Loews shares drop 7% as CNA Financial's insurance segment weakens Q1 results.

Loews Corporation's shares fell 7.05% after reporting Q1 2026 earnings, mainly due to a decline in its insurance segment, CNA Financial. CNA's net income attributable to Loews dropped from $252 million to $194 million year-over-year, driven by weaker underwriting and adverse prior-year reserve adjustments. Despite this, Loews Hotels and Boardwalk segments showed strong performance with increased net income and EBITDA. The mixed results highlight challenges in insurance but resilience in hospitality and energy sectors for Loews.