Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
HOFMANN HERBERT C
  2. Issuer Name and Ticker or Trading Symbol
LOEWS CORP [L]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Sr. Vice President
(Last)
(First)
(Middle)
667 MADISON AVENUE
3. Date of Earliest Transaction (Month/Day/Year)
11/13/2009
(Street)

NEW YORK,, NY 10065-8087
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/13/2009   M   4,000 A $ 19.43 4,000 D  
Common Stock 11/13/2009   S   4,000 D $ 35.64 0 D  
Common Stock 11/16/2009   M   750 A $ 19.43 750 D  
Common Stock 11/16/2009   M   3,250 A $ 24.32 4,000 D  
Common Stock 11/16/2009   S   4,000 D $ 36.32 (1) 0 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option $ 19.43 11/13/2009   M     4,000   (2) 01/16/2014 Common Stock 4,000 $ 0 (3) 750 D  
Stock Option $ 19.43 11/16/2009   M     750   (2) 01/16/2014 Common Stock 750 $ 0 (3) 0 D  
Stock Option $ 24.32 11/16/2009   M     3,250   (4) 01/20/2015 Common Stock 3,250 $ 0 (3) 8,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
HOFMANN HERBERT C
667 MADISON AVENUE
NEW YORK,, NY 10065-8087
      Sr. Vice President  

Signatures

 /s/ Gary W. Garson, by power of attorney for Herbert C. Hofmann   11/17/2009
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Represents the weighted average price of multiple transactions with a range of prices between $36.31 and $36.32. The Reporting Person, upon request by the Commission Staff, the Issuer or a security holder of the Issuer, undertakes to provide further information regarding the number of securities sold at each separate price.
(2) The option became exercisable in four equal annual installments beginning on January 16, 2005.
(3) The Reporting Person received the Derivative Security pursuant to a stock option grant at no cost.
(4) The option became exercisable in four equal annual installments beginning on January 20, 2006.

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