CNA Financial Corporation
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CNA Financial Corporation
CNA Financial Corporation is a financial corporation based in Chicago, Illinois, United States. Its principal subsidiary, Continental Casualty Company (CCC), was founded in 1897. CNA, the current parent company, was incorporated in 1967. CNA is the seventh largest commercial insurer in the United States as of 2018. CNA provides property and casualty insurance products and services for businesses and professionals in the U.S., Canada, Europe and Asia. CNA itself is 90% owned by a holding company, Loews Corporation. This holding company also has interests in offshore oil and gas drilling rigs, natural gas transmission pipelines, oil and gas exploration, hotel operations and package manufacturing. History Continental Assurance Company of North America was founded in Detroit in 1897. The purpose of the company was to provide accident and health insurance to railroad industry employees. This company then merged with the Metropolitan Accident Company, changed its name to the Continenta ...
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151 North Franklin
151 North Franklin (officially named CNA Center) is a skyscraper located at 151 North Franklin Avenue in the Chicago Loop. Completed in 2018 and standing at tall with 35 floors at the northeast corner of West Randolph Street and North Franklin Avenue, the building is the current corporate headquarters of namesake tenant CNA Insurance, which has been headquartered in the Loop since 1900. It also hosts large office spaces for Facebook and the law firm Hinshaw & Culbertson. History The vision for the building first became public in 2013 when renderings were availed for a 30-story building from developer John Buck designed by John Ronan. In November 2013, Buck announced $145 million of equity financing for a 36-story building with of office space. In February 2015, law firm Freeborn & Peters (Chicago's 22nd largest) signed a 15-year 5-floor letter of intent. That May, law firm Hinshaw & Culbertson (Chicago's 14th largest) signed a lease in the building. In August 2015, Freeborn ...
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Apollo 16
Apollo 16 (April 1627, 1972) was the tenth crewed mission in the United States Apollo space program, administered by NASA, and the fifth and penultimate to land on the Moon. It was the second of Apollo's " J missions", with an extended stay on the lunar surface, a focus on science, and the use of the Lunar Roving Vehicle (LRV). The landing and exploration were in the Descartes Highlands, a site chosen because some scientists expected it to be an area formed by volcanic action, though this proved to not be the case. The mission was crewed by Commander John Young, Lunar Module Pilot Charles Duke and Command Module Pilot Ken Mattingly. Launched from the Kennedy Space Center in Florida on April 16, 1972, Apollo 16 experienced a number of minor glitches en route to the Moon. These culminated with a problem with the spaceship's main engine that resulted in a six-hour delay in the Moon landing as NASA managers contemplated having the astronauts abort the mission and return to E ...
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Engineering News-Record
''Engineering News-Record'' (widely known as ''ENR'') is an American weekly magazine that provides news, analysis, data and opinion for the construction industry worldwide. It is widely regarded as one of the construction industry's most authoritative publications and is considered by many to be the "bible" of the industry. It is owned by BNP Media. The magazine's subscribers include contractors, project owners, engineers, architects, public works officials and industry suppliers. It covers the design and construction of high-rise buildings, stadiums, airports, long-span bridges, dams, tunnels, power plants, industrial plants, water and wastewater projects, and toxic waste cleanup projects. It also covers the construction industry's financial, legal, regulatory, safety, environmental, management, corporate and labor issues. ''ENR'' annually ranks the largest contractors and design firms in the U.S. and internationally. Its "construction economics" section covers the cost fluc ...
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Crain's Chicago Business
''Crain's Chicago Business'' is a weekly business newspaper in Chicago, IL. It is owned by Detroit-based Crain Communications, a privately held publishing company with more than 30 magazines, including ''Advertising Age'', ''Modern Healthcare'', ''Crain's New York Business'', ''Crain's Detroit Business'', ''Crain's Cleveland Business'', and '' Automotive News''. It has a print circulation of 53,313 and a readership of 219,693 per week. ChicagoBusiness.com, the paper's digital equivalent, draws over 1 million unique visitors per month and over 2.2 million page views per month. History The first issue of ''Crain's Chicago Business'' is dated April 17, 1978. In 1977, when Crain Communications chief Rance Crain went to Houston to give a speech to the Houston Advertising Club, he spent an afternoon listening to the publisher of the ''Houston Business Journal'' explain how his publication was developed. "I figured if a business publication worked well in Houston, it would be twic ...
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333 South Wabash
333 South Wabash (formerly CNA Center, nicknamed "Big Red") is a 600-ft (183 m), 44-story skyscraper located at 333 South Wabash Avenue in the central business district of Chicago, Illinois. Description 333 South Wabash is a simple, rectangular International Style building, but it is unique in that the entire building was painted bright red by Eagle Painting & Maintenance Company, Inc., turning an otherwise ordinary-looking structure into one of the most eye-catching buildings in the city. It was designed by the firm of Graham, Anderson, Probst & White and was completed in 1972. Occupants As of 2014, CNA occupied 65 percent of the tower. Other occupants included The Chicago Housing Authority and United Way. In December 2015, CNA announced it would sell the structure and relocate to a new facility at 151 North Franklin which would be renamed CNA Center. The company and developer, John Buck Co., expected the move to take place in summer 2018. As part of the transaction, Buck ...
