Loews Corp.
Loews Corp. Stock, NYSE:L
Description
Loews Corp. is a holding company, which engages in the business of commercial property and casualty insurance, transportation and storage of natural gas and natural gas liquids, and operation of a chain of hotels. It operates through the following segments: CNA Financial Corporation, Boardwalk Pipeline Partners, LP and Loews Hotels Holding Corporation, and Corporate. The CNA Financial Corporation segment includes the sale of property and casualty insurance products and services. The Boardwalk Pipeline Partners segment transports and stores natural gas and natural gas liquids. The Loews Hotels Holding Corporation segment operates hotels. The Corporate segment includes investment income and interest expenses. The company was founded by Laurence A. Tisch and Preston Robert Tisch on November 12, 1969 and is headquartered in New York, NY.