CNA Pro Announces Their New E-Pack Policy That Addresses the Special Needs of Small to Mid-Sized Private Companies.

Business Editors

NEW YORK--(BUSINESS WIRE)--Aug. 28, 2000

CNA Pro has introduced a new policy called E-Pack, designed to serve the unique needs of small to mid-size privately held companies.

CNA Pro's E-Pack is a comprehensive, management liability insurance policy that offers protection against the risks of today's business environment. E-Pack provides Employment Practices Liability, Miscellaneous Professional Liability, Directors & Officers Liability, Entity Liability and Fiduciary Liability coverage.

The policy offers applicants the flexibility to purchase a single coverage or a combination of two or more coverages. Limits and retentions can be shared between coverages or be separate for each coverage. E-Pack is currently being filed throughout the United States and once this process is complete it will be one of the few approved forms in the country that offers both Miscellaneous Professional Liability and Employment Practices Liability.

"We are delighted to introduce this new policy, which was developed to continue our profound commitment to deliver the products and services our customers desire. We listened to our customers and realized that there was a strong market need for a flexible policy that businesses can adapt and customize to meet their specific needs," said John Brand, Managing Director of CNA Pro.

Other important features of E-Pack include CNA's duty to defend, which provides small to mid-size companies with an extra measure of security. The Insured is free to continue the day to day affairs of the business, while CNA assumes all obligations of investigating and defending covered claims. Punitive damages are also covered, where insurable by law, and there are no exclusions for acts occurring prior to the policy period for most coverage parts. This means that acts that occurred before an E-Pack policy was in place may still be covered. Coverage for bankruptcy proceedings and spousal liability is also automatically included. For more information about E-Pack, contact CNA Pro at 800-852-0393 or log onto www.cnapro.com

CNA Pro is the specialty insurance arm of Chicago-based CNA, one of the world's leading insurance organizations and one of the largest U.S. insurance groups. 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 CNA is a registered service mark, trade name and domain name of CNA Financial Corporation: (NYSE:CNA).

The E-Pack program is underwritten by one or more of the CNA companies. CNA is a registered service mark, trade name and domain name of CNA Financial Corporation. This information is for illustrative purposes only and is not a contract. It is intended to provide only a general overview of the products and services offered. Only the policy can provide the actual description of terms, services, conditions and exclusions. All coverages not available in all states. (c) 2000, Continental Casualty Company.