CNA Names Walter Harris to Board of Directors; New York-based insurance executive is President and Chief Executive Officer of Tanenbaum-Harber Company, Inc. & Affiliates.

Business Editors

CHICAGO--(BUSINESS WIRE)--Feb. 23, 2001

CNA Financial Corporation (NYSE: CNA), the nation's second largest commercial insurer, today announced that Walter L. Harris, President and Chief Executive Officer of Tanenbaum-Harber Company, Inc. will become the newest member of CNA's Board of Directors.

A graduate of Stanford University, Boalt Hall School of Law (Berkeley, CA), and New York University School of Law, Mr. Harris also serves on the board of Metropolitan National Bank. He is also active in insurance industry activities serving on the boards of the Council of Insurance Agents and Brokers, Insurance Brokers Association of New York, and the National Association of Insurance Brokers.

Mr. Harris is also active in charitable organizations such as Henry Kaufmann Campgrounds, United Jewish Appeal (UJA), and the Citizens Budget Committee, a non-profit group that examines and reports on New York City and State government financial issues.

CNA is a leading insurance organization serving individuals and businesses with a broad range of insurance products and insurance-related services. Since 1897, CNA has built on a foundation of financial strength, stability and commitment to customers and business partners. Visit CNA at www.cna.com. CNA is a registered service mark, trade name, and domain name of CNA Financial Corporation.