NU Online News Service, Feb. 3, 3:12 p.m. EST
Bermuda-based insurer OneBeacon Insurance Group said it will sell its personal lines business to Tower Group Inc. for about $180.5 million.
Tower Group will acquire Massachusetts Homeland Insurance Co., York Insurance Co. of Maine and two reciprocal insurers, Adirondack Insurance Exchange of New York and New Jersey Skylands Insurance Association.
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