Insurance Stumbles, But Loews Still Delivers Higher Profit Thanks to Hotels and Energy
Loews (NYSE: L) posts Q2 2026 profit growth as hotel earnings surge 71% and Boardwalk Pipelines revenues rise, offsetting CNA pressure.
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Why It Matters
Loews made more money overall, even though its insurance company CNA did poorly. This shows that owning many different businesses—like hotels and pipelines—can help if one part struggles.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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