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Lloyd's Of London
Lloyd's of London, generally known simply as Lloyd's, is an insurance and reinsurance market located in London, England. Unlike most of its competitors in the industry, it is not an insurance company; rather, Lloyd's is a corporate body governed by the Lloyd's Act 1871 and subsequent Acts of Parliament. It operates as a partially-mutualised marketplace within which multiple financial backers, grouped in syndicates, come together to pool and spread risk. These underwriters, or "members", are a collection of both corporations and private individuals, the latter being traditionally known as "Names". The business underwritten at Lloyd's is predominantly general insurance and reinsurance, although a small number of syndicates write term life insurance. The market has its roots in marine insurance and was founded by Edward Lloyd at his coffee house on Tower Street in 1688. Today, it has a dedicated building on Lime Street which is Grade I listed. Traditionally business is tr ...
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Berkshire Hathaway
Berkshire Hathaway Inc. () is an American Multinational corporation, multinational conglomerate (company), conglomerate holding company headquartered in Omaha, Nebraska, United States. Its main business and source of capital is insurance, from which it invests the float (the retained premiums) in a broad portfolio of subsidiaries, equity positions and other securities. The company has been overseen since 1965 by its chairman and CEO Warren Buffett and (since 1978) vice chairman Charlie Munger, who are known for their advocacy of value investing principles. Under their direction, the company's book value has grown at an average rate of 20%, compared to about 10% from the S&P 500 index with dividends included over the same period, while employing large amounts of capital and minimal debt. The company's insurance brands include auto insurer GEICO and reinsurance firm General Re. Its non-insurance subsidiaries operate in diverse sectors such as confectionery, retail, Rail transport, ...
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Hartford, Connecticut
Hartford is the capital city of the U.S. state of Connecticut. It was the seat of Hartford County until Connecticut disbanded county government in 1960. It is the core city in the Greater Hartford metropolitan area. Census estimates since the 2010 United States census have indicated that Hartford is the fourth-largest city in Connecticut with a 2020 population of 121,054, behind the coastal cities of Bridgeport, New Haven, and Stamford. Hartford was founded in 1635 and is among the oldest cities in the United States. It is home to the country's oldest public art museum (Wadsworth Atheneum), the oldest publicly funded park (Bushnell Park), the oldest continuously published newspaper (the ''Hartford Courant''), and the second-oldest secondary school (Hartford Public High School). It is also home to the Mark Twain House, where the author wrote his most famous works and raised his family, among other historically significant sites. Mark Twain wrote in 1868, "Of all the beautifu ...
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The Hartford
The Hartford Financial Services Group, Inc., usually known as The Hartford, is a United States-based investment and insurance company. The Hartford is a Fortune 500 company headquartered in its namesake city of Hartford, Connecticut. It was ranked 160th in Fortune 500 in the year of 2020. The company's earnings are divided between property-and-casualty operations, group benefits and mutual funds. The Hartford is the 13th-largest property and casualty insurance company in the United States. It sells products primarily through a network of agents and brokers, and has also been the auto and home insurance writer for AARP members for more than 25 years. History The Hartford was founded in 1810 in Hartford, Connecticut. A group of local merchants gathered in a Hartford inn and, with working capital of $15,000, founded the Hartford Fire Insurance Company. The company survived some of the greatest peacetime tragedies in American history. After a huge fire destroyed New York's financ ...
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Bloomberg Businessweek
''Bloomberg Businessweek'', previously known as ''BusinessWeek'', is an American weekly business magazine published fifty times a year. Since 2009, the magazine is owned by New York City-based Bloomberg L.P. The magazine debuted in New York City in September 1929. Bloomberg Businessweek business magazines are located in the Bloomberg Tower, 731 Lexington Avenue, Manhattan in New York City and market magazines are located in the Citigroup Center, 153 East 53rd Street between Lexington and Third Avenue, Manhattan in New York City. History ''Businessweek'' was first published based in New York City in September 1929, weeks before the stock market crash of 1929. The magazine provided information and opinions on what was happening in the business world at the time. Early sections of the magazine included marketing, labor, finance, management and Washington Outlook, which made ''Businessweek'' one of the first publications to cover national political issues that directly impacted the b ...
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Encompass Insurance Company
Encompass Insurance is a subsidiary of Allstate Corporation and is one of the largest personal property and casualty insurance brands sold through a network of more than 6,500 independent agent locations across the United States. The company that would become Encompass was founded in 1897 and officially became the Encompass Insurance Company in the 1990s. The company has its headquarters in Northfield Township, Illinois, near Northbrook, Illinois. History In 1897, the company that would become Encompass began selling personal insurance under the motto "Protection and Security." The company’s package policy dates back to then. In 1999, Illinois-based Allstate Insurance Company purchased the personal lines insurance business from CNA Financial when CNA moved toward commercial lines. Allstate then introduced the Encompass name to its subsidiary in 2000. Encompass distributes its products through 6,500 independent agency locations in 42 states. Encompass was the title sponsor o ...
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Los Angeles Times
The ''Los Angeles Times'' (abbreviated as ''LA Times'') is a daily newspaper that started publishing in Los Angeles in 1881. Based in the LA-adjacent suburb of El Segundo since 2018, it is the sixth-largest newspaper by circulation in the United States. The publication has won more than 40 Pulitzer Prizes. It is owned by Patrick Soon-Shiong and published by the Times Mirror Company. The newspaper’s coverage emphasizes California and especially Southern California stories. In the 19th century, the paper developed a reputation for civic boosterism and opposition to labor unions, the latter of which led to the bombing of its headquarters in 1910. The paper's profile grew substantially in the 1960s under publisher Otis Chandler, who adopted a more national focus. In recent decades the paper's readership has declined, and it has been beset by a series of ownership changes, staff reductions, and other controversies. In January 2018, the paper's staff voted to unionize and final ...
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