CNA Chosen As Exclusive, Endorsed Insurance Carrier For California Bankers Association

CNA recently announced that, effective May 2, it has chosen as the exclusive, endorsed insurance carrier by the California Bankers Association (CBA), one of the nation’s largest state banking trade associations. CNA was chosen because of its history of insuring banks and its demonstrated expertise in providing specialized products, risk management education and service offerings tailored specifically for financial institutions.

“CNA is proud to be named the endorsed insurance carrier for the California Bankers Association,” said Mark Tomlinson, assistant vice president - Underwriting, CNA. “We understand the unique business needs of California bankers and provide tailored property, casualty and specialty insurance coverages to respond to their exposures.”

The CNA portfolio of essential coverages for financial institutions includes: Directors & Officers, Bankers Professional Liability, Lender Liability, Employment Practices Liability, Fiduciary Liability, Property & Casualty, Cyber Liability/Information Risk, and Fidelity Bond. Additionally, CNA offers a localized, dedicated customer service team – including claim professionals who are highly experienced in managing financial institutions claims. For more information on CNA products and services for financial institutions, please visit www.cna.com/financialinstitutions.

Established 121 years ago, the California Bankers Association (CBA) is one of the largest state banking trade associations in the country. CBA leads the way in developing relevant educational and legislative solutions to some of California’s more pressing financial and banking issues, including adult financial empowerment, identity theft, financial privacy, and financial elder abuse. CBA’s membership includes nearly 200 of California’s commercial, industrial and community banks and savings associations. For more information, visit www.calbankers.com.

Serving businesses and professionals since 1897, CNA is the country’s seventh largest commercial insurance writer and the 13 th 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, underwriting, risk control and claims administration. Please remember that only the relevant insurance policy can provide the actual terms, coverages, amounts, conditions and exclusions for an insured. All products may not be available in all states and may be subject to change without notice. For more information, please visit CNA at www.cna.com. CNA is a registered trade mark of CNA Financial Corporation.

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Copyright Business Wire 2010

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