CNA News

Low-Cost Online Commercial Lines Quoting Tool for P/C Agents Launched

The launch of a real-time commercial lines rater that gives agents access to a handful of large carriers was announced today by a division of Networked Insurance Agents. MyNTrack, a division of Grass Valley, Calif.-based Networked, integrates with the technology …

CNA Among Corporations Returning Tax Breaks to Chicago

Insurance company CNA Group is one of three Chicago firms returning $34 million in tax breaks to the city. Also among the companies returning or not accepting special taxing district funds is CME Group, parent of the Chicago Board of …

CNA Appoints Commercial Underwriting Officer in Boston

CNA Financial Corporation appointed Charles O’Donnell as commercial underwriting officer for its Boston branch office. In this position, O’Donnell will add local underwriting leadership and technical underwriting capabilities to branch offices in Massachusetts, Rhode Island, Vermont, New Hampshire and Maine. …

CNA Select Risk Appoints Bladek AVP, Casualty

Chicago-based CNA Select Risk, which includes excess and surplus (E&S) business, as well as wholesale property accounts, appointed Rich Bladek as assistant vice president of Select Risk – Casualty. Bladek will be responsible for creating new strategies to drive profitable …

CNA Extends CEO Motamed’s Contract Until 2016

CNA Financial Corp. said it has extended its employment contract with Tom Motamed, chairman and chief executive officer, through 2016. He assumed his current position in 2009. ‘Over the past two years, we have built a first-class team and we …

CNA Select Risk Appoints Stark as VP, Casualty and Programs

Chicago-based CNA Select Risk, which includes excess and surplus (E&S) insurance business, as well as wholesale property accounts, has appointed Carol Stark as vice president of casualty and programs. Stark comes to CNA with 21 years of business experience, including …

Tokio Marine to Acquire All of Hawaii’s First Insurance for $165 Million

Tokio Marine Holdings, Inc. is to become the sole shareholder of the largest Hawaii-based property and casualty insurance carrier. The Japanese insurer announced in Tokyo this week it has reached an agreement to acquire the remaining 50 percent ownership interest …

Agents Say Insurers Out of Touch with Needs of Small Businesses

Insurance agents and brokers think that their insurance carriers may be out of touch with what the small business segment needs. For one, carriers have been busy coming out with new products and coverage enhancements for small businesses, but agents …

Audit Criticizes Administration of Defense Base Insurance Program

A recent governmental audit of the workers’ compensation insurance program for U.S. government contractors working on Afghanistan reconstruction is highly critical of the program’s administration by the U.S. Army Corps of Engineers. The Office of Special Inspector General for Afghanistan …

CNA Appoints David Linhardt VP of Oklahoma, Arkansas Branches

CNA Financial Corp. has appointed David Linhardt as vice president of its Oklahoma and Arkansas branches. Linhardt is responsible for synchronizing branch operations with CNA’s strategic goals for long-term success, including increasing local authority at the point of sale and …