CNA International Offers Expanded International Coverage With New WORLDPASS Program.CHICAGO--(BUSINESS WIRE)--May 18, 1999-- CNA (Certified NetWare Administrator) See Novell certification. International, a business unit 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, today announced new protection for companies doing business around the globe with the introduction of its new WORLDPASS(SM) Program. This new commercial policy incorporates locally-admitted insurance policies with additional coverage components to create a single, comprehensive controlled master program. WORLDPASS helps protect U.S. companies with international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. from potential foreign risks and exposures. The new WORLDPASS Program offers one-stop-shopping for companies doing business abroad through a host of coverage components including property, business income, general liability, workers compensation and auto liability, as well as confiscation confiscation In law, the act of seizing property without compensation and submitting it to the public treasury. Illegal items such as narcotics or firearms, or profits from the sale of illegal items, may be confiscated by the police. Additionally, government action (e.g. , expropriation The taking of private property for public use or in the public interest. The taking of U.S. industry situated in a foreign country, by a foreign government. Expropriation is the act of a government taking private property; Eminent Domain is the legal term describing the and nationalization nationalization, acquisition and operation by a country of business enterprises formerly owned and operated by private individuals or corporations. State or local authorities have traditionally taken private property for such public purposes as the construction of coverage. The program's new kidnap and ransom ransom, price of redemption demanded by the captor of a person, vessel, or city. In ancient times cities frequently paid ransom to prevent their plundering by captors. The custom of ransoming was formerly sanctioned by law. coverage offers protection for employees who work and travel abroad, and provides coverage for adverse situations. Additional coverage can be purchased to cover marine, transit, boiler and machinery, employee theft and dishonesty dis·hon·es·ty n. pl. dis·hon·es·ties 1. Lack of honesty or integrity; improbity. 2. A dishonest act or statement. Noun 1. , and crime exposures. "We've designed a program that makes overseas coverage more easily attainable to customers while providing our agents and brokers with an attractive, easy-to-use package," said Paul Hennessy, chief 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. officer with CNA International. "WORLDPASS provides multinational customers with simplified, central control and consistent protection throughout the world." A host of value-added coverage and services also is available at no charge to WORLDPASS customers including international travel assistance for all covered employees; emergency medical referral; emergency medical evacuation; emergency cash and messages; legal referral/advance bail; translation services; and transportation and lodging booking. The WORLDPASS program complements CNA International's other programs, such as its Passport program, which offers coverage for incidental foreign exposure for companies that do not need the locally-admitted insurance policies offered through WORLDPASS. All WORLDPASS customers are supported by CNA International's 24-hour toll-free claims information, as well as a network of highly-trained teams of claims representatives, underwriters, and loss control specialists who arrange for foreign insurance policies and services in more than 100 countries worldwide, and place local coverage and quality services. The WORLDPASS Program is underwritten by one or more CNA companies. To learn more about how to obtain a WORLDPASS solution, or for the name of a local contact, call Larry Nelligan at 312-822-7780, or Michael Knudtzon at 818-226-5215. CNA International offers customized, comprehensive insurance products and services to address the needs of U.S. and multinational commercial enterprises doing business in foreign locations around the world. Throughout the years, U.S.-based companies have come to rely on CNA as the single source for their domestic and international insurance coverage and services. CNA is one of the world's premier insurance organizations. With 1998 revenues of $17.1 billion, CNA ranks among the top 10 U.S. insurance groups. Headquartered in Chicago, CNA serves individuals and businesses with a broad range of insurance products and insurance-related services. Since 1897, CNA has built its business on a foundation of financial strength, stability and commitment to customers and business partners. Visit CNA at www.cna.com on the World Wide Web. CNA is a registered service mark, trade name and domain name of CNA Financial Corporation (NYSE NYSE See: New York Stock Exchange :CNA). |
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