsidiary of...
Fitch Ratings Affirms CNA’s “BBB-” Rating, Bumps Outlook to Stable
Mar 14 2005 // Fitch Ratings has affirmed the “BBB-” long-term issuer and senior debt ratings of Chicago-based commercial insurer CNA Financial Corp., as well as the “BBB-” insurer financial strength ratings of...
CNA Posts Big Jump in Q4 Profit
Feb 22 2005 // Chicago-based commercial insurer CNA Financial Corp. reported net income for the fourth quarter of 2004 of $305 million as compared to $174 million for the same period in 2003. Income before net realized investment...
CNA Surety Reports Strong Finish to 2004
Feb 9 2005 // Chicago-based CNA Surety Corp. reported net income for the fourth quarter of 2004 of $12.2 million, or $0.28 per share, compared to net income of $10.6 million, or $0.25 per share, for the same period in 2003. The increase...
People & Places
Jan 24 2005 // Andy Schor Michigan Office of Financial and Insurance Services Commissioner Linda A. Watters named Andy Schor as the new public information officer. As PIO, Schor’s responsibilities will be to share the priorities...
People & Places
Dec 20 2004 // Donald Woodard The Independent Insurance Agents of Houston installed Donald E. (Woody) Woodard, Jr. as the association’s president for 2004-2005. Woodard began his insurance career in 1973 at Houstoun Stevenson and...
CNA Financial Corp. Affirmed
Dec 20 2004 // Standard & Poor’s Ratings Services affirmed its “BBB-” counterparty credit rating on CNA Financial Corp. and its “A-” counterparty credit and financial strength ratings on CNA’s...
