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CNA P-C Operating Earnings Up 17%

Although second-quarter net income fell 9 percent for CNA, with investment losses hurting the bottom line, property-casualty operating earnings surged 17 percent, the Chicago-based insurer reported th

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Although second-quarter net income fell 9 percent for CNA, with investment losses hurting the bottom line, property-casualty operating earnings surged 17 percent, the Chicago-based insurer reported this morning.

Second-quarter net income was $217 million, or 80 cents per share, compared with $239 million, or 86 per share, for the same quarter in 2006.

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