Chicago-based commercial lines insurer CNA announced that its chief financial officer, Robert V. Deutsch, will step down once a replacement is found. CNA reported a first-quarter loss of $125 million thanks to the sale of its life insurance benefits unit.
Deutsch joined the carrier, the fourth-largest commercial lines insurer in the country, in 1999 and is reported to be retiring for family reasons. His family lives in Hartford, Conn.
Was this article valuable?
Here are more articles you may enjoy.
Berkshire Utility Presses Wildfire Appeal With Billions at Stake 
Navigators Can’t Parse ‘Additional Insured’ Policy Wording in Georgia Explosion Case 
LA County Told to Pause $4B in Abuse Payouts as DA Probes Fraud Claims 
One out of 10 Cars Sold in Europe Is Now Made by a Chinese Brand 
Want to stay up to date?
Get the latest insurance news
sent straight to your inbox.