CNA Financial enhances BPL and Insurance Company E&O coverages

Jun 26, 2008 (Datamonitor via COMTEX) -- CNA | Quote | Chart | News | PowerRating -- CNA Financial has enhanced the policy forms for its Bankers' Professional Liability and Insurance Company Errors & Omissions Solutions coverages.

The company said that the enhanced policies include many of the most up-to-date coverages available in the marketplace including modernized forms, broad professional services definitions, and changes to terms and exclusions.

The new Bankers' Professional Liability (BPL) and monoline Insurance Company Errors & Omissions (E&O) Solutions policy forms provide a professional liability approach to banking institutions and insurance companies, said Tom Kocaj, vice president of underwriting at CNA.

For both coverages CNA offers limits up to $15 million. The BPL is targeted to banks with $1 billion or more in assets; while Insurance Company E&O Solutions is targeted to all insurance companies other than managed care providers and title insurance companies.

http://www.datamonitor.com

Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Datamonitor shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon

Morning Coffee with TradingMarkets -- Free Newsletter

More News:   Market Updates | Stock Alerts | All Trading News | Stock Index