AM Best Revises Outlook to Positive for CNA December 5, 2024 AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of A (Excellent)...
CNA’s Worman to Take CEO Reins From Robusto in 2025 June 6, 2024 By Chad Hemenway CNA Financial Corp. said it is promoting Doug Worman, currently executive vice president and global head of underwriting, to president...
Weekly Q4 2023 Earnings Wrap: CNA, Cincinnati Financial, American Financial February 9, 2024 By Chad Hemenway Fourth quarter net income at CNA Financial Corp. was up about 54% to $367 million, and net income for the...
FTX Founder Bankman-Fried Drops Excess D&O Coverage Spat With CNA Unit November 9, 2023 By Chad Hemenway Several days after he was found guilty of one of the biggest financial frauds on record, FTX founder Sam Bankman-Fried...
Rochester Diocese Claims Fund Reaches $126M as 2 More Insurers Settle, 1 Holds Out July 28, 2023 By Andrew G. Simpson The Catholic Diocese of Rochester and sexual abuse survivors have reached settlements with additional insurers on amounts available to cover...
Insurance Veteran Motamed, 74, Dies April 20, 2023 Thomas F. Motamed, an industry veteran who started his career as a claims trainee and eventually led some of the...
Nurse Practitioner Claims Have Increased Since 2017 but COVID Effect Yet to Play Out February 14, 2023 By Jahna Jacobson The distribution and severity of nurse practitioner (NP) office practice setting claims have increased sharply since 2017, according to a...
CNA Records 50% Drop in Q3 Net Income November 2, 2022 Net income at CNA Financial Corp. was down 50% for third quarter of 2022 compared to the prior year quarter,...
Hartford, CNA Post Drops in Q2 Net Income August 2, 2022 Second quarter earnings at The Hartford fell to $437 million – about 51% less than the same period a year...
Experts Confirm Cyber Incidents Up Since Invasion of Ukraine; Insurance Underwriters Adapting March 16, 2022 By Elizabeth Blosfield Since the start of the war in Ukraine, the number of cyber incidents in the U.S. has increased, and underwriters...