Loews Corporation, through its subsidiaries, operates as a commercial property and casualty insurance company. Subsidiaries The company’s subsidiaries include CNA Financial Corporation (CNA); Diamond Offshore Drilling, Inc. (Diamond Offshore); Boardwalk Pipeline Partners, LP (Boardwalk Pipeline); HighMount Exploration & Production LLC (HighMount); and Loews Hotels Holding Corporation (Loews Hotels). CNA CNA operates as an insurance holding company. CNA’s property and casualty and remaining life and group insurance operations are primarily conducted by Continental Casualty Company, and The Continental Insurance Company and certain other affiliates. CNA’s insurance products primarily include commercial property and casualty coverages, including surety. CNA’s services include risk management, information services, warranty, and claims administration. CNA’s products and services are primarily marketed through independent agents, brokers, and managing general underwriters to various customers, including small, medium, and large businesses; insurance companies; associations; professionals; and other groups. CNA’s property and casualty field structure consists of 49 underwriting locations across the United States. In addition, CNA has underwriting and claim capabilities in Canada and Europe. CNA Specialty CNA Specialty includes the following business groups: Management & Professional Liability: Management & Professional Liability provides management and professional liability insurance and risk management services, and other specialized property and casualty coverages in the United States. This group provides professional liability coverages to various professional firms, including architects, real estate agents, small and mid-sized accounting firms, law firms, and other professional firms. Management & Professional Liability also provides directors and officers, employment practices, fiduciary and fidelity coverages. Specific areas of focus include small and mid-size firms, public, as well as privately held firms and not-for-profit organizations, where tailored products for these client segments are offered. Products within Management & Professional Liability are distributed through brokers, independent agents, and managing general underwriters. Management & Professional Liability, through CNA HealthPro, also offers insurance products to serve the health care industry. Products include professional and general liability, as well as associated standard property and casualty coverages, and are distributed on a national basis through brokers, independent agents, and managing general underwriters. Major customer segments include aging services, allied medical facilities, life sciences, dentists, doctors, hospitals, and nurses and other medical practitioners. International: International provides similar management and professional liability insurance, and other specialized property and casualty coverages, through similar distribution channels, in Canada and Europe. Surety: Surety offers small, medium, and large contract, and commercial surety bonds. CNA Surety provides surety and fidelity bonds in all 50 states through a network of independent agencies. Warranty and Alternative Risks: Warranty and Alternative Risks provides extended service contracts and related products that provide protection from the financial burden associated with mechanical breakdown and other related losses, primarily for vehicles and portable electronic communication devices. CNA Commercial CNA Commercial’s property products include standard and excess property coverages, as well as marine coverage, and boiler and machinery. Casualty products include standard casualty insurance products, such as workers’ compensation, general and product liability, commercial auto and umbrella coverages. CNA also offers specialized loss-sensitive insurance programs to those customers viewed as higher risk and less predictable in exposure. These property and casualty products are offered as part of CNA’s Small Business, Commercial and International insurance groups. CNA’s Small Business insurance group serves its smaller commercial a
loews corp (L:New York Consolidated)
667 Madison Avenue
New York, NY 10065
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