CNA Financial

UFG Appoints Kelly Walsh Chief Underwriting Officer

Retrieved on: 
Friday, December 15, 2023
UFCS, UFG, Mathematics, University, Insurance, CNA Financial, MBA, Statistics, Management

CEDAR RAPIDS, Iowa, Dec. 15, 2023 (GLOBE NEWSWIRE) -- United Fire Group Inc. (Nasdaq: UFCS) (UFG) is pleased to announce the appointment of Kelly Walsh as chief underwriting officer, effective December 27, 2023.

Key Points: 
  • CEDAR RAPIDS, Iowa, Dec. 15, 2023 (GLOBE NEWSWIRE) -- United Fire Group Inc. (Nasdaq: UFCS) (UFG) is pleased to announce the appointment of Kelly Walsh as chief underwriting officer, effective December 27, 2023.
  • As chief underwriting officer, Walsh will lead all underwriting functions at UFG, maintaining full profit and loss and strategic accountability across all lines of business, applying a high level of underwriting governance and rigor to each business unit.
  • “With her deep underwriting expertise, actuarial background and strong leadership skills, Kelly is ideally suited to lead the underwriting organization,” said UFG Executive Vice President and Chief Operating Officer Julie Stephenson.
  • We are excited to welcome her to the leadership team and look forward to her many valuable contributions.”
    “It is an honor to serve as chief underwriting officer,” added Walsh.

AM Best Affirms Credit Ratings of CNA Financial Corporation and Its Subsidiaries

Retrieved on: 
Friday, December 15, 2023
Insurance, Professional Services, Pressure, NYSE, ERM, CNA, CNA Financial, Credit, Long-Term Capital Management, CNAF, AM Best, Loews Corporation, Good, News, FSR, ALL, Risk management, Security (finance)

AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) of the property/casualty (P/C) subsidiaries of CNA Financial Corporation (CNAF) [NYSE: CNA], collectively known as CNA Insurance Companies (CNA).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) of the property/casualty (P/C) subsidiaries of CNA Financial Corporation (CNAF) [NYSE: CNA], collectively known as CNA Insurance Companies (CNA).
  • Concurrently, AM Best has affirmed the Long-Term ICR of “bbb+” (Good) and all existing Long-Term Issue Credit Ratings (Long-Term IR) of CNAF.
  • The ratings also acknowledge the historical financial support provided by CNA’s diversified 91.7%-shareholder ultimate parent, Loews Corporation.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .

The Hanover Appoints Stephen P. Marohn President, Specialty Property and Casualty

Retrieved on: 
Monday, November 20, 2023
Hanover Insurance, NYSE, Ohio State University, National accounts, THG, CNA, Charles Marohn, Chartered Property Casualty Underwriter, Gamma Iota Sigma, Insurance, HSIB, Small business, Great Lakes region, Marketing, AIG, CNA Financial, CPCU, Management

WORCESTER, Mass., Nov. 20, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced it has appointed Stephen P. Marohn president of specialty property and casualty.

Key Points: 
  • WORCESTER, Mass., Nov. 20, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced it has appointed Stephen P. Marohn president of specialty property and casualty.
  • In this role, Marohn will be responsible for leading the company's excess and surplus (E&S) business, specialty industrial business, Hanover Programs, specialty general liability and Hanover Specialty Insurance Brokers (HSIB).
  • With more than 30 years of wide-ranging industry experience and an accomplished background in commercial and specialty property and casualty insurance, Marohn most recently served as senior vice president of small business at CNA Insurance.
  • "We are very pleased to welcome Steve to our company and to this important role within our specialty business," said Bryan J. Salvatore, executive vice president and president of specialty at The Hanover.

NFP Appoints Tyler James North American Construction Property Broking Leader

Retrieved on: 
Tuesday, November 7, 2023
Zurich Insurance Group, P&C, Insurance, Renewable energy, Engineering News-Record, NFP, Wildfire, Arthur J. Gallagher & Co., Flood, Environment, CNA Financial, Risk, News Record, Infrastructure

NEW YORK, Nov. 7, 2023 /PRNewswire-PRWeb/ -- NFP, a leading property and casualty (P&C) broker, benefits consultant, wealth manager and retirement plan advisor, today announced it has hired Tyler James and appointed him as North American construction property broking leader. In this role, James will be responsible for the company's construction property lines, including builders risk, contractors equipment and fixed property coverages. James will support clients as they manage their risk exposures by leading the company's efforts to develop customized solutions and leveraging his deep experience as a broker and underwriter. He will report to Adrian Pellen, coleader of NFP's Construction and Infrastructure group.

