Chicago-based CNA Financial Corporation and Hardy Underwriting Bermuda Limited announced that they have agreed to terms on a cash acquisition by CNA of all of the common shares of Hardy. “The acquisition is to be implemented by way of a …
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 …
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 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. …
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 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 …
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 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 …
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 …
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 …
