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2010 FIFA World Cup
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2010 FIFA World Cup
June 16, 2009 – 11:28 am | No Comment

The 2010 FIFA World Cup will be the 19th FIFA World Cup, an international tournament for football, that is scheduled to take place between 11 June and 11 July 2010 in South Africa. It will …

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CNA Financial

Submitted by admin on December 3, 2009 – 1:51 pmNo Comment

CNA FinancialCNA Financial Corporation (NYSE: CNA) is a financial corporation based in Chicago, Illinois, United States, and noted for its 600-foot (180 m) tall red headquarters building, CNA Center. Its principal subsidiary,

 Continental Casualty Company (CCC) was founded in 1897. CNA celebrated its centennial in 1997. CNA (the parent company) was incorporated in 1967.
Continental Assurance Company of North America was founded in Detroit in 1897. The purpose of the company was to provide accident and health insurance to railroad industry employees. This company then merged with the Metropolitan Accident Company, changed its name to the Continental Casualty Company, and moved to Chicago.
The National Fire Insurance Company was acquired in 1956, and in the 1963 the American Casualty Company was acquired. The first letters of each of the original companies were merged to form the acronym CNA. It was then referred to as the Continental National American Group, now it simply goes by CNA.
On January 1, 2004, CNA sold its Group Benefits division to The Hartford, based in Hartford, Connecticut. The Hartford merged its new purchase with its own Group Benefits Division. With the sale of this division came the end of CNA’s long history as a multi line insurer.
The primary business focus of CNA is to provide commercial property and casualty insurance to businesses and professionals. CNA markets its products and services primarily through independent agents and brokers.
CNA itself is 89% owned by a holding company, Loews. This holding company also has interests in offshore oil and gas drilling rigs, natural gas transmission pipelines, tobacco, and in hotel operations.

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