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CNA Enhances Its CNA Connect(R) Product.


Employment Practices and Fiduciary fiduciary (fĭd`shēĕ'rē), in law, a person who is obliged to discharge faithfully a responsibility of trust toward another.  Liability Offered for Most Businesses

CHICAGO -- For many business owners, lawsuits based on hiring practices, benefits programs or workplace practices can lead to million-dollar judgments and unmanageable exposure. Through its CNA (Certified NetWare Administrator) See Novell certification.  Connect([R])product, Employment Practices Liability (EPL 1. EPL - Early PL/I.
2. EPL - Experimental Programming Language.
3. EPL - Eden Programming Language. U Washington. Based on Concurrent Euclid and used with the Eden distributed OS. Influenced Emerald and Distributed Smalltalk.
) and Fiduciary Liability endorsement is designed to protect companies and individuals against such losses including damages and defense costs.

CNA is the first national property and casualty carrier to offer this kind of endorsement on a BOP (business owner policy). The global business insurer previously offered this coverage combination through separate policies; however, it is now included for most CNA Connect classes. CNA Connect offers $10,000 of first-dollar defense and indemnity Recompense for loss, damage, or injuries; restitution or reimbursement.

An indemnity contract arises when one individual takes on the obligation to pay for any loss or damage that has been or might be incurred by another individual.
 coverage for EPL and Fiduciary Liability. When protection needs go beyond this, increased limits of up to $250,000 are also available.

"Many business owners feel that they can't afford this type of insurance, but we feel that you can't afford to be without it," said Larry Illion, senior vice president, CNA's Business Insurance. "Start with these EPL and Fiduciary Liability coverages under our CNA Connect policy. Then, as your coverage or company needs grow, move to our Epack EZ(SM) or Epack(SM) options."

For more information on CNA's products and services, contact your local agent or visit the CNA Web site at www.cna.com.

CNA is the country's seventh largest commercial insurance writer and the 13th largest property and casualty company. CNA's insurance products include standard commercial lines, specialty lines, surety An individual who undertakes an obligation to pay a sum of money or to perform some duty or promise for another in the event that person fails to act.


surety n.
, marine and other property and casualty coverages. CNA services include risk management, information services See Information Systems. , underwriting Underwriting

1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt).

2. The process of issuing insurance policies.
, risk control and claims administration. For more information, please visit CNA at www.cna.com. CNA is a registered service mark, trade name and domain name of CNA Financial CNA Financial Corporation (NYSE: CNA) is a financial corporation based in Chicago, Illinois, United States, and noted for its 600 foot tall red headquarters building there. Its principal subsidiary, Continental Casualty Company (CCC) was founded in 1897.  Corporation.

FORWARD-LOOKING STATEMENT forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 

This press release includes statements which relate to anticipated future events (forward-looking statements) rather than actual present conditions or historical events. You can identify forward-looking statements because generally they include words such as "believes", "expects", "intends", "anticipates", "estimates", and similar expressions. Forward-looking statements, by their nature, are subject to a variety of inherent risks and uncertainties that could cause actual results to differ materially from the results projected. Many of these risks and uncertainties cannot be controlled by CNA. For a detailed description of these risks and uncertainties please refer to CNA's filings with the Securities and Exchange Commission, available at www.cna.com.

Any forward-looking statements made in this press release are made by CNA as of the date of this press release. CNA does not have any obligation to update or revise any forward-looking statement contained in this press release, even if CNA's expectations or any related events, conditions or circumstances CIRCUMSTANCES, evidence. The particulars which accompany a fact.
     2. The facts proved are either possible or impossible, ordinary and probable, or extraordinary and improbable, recent or ancient; they may have happened near us, or afar off; they are public or
 change.

Any descriptions of coverage under CNA policies or programs in this press release are provided for convenience only and are not to be relied upon with respect to questions of coverage, exclusions or limitations. With regard to all such matters, the terms and provisions of relevant insurance policies are primary and controlling. In addition, please note that all coverages may not be available in all states.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved.

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Publication:Business Wire
Date:Oct 17, 2007
Words:515
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