All the headlines from our CNA Insurance Topic Page, ordered by recency.
Apr 4 2003 // Chicago-based commercial insurer CNA Financial Corp. has signed a binding agreement to sell a portion of the business of its subsidiary, RSKCo, to Cunningham Lindsey, a subsidiary of Lindsey Morden Group Inc. The...
Mar 19 2003 // Chicago-based CNA Financial Corp. has revised its net 2002 profit $32 million lower in response to complaints from the SEC about the timing and accounting of investment losses, according to a statement released by the...
Mar 13 2003 // CNA Financial Corp. announced that as of Dec. 31, 2002, its property and casualty insurance subsidiaries have about $600 million of reinsurance receivables due from Gerling-Konzern Allgemeine Versicherungs AG and its...
Mar 12 2003 // AXCESS Secures Through CNA’s Western Surety Selects PriceWaterhouseCoopers, LLP as Auditor NEW YORK / EWORLDWIRE / March 12, 2003 — AXCESS Insurance announced today that the company has secured Fidelity...
Mar 12 2003 // AXCESS Insurance announced today that the company has secured Fidelity Insurance Coverage through Western Surety.A division of CNA Surety (NYSE: SUR), Western Surety is an AMBest “A+” Rated insurance company...
Feb 13 2003 // The Standard & Poor’s ratings of CNA Surety Corp. subsidiaries Western Surety Co. and Universal Surety of America have been lowered from ‘A’ to ‘A-.’In addition, Standard &...
Feb 12 2003 // Improved underwriting income helped CNA Surety Corp. score a net income of $2.6 million, or 6 cents per share, for the fourth quarter of 2002 compared to $600,000, or 1 cent per share, in 2001.Net operating earnings for...
Feb 11 2003 // CNA Surety Corp. CEO Mark C. Vonnahme will retire from the company within a year, ending his 30-year career with the Chicago-based CNA Finacial Corp. The search process is underway to replace Vonnahme, who in 1997 led the...
Jan 30 2003 // Chicago-based CNA Financial Corporation announced the sale of the renewal rights of its book of hull and liability insurance business for ocean-going vessels in both London and the United States to the Arch Insurance...
Jan 3 2003 // Following the announcement that the billion dollar surety case between JP Morgan Chase and 11 insurance companies over Enron related transactions had been settled, both The St. Paul and CNA issued statements indicating...
Dec 20 2002 // Chicago-based CNA Financial Corporation announced that it has completed its previously announced plan to sell $750 million of a new issue of preferred stock, called Series H Cumulative Preferred Stock, to Loews...
Dec 3 2002 // CNA Surety Corporation reported that it has repaid or extended a $15 million revolving credit loan that was due on November 30, 2002, which was guaranteed by the company’s parent, CNA Financial Corp. It repaid $11...
Nov 22 2002 // A.M. Best Co. announced that it has affirmed various financial strength ratings on the wholly-owned insurance subsidiaries of CNA Financial Corporation, and the “bbb” debt rating on the parent’s existing...
Nov 15 2002 // CNA’s most recent Form10-Q filing with the Securities and Exchange Commission put overall net pre-tax losses from the attacks on the World Trade Center at $468 million net of reinsurance; after tax losses are...
Nov 8 2002 // Chicago-based CNA Financial Corporation reported third quarter net operating income from continuing operations of $38 million, or $0.17 per share, as compared with a net operating loss from continuing operations of $160...
Nov 1 2002 // CNA Financial Corporation announced that it has completed the sale of its London reinsurance operation, CNA Reinsurance Company Limited (UK), to Tawa UK Ltd., a subsidiary of Artemis Group, the diversified French holding...
Oct 15 2002 // The Maryland-based agency Victor O. Schinnerer announced that it has introduced a p/c policy, Victor O. Schinnerer’s Realty Choice(TM), for real estate firms located in Massachusetts, Virginia and Illinois...
Oct 14 2002 // The 2001 premium and loss data for Texas verifies everything you heard from the insurance companies — it was a really bad year. Here are the highlights in review: • Texas accounts for 7 percent of the national premium...
Sep 10 2002 // Schinnerer & Company Inc. of Chevy Chase, Md. is now offering liability coverage to architects, engineers, land surveyors, landscape architects and specialty consultants through CNA’s E-Pack. With this newest...
Aug 26 2002 // Robert V. James has been promoted to CNA insurance companies’ executive vice president of U.S. Insurance Operations for CNA Property & Casualty Operations. The announcement came from James R. Lewis who precedes...