CNA Gets $1.25B Capital Infusion, CEO Plans Early Exit

(Reuters) — Loews Corp., a conglomerate run by the billionaire Tisch family, said on Monday it would inject up to $1.25 billion of new capital into its CNA Financial Corp. commercial insurance unit after soured investments led to quarterly losses at both companies. CNA agreed to suspend its ...

Copyright CRAIN - Crain's
Contact Us