Key Points: 
  • Industry veteran brings expertise encompassing large real estate, manufacturing, renewable energy and infrastructure projects
    NEW YORK, Nov. 7, 2023 /PRNewswire-PRWeb/ -- NFP , a leading property and casualty (P&C) broker, benefits consultant, wealth manager and retirement plan advisor, today announced it has hired Tyler James and appointed him as North American construction property broking leader.
  • In this role, James will be responsible for the company's construction property lines, including builders risk, contractors equipment and fixed property coverages.
  • "Tyler is an extraordinary talent, and I am absolutely thrilled that he is joining our Construction and Infrastructure team," said Pellen.
  • Most recently, James served as Midwest construction property manager for Zurich North America, where he implemented underwriting strategies, managed broker and client relationships, and identified product and coverage innovation.

Hawthorn Bancshares, Inc. Announces Directorate Appointment

Retrieved on: 
Friday, October 27, 2023
Knowledge, Principal, Property, CNA, Financial adviser, Senior, Wharton School of the University of Pennsylvania, CNA Financial, Property & Casualty Management Systems, University, Management, Economics

JEFFERSON CITY, Mo., Oct. 27, 2023 (GLOBE NEWSWIRE) -- Hawthorn Bancshares, Inc. (NASDAQ: HWBK), the parent company of Hawthorn Bank, announced today that Douglas T. Eden has been appointed independent, non-executive director to both Hawthorn Bancshares and Hawthorn Bank’s board of directors effective October 25, 2023.

Key Points: 
  • JEFFERSON CITY, Mo., Oct. 27, 2023 (GLOBE NEWSWIRE) -- Hawthorn Bancshares, Inc. (NASDAQ: HWBK), the parent company of Hawthorn Bank, announced today that Douglas T. Eden has been appointed independent, non-executive director to both Hawthorn Bancshares and Hawthorn Bank’s board of directors effective October 25, 2023.
  • “We are pleased to welcome Mr. Eden to the board of directors and are confident that his experience and knowledge will expand the diversification of perspectives across our Board,” said Brent Giles, Chief Executive Officer of Hawthorn Bank and Hawthorn Bancshares, Inc.
    Mr. Eden is currently the Principal and Investment Advisor Representative of Eden Capital Management, LLC based in Lakewood Ranch, Florida.
  • Mr. Eden earned his Bachelor’s Degree in Economics from The Wharton School of the University of Pennsylvania in 1992 and worked in the Property & Casualty Insurance Industry for 24 years serving as Senior Vice President with CNA Financial in Chicago, Illinois, Senior Vice President with The Main Street America Group in Jacksonville, Florida and Executive Vice President with Selective Insurance Company in Branchville, New Jersey.
  • Mr. Eden is an active investor, privately managing assets for more than 25 years and from 2012-2014 he served on the Investment Committee of the Main Street America Group with oversight of the Property & Casualty insurer’s $2 Billion investment portfolio.

CNA Financial to Report Third Quarter 2023 Results and Host Conference Call on October 30

Retrieved on: 
Tuesday, October 10, 2023
News, CNA Financial, CNA, NYSE, International, Cryptocurrency, Internet service provider

CHICAGO, Oct. 10, 2023 /PRNewswire/ -- CNA Financial Corporation (NYSE: CNA) will report third quarter 2023 results before the market opens on Monday, October 30, 2023.

Key Points: 
  • CHICAGO, Oct. 10, 2023 /PRNewswire/ -- CNA Financial Corporation (NYSE: CNA) will report third quarter 2023 results before the market opens on Monday, October 30, 2023.
  • The news release, earnings presentation and financial supplement will be available on CNA's website at www.cna.com .
  • A conference call for investors and analysts is scheduled for 8 a.m. CT and will be hosted by Dino E. Robusto, Chairman & Chief Executive Officer of CNA Financial Corporation.
  • Those interested in participating in the question and answer session should dial (844) 481-2830 (USA Toll Free) or +1 (412) 317-1850 (International).

