By MarketNewsVideo Concur Technologies (CNQR) was downgraded by Oppenheimer (OPY) from perform to underperform as the firm believes that it will be a struggle for the company to meet organic growth expectations. …read more
Source: FULL ARTICLE at Forbes Markets
By Business Wirevia The Motley Fool
Filed under: Investing
CNA Chosen as Exclusive, Endorsed Professional Liability Insurance Carrier for Pennsylvania Bar Association
CHICAGO–(BUSINESS WIRE)– CNA today announced that with the recommendation of USI Affinity, it was chosen as the exclusive, endorsed professional liability (PL) insurance carrier by the Pennsylvania Bar Association (PBA). USI Affinity is CNA‘s exclusive PL distribution partner in the state of Pennsylvania.
As the market leader in professional liability insurance, CNA was selected because of its proven track record and superior underwriting, claim, risk, ease of doing business and actuarial expertise, especially when compared to CNA‘s competitors. The PBA supports more than 28,000 lawyers by equipping them with benefits, services and information they need to successfully practice law in Pennsylvania.
“What we have developed with USI Affinity and CNA is a truly world-class, industry-leading program and one that is worthy of the PBA and PBA members,” said Barry M. Simpson, Esq., Pennsylvania Bar Association Executive Director. “We are confident that the new professional liability insurance policy is better than what we have been offering, and in some areas significantly so.”
“This win reinforces the fact that CNA is the clear market of choice for lawyers’ professional liability insurance. Uncovering the needs of the PBA and crafting solutions through our product and service offerings played a significant role in acquiring the PBA endorsement. CNA is very excited about the new business opportunities in PA and looks forward to working with the PBA and expanding further its relationship with USI,” said Mike Furlong, Vice President, Underwriting, CNA.
Only CNA delivers the unique combination of financial strength, industry-leading experience and a broad product portfolio that spans professional liability and other coverages relevant to the legal field including a small business owners package, cyber liability, property, commercial general liability, worker’s compensation, commercial auto, employment practices liability, fidelity/commercial crime and directors & officers options. Additionally, CNA offers a localized, dedicated customer service team – including risk control and claim professionals who are highly experienced in managing risks and claims involving the legal field. For more information on CNA products and services for lawyers, please visit www.cna.com/professionalservices.
About the Pennsylvania Bar Association
Founded in 1895, the Pennsylvania Bar Association strives to promote justice, professional excellence and respect for the law; improve public understanding of the legal system; facilitate access to legal services; and serve the 28,000 lawyers who are members of the association.
Looking at the universe of stocks we cover at Dividend Channel, on 2/13/13, Protective Life Corp. (NYSE: PL) will trade ex-dividend, for its quarterly dividend of $0.18, payable on 3/4/13. As a percentage of PL‘s recent stock price of $31.73, this dividend works out to approximately 0.57%, so look for shares of Protective Life Corp. to trade 0.57% lower ? all else being equal ? when PL shares open for trading on 2/13/13.
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen » or click here to find out which 9 other stocks going ex-dividend you should know about, at DividendChannel.com » …read more
Source: FULL ARTICLE at Forbes Markets
