CNA Appoints Brian Loebach Senior Vice President, Warranty and Alternative Risks

CHICAGO--()--CNA Financial Corporation (NYSE: CNA) announced that Brian Loebach has been appointed senior vice president of Warranty and Alternative Risks. In this newly created position, Loebach will be responsible for leadership and profitable growth of CNA’s warranty business which includes CNA National Warranty Corporation and a long-standing relationship with a third party administrator of extended service plans. A wholly owned subsidiary of CNA, CNA National is a recognized leader in the vehicle service contract industry.

“Brian has a 30-year career with CNA, and we feel confident that he will strategically build on the success of these two businesses as he focuses on driving strategies, analytics and accountabilities,” said Peter Wilson, president and chief operating officer, CNA Specialty.

Loebach joined CNA in 1979 and during his tenure has moved into positions of increasing responsibility. Most recently, he served as senior finance officer for CNA Specialty and was responsible for the financial analysis, oversight and governance for its domestic and international operations.

Founded in 1982 and headquartered in Scottsdale, Arizona, CNA National Warranty (CNAN) offers a choice of program structures as well as GAP coverage and tire-and-wheel protection. Since 1995, CNAN has held the exclusive endorsement of the American International Automobile Dealers Association; and, since 2005, has been named Best Service Contract Provider by Auto Dealer Monthly's Dealers' Choice Awards.

Serving businesses and professionals since 1897, CNA is the country’s seventh largest commercial insurer and the 13th 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. For more information, please visit CNA at www.cna.com. CNA is a registered trademark of CNA Financial Corporation.

FORWARD-LOOKING STATEMENT

This press release may include statements which relate to anticipated future events (forward-looking statements) rather than actual present conditions or historical events. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and generally include words such as “believes”, “expects”, “intends”, “anticipates”, “estimates”, and similar expressions. Forward-looking statements, by their nature, are subject to a variety of inherent risks and uncertainties that could cause actual results to differ materially from the results projected. Many of these risks and uncertainties cannot be controlled by CNA. For a detailed description of these risks and uncertainties please refer to CNA’s filings with the Securities and Exchange Commission, available at www.cna.com.

Any forward-looking statements made in this press release are made by CNA as of the date of this press release. Further, CNA does not have any obligation to update or revise any forward-looking statement contained in this press release, even if CNA’s expectations or any related events, conditions or circumstances change.

Contacts

CNA Financial Corporation
Media Contact:
Katrina Parker, 312/822-5167

Contacts

CNA Financial Corporation
Media Contact:
Katrina Parker, 312/822-5167