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CNA Celebrates April/Community Banking Month with Customized Epack Extra® Product for Community Banks

03/25/2011

CHICAGO--(BUSINESS WIRE)-- In April, CNA will join other members of the Independent Community Bankers of America (ICBA) to celebrate Community Banking Month with the announcement of its customized Epack Extra® form for Community Banks. The global business insurer’s program is targeted to commercial banks, savings banks, savings and loan institutions and credit unions with less than $3 billion in assets. De novo institutions are also eligible for coverage.

Epack Extra for Community Banks includes expanded and simplified coverages for Directors & Officers (D&O), Employment Practices Liability (EPL), Fiduciary Liability, Bankers Professional Liability, Network Security & Privacy Liability and Fidelity Bond. Individual coverages can be purchased standalone or in various combinations, with discounts applied for multiple coverages. Epack Extra has been filed nationwide and is approved in over 40 states. Limits up to $10 million are available for D&O, EPL, Fiduciary, BPL, Network Security and FI Bond.

Epack Extra is among the portfolio of property-casualty coverages that CNA offers to community banks. In addition to Epack Extra, CNA Community Bank products include commercial property (including coverage for foreclosed properties), workers' compensation, general liability, auto liability (including coverage for repossessed autos) and umbrella. For more information on CNA's insurance solutions for community banks, please visit www.cna.com/communitybanks.

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

Source: CNA

Contact:

CNA

Katrina W. Parker, 312/822-5167

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