CNA Financial Corporation


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Bankruptcy judge OKs Oakfabco's liquidation plan withdrawal, but blasts lawyers; Oakfabco requests mediation

By Jonathan Bilyk | Aug 9, 2018

Even as the company has requested the chance to head to mediation to resolve differences between its insurers and trial lawyers representing tens of thousands of asbestos claimants, a federal bankruptcy judge has granted bankrupt boiler maker Oakfabco’s request to abruptly withdraw its liquidation proposal, leaving unsettled for now how the company will continue through bankruptcy and wind down those asbestos-related personal injury claims.

Class action: CNA Financial improperly raised long-term care insurance policy rates

By Scott Holland | May 11, 2018

CNA Financial Corp. is facing a federal class action complaint accusing it of improperly raising rates on long-term policyholders.

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