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CNA Introduces Enhanced Employment Practices Liability Coverage.


CHICAGO -- CNA (Certified NetWare Administrator) See Novell certification.  (NYSE NYSE

See: New York Stock Exchange
:CNA) announces another step in its updated and enhanced suite of management and professional liability products by introducing a stand-alone 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.
) product. The new coverage, EPL Solutions, is targeted to publicly-traded commercial companies, financial institutions and financial service organizations. In addition, EPL Solutions includes expanded definitions and enhanced coverages which address the changing employment world.

"The area of Employment Practices presents a dynamic liability environment," said Dan Fortin Dan Fortin is president of IBM Canada Ltd., and thus is responsible for strategic and day-to-day operations of IBM in Canada. Named to his current position in January 2005, Fortin leads 20,000 staff. , senior vice president, CNA Specialty Lines. "The recent spotlight on cases of harassment Ask a Lawyer

Question
Country: United States of America
State: Nevada

I recently moved to nev.from abut have been going back to ca. every 2 to 3 weeks for med.
, age discrimination and multiple plaintiff complaints, along with the changing expectations of society, requires a flexible approach to providing insurance coverages. We have responded to the needs of the market by introducing this updated and enhanced coverage."

CNA's EPL Solutions offers limits up to $15 million, and is a vital part of the suite of coverages that are offered to clients through its distribution network of agents and brokers. This is the latest effort by CNA Pro to keep its offerings current and timely. Further announcements are scheduled to highlight Fiduciary Liability, Management Liability/EPL for Law Firms This list of the world's largest law firms by revenue is taken from The Lawyer and The American Lawyer and is ordered by 2006 revenue:[1]
  1. Clifford Chance, £1,030.2m – International law firm (headquartered in the UK);
  2. Linklaters, £935.
, and Management Liability for Private Equity Firms, Hedge Funds hedge fund, in finance, a highly speculative, largely unregulated investment device. Originating in the 1950s, the funds "hedge" by offsetting "short" positions (borrowing a security and then selling it at a higher price before repaying the lender) against "long" , and Real Estate Investment Trusts.

For additional information, call your local agent or visit the website at http://www.cnapro.com/html/Our_Products/OurProducts_EPL.html.

CNA is the country's seventh largest commercial insurance writer and the 14th largest property and casualty company. CNA's insurance products include standard commercial lines, specialty lines, surety, marine and other property and casualty coverages. CNA's services include risk management, information services See Information Systems. , underwriting, risk control and claims administration. 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.
 AND DISCLAIMER

This press release includes statements which relate to anticipated future events (forward-looking statements) rather than actual 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 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 policies may not be available in all states.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Oct 18, 2005
Words:505
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