Latest CNA Insurance Headlines
All the headlines from our CNA Insurance Topic Page, ordered by recency.
Ex-CNA Hardy Executive Brosnan Named CEO of W. R. Berkley Syndicate Management
Feb 5 2021 // W. R. Berkley Corp. announced the appointment of David Brosnan as chief executive officer of W. R. Berkley Syndicate Management Ltd., the Lloyd’s managing agent for W. R. Berkley Syndicate 1967. He succeeds Alastair...
CNA Transfers $690M of Excess Workers’ Compensation Business to Enstar Subsidiary
Jan 4 2021 // Commercial lines insurer CNA Financial Corp. and Enstar on Dec. 30, 2020 said they had reached an agreement to have a subsidiary of Enstar reinsure a legacy portfolio of excess workers’ compensation policies,...
Skyward Specialty Insurance Hires CNA’s Childs to Lead Construction Business
Dec 1 2020 // Houston-based Skyward Specialty Insurance Group Inc. (Skyward Specialty) has added Rick Childs as senior vice president, Construction, to lead its growing construction business. Childs brings 25 years of commercial...
CNA Turns Q3 Profit; P/C Combined Ratio Rises Above 100%
Nov 3 2020 // CNA Financial Corp. doubled its 2020 Q3 net income, thanks in part to higher investment returns and rate hikes in the P/C insurance division that increased more than 12 percent on average. Net catastrophe losses soared,...
Even Failed Claims Against Nurses Cost Insurers $20K, Liability Study Shows
Sep 28 2020 // Liability claims that involve nurses cost an average of $210,513 if a large indemnity payment is made, but even claims that are dropped, defeated or dismissed end up costing more than $20,000, according to a report...
CNA Reports Q2 Profit Despite COVID-19, Weather, Civil Unrest Losses
Aug 6 2020 // CNA Financial Corp. saw its 2020 second quarter net income sliced almost by half compared to the previous year due to “considerable catastrophe losses” from COVID-19, civil unrest and weather-related...
CNA Financial Reports Second Quarter Profit of $151M
Aug 4 2020 // CNA Financial Corp. on Monday reported second-quarter profit of $151 million. On a per-share basis, the Chicago-based company said it had net income of 55 cents. Earnings, adjusted for investment gains, were 36 cents per...
COVID-19 Hits Already-Troubled Nursing Home Insurance Market; Brokers Try to Help
May 10 2020 // Nursing homes are right in the middle of the deadly coronavirus pandemic hitting the U.S, with more than 28%, or nearly 20,000, of the nation’s COVID-19 deaths happening in these long term care facilities, according...
CNA Records Q1 Loss Tied to Market Volatility from Coronavirus
May 5 2020 // CNA Financial Corp. recorded a first quarter 2020 net loss of $61 million, and core income of $108 million. The insurer said results for the quarter reflected financial market volatility amid the events of COVID-19. The...
New Embroker Business Owners Policy (BOP) Targets SMEs
Mar 11 2020 // Embroker, Inc., a digital insurance broker, has partnered with CNA to provide a customized business owners policy (BOP) coverage to its business clients. Embroker is a technology platform that digitizes all aspects of the...
S&P Upgrades CNA Financial Strength Rating to A+
Nov 19 2019 // CNA Financial Corp. has achieved an “A+” financial strength rating from Standard & Poor’s, an upgrade made in recognition of the Chicago-based insurer’s efforts to improve its operations and...
CNA Names James as Chief Risk Officer; Appoints Miralles President of Warranty
Oct 16 2019 // Mark James has been named CNA’s Chief Risk and Reinsurance Officer. He assumes leadership for CNA’s Enterprise Risk Management function and maintains leadership for the Global Reinsurance team. Prior to joining...
Euclid Insurance Services Taps CNA’s Elliott to Lead New Life Sciences Division
Oct 1 2019 // Euclid Insurance Services, Inc. has formed Euclid Life Science Specialty, LLC (Euclid Life Science), a product and professional liability insurance underwriting platform providing tailored casualty coverage products to the...
People & Places
Sep 16 2019 // National Ralph Blust Insurance broker Aon has appointed Jay Demeusy as U.S. vice chairman of its Reinsurance Solutions business. Alongside his new role, Demeusy will continue to chair the newly formed Global Construction...
CNA Names Possell Chief Information Officer
Sep 9 2019 // Chicago-based insurer CNA has appointed Jane Possell as chief information officer. Possell will be responsible for leading the development and execution of CNA’s overarching information technology strategy, reporting...
CNA Names Decman Branch Manager in Washington and Oregon Branches
Aug 29 2019 // CNA has named Tanya Decman vice president and branch manager for the Seattle, Wash., and Portland, Ore., branches. Decman was previously assistant vice president of sales and distribution in the West. She was a marketing...
QBE’s Gonzalez Named Executive VP, General Counsel at CNA
Jul 1 2019 // Chicago-based commercial property/casualty insurer, CNA, has appointed Jose Ramon Gonzalez as executive vice president and general counsel. Gonzalez will serve as the principal counsel for CNA, leading the company’s...
CNA’s Mizzi Joins AIG’s Blackboard Insurance as Head of Underwriting
Jun 27 2019 // Blackboard Insurance, an American International Group company, announced that John Mizzi will join the team as head of Growth and Underwriting. Mizzi will lead the underwriting team as Blackboard expands its use of data,...
AXIS Re Hires Hands from CNA Hardy as Head of Australia
Jun 24 2019 // AXIS Re, the reinsurance business segment of AXIS Capital Holdings Ltd. announced the expansion of AXIS Re Strategic Partners with the hiring of Robert Hands as a strategic account executive and head of Australia. In this...
CNA Enhances Multinational Capabilities with New Technology Platform
Jun 20 2019 // CNA has launched a new technology platform – CNA ComPass – that will allow the insurer and its network partners the ability to write and manage local admitted placements around the world in real-time. CNA’s...
