CNA Financial Corp. says second-quarter net income increased nearly 17 percent to $194 million compared to $166 million during the same period a year ago.
An investigative report co-published by ProPublica and the Los Angeles Times says CNA Financial Corp. is facing a criminal investigation based on the way it handled claims related to a federally funded program for contractors killed or injured while working overseas.
CNA Financial Corp.'s first-quarter earnings fell nearly nine percent as catastrophic losses outweighed improved investment income and lower expenses in the company's core property and casualty business.