Loews Corp. operates as a holding company which engages in the oil and gas business. It operates through the following segments: CNA Financial Corporation, Boardwalk Pipeline Partners, LP and Loews Hotels Holding Corporation, Corporate and Diamond Offshore Drilling. The CNA Financial Corporation segment offers property, casualty, insurance, and underwriting services. The Boardwalk Pipeline Partners segment transports and stores natural gas and natural gas liquids. The LP and Loews Hotels Holding Corporation segment operates restaurants and a chain of hotels. The Corporate segment includes investment income and interest expenses. The Diamond Offshore Drilling segment manages drilling rigs. The company was founded by Laurence A. Tisch and Preston Robert Tisch in 1954 and is headquartered in New York, NY.
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