AM Best Affirms Credit Ratings of CNA Financial Corporation and Its Subsidiaries

Retrieved on: 
Thursday, August 17, 2023
Insurance, Professional Services, Pressure, Good, AM Best, Loews Corporation, CNA Financial, ALL, ERM, Long-Term Capital Management, Credit, CNA, CNAF, FSR, AM, News, NYSE, Security (finance), Risk management

AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) of the property/casualty (P/C) subsidiaries of CNA Financial Corporation (CNAF) [NYSE: CNA], collectively known as CNA Insurance Companies (CNA).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) of the property/casualty (P/C) subsidiaries of CNA Financial Corporation (CNAF) [NYSE: CNA], collectively known as CNA Insurance Companies (CNA).
  • Concurrently, AM Best has affirmed the Long-Term ICR of “bbb+” (Good) and all existing Long-Term Issue Credit Ratings (Long-Term IR) of CNAF.
  • The ratings also acknowledge the historical financial support provided by CNA’s diversified 91.7%-shareholder ultimate parent, Loews Corporation.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .

Global Launch of Trustmi: Cyber-Fintech Company Revolutionizes Payment Security Solutions

Retrieved on: 
Wednesday, July 26, 2023
Software, Payments, Finance, Data Management, Professional Services, Technology, Fintech, Security, DNA, CNA Financial, Trusted Network Connect, Insurance, Trust, Lead, General partnership, Research, Cynet, CFOS, Investment, Audible, FAB-500, Chegg, Colgate-Palmolive, Fraud, Cryptocurrency, Online shopping

B2B payment fraud has become the most vulnerable attack surface in recent years, with billions of dollars lost in business email compromise yearly.

Key Points: 
  • B2B payment fraud has become the most vulnerable attack surface in recent years, with billions of dollars lost in business email compromise yearly.
  • Trustmi takes a holistic approach to overcome the fragmentation of payment processes by providing a flexible solution that seamlessly integrates into existing organizational workflows.
  • “Our ambition as a company is to take the lead and redefine the global security market, leveraging our full potential to address this critical challenge.
  • “The security assessment that the Trustmi team provided was comprehensive, and we received it in less than two weeks,” said Alexander Schuchman, Chief Information Security Officer at Colgate-Palmolive Company.

AMERISAFE Announces Appointment of Ray Wise as Executive Vice President - Chief Sales Officer

Retrieved on: 
Wednesday, July 19, 2023
Professional Services, Insurance, Human Resources, Finance, Agriculture, Canada Employment Insurance Financing Board, Senior, CNA Financial, Management

AMERISAFE, Inc. (Nasdaq: AMSF), a specialty provider of workers’ compensation insurance focused on high hazard industries, today announced that Ray Wise will be joining the company as Executive Vice President - Chief Sales Officer.

Key Points: 
  • AMERISAFE, Inc. (Nasdaq: AMSF), a specialty provider of workers’ compensation insurance focused on high hazard industries, today announced that Ray Wise will be joining the company as Executive Vice President - Chief Sales Officer.
  • Ray comes to AMERISAFE with more than 30 years of insurance and leadership experience, most recently serving as Senior Vice President – Chief Sales Officer for Employers Insurance.
  • Wise has had leadership roles with Vanliner Insurance Company, CNA Financial and The Hartford.
  • G. Janelle Frost, AMERISAFE's President and Chief Executive Officer, stated, "Ray’s background in driving results through customer experience will play an integral role in our sales strategy and responsiveness to an extremely competitive worker’s compensation market.

CNA Financial to Report Second Quarter 2023 Results and Host Conference Call on July 31

Retrieved on: 
Tuesday, July 11, 2023
CNA Financial, International, News, NYSE, CNA, Cryptocurrency, Internet service provider

CHICAGO, July 11, 2023 /PRNewswire/ -- CNA Financial Corporation (NYSE: CNA) will report second quarter 2023 results before the market opens on Monday, July 31, 2023.

Key Points: 
  • CHICAGO, July 11, 2023 /PRNewswire/ -- CNA Financial Corporation (NYSE: CNA) will report second quarter 2023 results before the market opens on Monday, July 31, 2023.
  • The news release, earnings presentation and financial supplement will be available on CNA's website at www.cna.com .
  • A conference call for investors and analysts is scheduled for 8 a.m. CT and will be hosted by Dino E. Robusto, Chairman & Chief Executive Officer of CNA Financial Corporation.
  • Those interested in participating in the question and answer session should dial (844) 481-2830 (USA Toll Free) or +1 (412) 317-1850 (International).