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CNA, the current parent company, was incorporated in 1967. CNA is the seventh largest commercial insurer in the United States as of 2018. [3] CNA provides property and casualty insurance products and services for businesses and professionals in the U.S., Canada, and Europe. CNA itself is 90% owned by a holding company, Loews Corporation. [4]
In 1897, the company that would become Encompass began selling personal insurance under the motto "Protection and Security." The company’s package policy dates back to then. In 1999, Illinois-based Allstate Insurance Company purchased the personal lines insurance business from CNA Financial when CNA moved toward commercial lines. Allstate ...
The brothers soon diversified the Loews business, successfully venturing into a variety of areas as the 1960s and 1970s progressed. Loews acquired Lorillard Tobacco Company in 1968, CNA Financial in 1974, and the Bulova Watch Company in 1979. Through acquisitions, Loews's revenues grew from $100 million in 1970 to more than $3 billion by a ...
Serving businesses and professionals since 1897, CNA is the country's seventh largest commercial insurance writer and the 13 th largest property and casualty company. CNA's insurance products ...
The "CUNA" in the company's name originally stood for "Credit Union National Association". [7] TruStage Financial Group is the marketing name for CMFG Life Insurance Company, its subsidiaries, and affiliates. TruStage Financial Group was founded in 1935 as the CUNA Mutual Insurance Society.
CNA Announces Sale of Surety Company & Agency to California Contractors Insurance Services CHICAGO--(BUSINESS WIRE)-- CNA Financial Corporation (NYS: CNA) today announced that it has completed the ...
In this article we will analyze whether CNA Financial Corporation (NYSE:CNA) is a good investment right now by following the lead of some of the best investors in the world and piggybacking their ...
Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in the United States by 1989.