July 23, 2010

ASBESTOS UPDATE: CNA Transfers Liabilities to National Indemnity

COMPANIES: CNA Financial Corp
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CNA Financial Corporation announced on July 15, 2010 that its subsidiary, Continental Casualty Company, has agreed with National Indemnity Company (NICO), under which the CNA companies’ legacy asbestos and environmental pollution liabilities will be transferred to NICO, according to a…

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TOPICS: Asbestos | General News | Insurance | Legal Issues, Litigation
LOCATIONS: Illinois | United States