Latest CNA Insurance Headlines
All the headlines from our CNA Insurance Topic Page, ordered by recency.
CNA to Pay $18M for Wrongful Death
Feb 18 2002 // According to Associated Press, CNA Insurance has awarded the family of Ana Flores $18 million for the wrongful death of the 36-year-old mother of two. Flores was killed in 1999 by a shard of glass that fell from the 29th...
CNA Financial Announces Net Loss for 4Q, Year-End
Feb 15 2002 // CNA Financial Corporation reported a fourth quarter 2001 net loss of $22 million compared with net income of $193 million for the same quarter in 2000. Total net loss for the year ended Dec. 31, 2001 was $1.6 billion...
CNA Surety Announces 4Q Decrease in Net Income
Feb 12 2002 // CNA Surety Corporation reported that net income for the fourth quarter of 2001 decreased to $0.6 million, or $0.01 per share, from $12.0 million, or $0.28 per share, for the same period in 2000. Operating earnings, after...
Debra McClenahan New CEO of CNA Re
Jan 31 2002 // Debra McClenahan has been appointed chief executive officer of CNA Re, one of the three major businesses of CNA insurance companies. McClenahan, who succeeds William J. Adamson, will have overall responsibility for...
CNA Financial Announces Preliminary 4thQ and Year-End Results
Jan 28 2002 // CNA Financial Corporation announced that it expects a 2001 fourth-quarter net loss between $20 million and $35 million, compared with net income of $193 million for the same quarter in 2000. Included in the 2001 fourth...
CNA Uses OMMni.com to Improve Cargo Insurance on the Internet
Jan 17 2002 // CNA has launched a new, enhanced version of OMMni.com, the interactive and fully automated cargo insurance system which is accessible over the Internet to all CNA’s ocean cargo customers worldwide. Available free of...
CNA Financial Corp. Trims Workforce
Dec 6 2001 // CNA Financial Corp., hit by insurance claims attributed to the World Trade Center attack, is restructuring, a move that will eliminate 1,850 jobs, or about 10 percent of its employees. The nation’s second-biggest...
CNA Lowered, on Negative Watch
Nov 12 2001 // S&P lowered its ratings on CNA Financial Corp., the members of the Continental Casualty Intercompany Pool, Continental Assurance Co., Valley Forge Life Insurance Co., CNA Insurance Co. (Europe) Ltd., and Maritime Ins....
CNA Surety Corp. Third Quarter Net Income Down From 2000
Oct 31 2001 // Chicago-based CNA Surety Corporation reported net income for the third quarter of $12.0 million, or 28 cents per share, compared to $13.3 million, or 31 cents per share, for the comparable quarter in 2000. Operating...
CNA Unveils New Online Capabilities
Oct 9 2001 // CNA unveiled new online capabilities on CNA Central. The website features dynamic transactional tools and account management resources for a broad range of CNA products and services for the company’s U.S. insurance...
CNA Sees Pre-Tax Losses of Up to $350 Million
Sep 24 2001 // Chicago-based CNA Financial Corp., the No. 2 U.S. business insurer, said its losses from the Sept. 11 attacks on the World Trade Center and the Pentagon could reach $350 million on a pre-tax basis. CNA said the projected...
2000 Market Share For Insurers in Texas
Sep 3 2001 // The books are closed on 2000 Texas premium and loss information for the insurance industry. IIAT’s annual review of market share data contains a few surprises, some good news and some bad news. Here are the...
A.M. Best Downgrades CNA Reinsurance Co. Rating
Aug 29 2001 // A.M. Best Co. downgraded the financial strength rating of CNA Reinsurance Co. Ltd., London, to “B+ ” (Very Good) from “A-” (Excellent). The company remains under review with developing...
NV MED-MAL RATES TO RISE
Aug 27 2001 // Continental Casualty Company; America Casualty Company of Reading, Penn; and Transportation Insurance Company (collectively CNA) received approval from Nevada Insurance Commissioner Alice A. Molasky-Arman to increase its...
Lewis Joins CNA as EVP of Standard Lines
Aug 23 2001 // CNA Insurance has added James Lewis as executive vice president of Standard Lines within the company’s property and casualty operation. Lewis will oversee all standard lines and will be responsible for U.S....
Nevada Commissioner Approves Increase in Med-Mal Rates
Aug 16 2001 // Continental Casualty Company; America Casualty Company of Reading, Penn; and Transportation Insurance Company (collectively CNA) received approval from Nevada Insurance Commissioner Alice A. Molasky-Arman to increase its...
A.M. Best Lowers Rating of CNA Reinsurance
Jul 24 2001 // A.M. Best Co. lowered the “A” (Excellent) financial strength rating of CNA Reinsurance Co. Ltd., London, to “A-” (Excellent) and placed it under review with negative implications. According to A.M....
Stephen Lilienthal Joins CNA as President
Jul 23 2001 // Stephen W. Lilienthal, a highly regarded insurance industry executive, has joined CNA Insurance in a newly created role as president and CEO of CNA’s $6.2 billion primary property and casualty operation. Lilienthal...
TRADEPAQ, CNA Partner to Expedite Global Trade Transactions For Ocean Shipping
Jul 16 2001 // TRADEPAQ Corp., a provider of e-business infrastructure solutions for global trade, announced its partnership with CNA’s marine division, one of the largest providers of marine cargo insurance, that will enable...
CNA, Ian H. Graham Partner for Community Associations
Jul 13 2001 // Chicago-based CNA Management & Professional Liability Insurance has made available its exclusive Community Associations partnership with Ian H. Graham Inc. According to CNA Managing Director John Brand, the two share...
