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Continental Casualty Co. is in the Financial Services Industry
Latest News and Analysis
Legal Briefs: Allergic reaction to food ruled not compensable.(workers' compensation cases)(Brief Article)
An employee who experiences an allergic reaction to food served at a luncheon his employer directed him to attend cannot recover workers compensation benefits, an Illinois appellate court ruled. Jack Rodin, an electrical contractor, was a foreman o An employee who experiences an allergic...
Fuzzy wording costs insurer $1 million.(Continental Casualty Co.)
A subsidiary of CNA may have to pay a widow more than $1 million because a jury thought the Chicago-based company used a vague definition for the word "accident" in an insurance policy. U.S. District Judge Harold Baer, Jr. recently uphe A...
$3B committed to asbestos claims. (personal injury suits filed against Fibreboard Corp.)
In what could be a precedent-setting settlement in an asbestos liability suit, Chubb Corp. and CNA Ins. Cos. have agreed to pay Fibreboard Corp. up to $3 billion to cover claims by people harmed by the company's cancer-causing asbestos products. I In what...
Return-of-premium offered in CNA's new LTC policy. (Continental Casualty Co.; long-term care)
Continental Casualty, a CNA company in Chicago, took its LTC policies back to the drawing boards a while back, and the result is an entrely new generation: Long Term Care and Long Term Care Plus. Continental Casualty, a CNA company in Chicago, took its LTC...
Additional Resources
Prince Anne attorney leaves legacy of problems
Nearly a year after Princess Anne lawyer Charles A. "Tony" Bruce Jr.'s death from strychnine poisoning, the tangled affairs of his practice are still spilling into court. In a recent filing, the Continental Casualty Co. asks the U.S. District Court in Greenbelt to declare that the firm...
Maryland appellate court upholds exclusion to business auto
A business-auto insurance policy's exclusion for vehicles owned by the insured's employees was not ambiguous or prohibited by law, the Court of Special Appeals has held. The decision is a win for Continental Casualty Co., which had been ordered to pay $140,000 under its policy insuring Jani-King...
Loyola sues insurer for failing to pay claims
Due to the approach of the one-year deadline for filing claims related to Hurricane Katrina, Loyola University New Orleans has filed suit against its insurer, Continental Casualty Co., for failure to pay documented property and business interruption claims in a timely fashion. CNA is the country's seventh-largest commercial insurer and...
Insurance coverage.(Risk Manager of the Year)
* Property American Guarantee & Liability Insurance Co. writes the first $100 million layer. * Property difference in conditions Continental Casualty Co., a subsidiary of CNA Financial Corp., writes the first $4.5 million layer. * Medical...
More Moser trouble
Convicted tax attorney Bobby Keith Moser has a little more legal trouble to deal with. He is currently hanging out in the West Carroll Detention Center in Epps, La., awaiting sentencing in early May for money laundering, interstate transportation of stolen property and two counts of mail fraud....
S&P Announces: CNA Financial Corp.'s $550M Debt Offering Rated 'BBB-'
NEW YORK -- On Dec. 7, 2004, Standard & Poor's Ratings Services assigned its 'BBB-' senior debt rating to CNA Financial Corp.'s CNA new 10-year senior debt offering of up to $550 million. Based on Standard & Poor's group rating methodology, the ratings on CNA and its affiliates...
Property & casualty insurers.(Insurance & Healthcare)(Directory)(Illustration)
Property & Casualty Insurers BY PREMIUMS WRITTEN ...
Top 100 insurance companies ranked by net premiums written ($000).(P&C Premium Rankings 2003)(Illustration)
(5) Top 100 Insurance Companies Ranked by Net Premiums Written ($000) RANK 03 02 Company Name Group Name...
Top 50 commercial insurance companies.(P&C Premium Rankings 2003)(Illustration)
(6) Top 50 Commercial Insurance Companies RANK Company Name 03 02 1 1 Continental Casualty Co 2 2 ...
Federal appeals court concludes that skydiver is not a "passenger" for purposes of group life insurance coverage
See Adams v. Continental Casualty Co., 364 F. 3d 952 (8th Cir. 2004) applying federal common law of ERISA (employee killed while skydiving not covered under employer's group accidental death benefits policy; Although policy provided "air travel" coverage while "riding as a passenger, and not as a pilot or crew...
U.S. District Court
Filing Ed Holt v. Continental Casualty Co., petition for unspecified judgment. Disposition James P. Smith v. Kline et al. Dismissed...
CNA Financial Corp., Subsidiaries Off CreditWatch, Ratings Affirmed; Outlook Negative
Business Editors NEW YORK--BUSINESS WIRE--March 22, 2004 On March 22, 2004, Standard & Poor's Ratings Services affirmed its ratings on CNA Financial Corp. (NYSE:CNA) and its property/casualty insurance affiliates see ratings list and removed the ratings from CreditWatch, where they were placed on...
S&P Announces: Continental Assurance Co. Ratings Lowered, Removed From CreditWatch; Outlook Negative
Business Editors NEW YORK--BUSINESS WIRE--March 22, 2004 On March 22, 2004, Standard & Poor's Ratings Services lowered its long-term counterparty credit and long-term financial strength ratings on Continental Assurance Co. CAC to 'BBB+' from 'A' and removed them from CreditWatch where they were...
Waterman Honored With Safety Award
Waterman Racing Components President Sid Waterman recently received the Jack O'Neil Safety Award at the United States Auto Club USAC awards banquet in Indianapolis. The award, presented by the Continental Casualty Co. in the name of former CAN insurance principal and longtime USAC safety official Jack O'Neil, is annually presented...
S&P Announces: Valley Forge Life Insurance Co. 'A' Ratings CreditWatch Status Revised to Developing
Business Editors NEW YORK--BUSINESS WIRE--Feb. 5, 2004 On Feb. 5, 2004, Standard & Poor's Ratings Services revised the CreditWatch status of its 'A' counterparty credit and financial strength ratings on Valley Forge Life Insurance Co. VFL to developing from negative. VFL...
S&P BULLETIN: CNA Financial Corp. Ratings Unaffected by Sale of Group Benefits Business
Business Editors NEW YORK--BUSINESS WIRE--Dec. 1, 2003 Standard & Poor's Ratings Services today commented on the announcement by CNA Financial Corp. (NYSE:CNA) (BBB-/WatchNeg/A-3) that it has agreed to sell its group benefits business to Hartford Financial Services Group Inc. for about $500 million....
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Continental Casualty Co. Company Info
NAICS Code
Direct Property and Casualty Insurance Carriers: 524126Brought to you by IBM
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