OneBeacon Opens Property E&S Line

NU Online News Service, May 7, 4:11 p.m. EDT?OneBeacon Insurance Group, LLC, said it is entering the excess and surplus lines property business by opening a Specialty Property division.[@@]

The unit, to be led by Rick Burke, will write coverage "tailored to specific business-class and market conditions." The Boston-based insurer said the new E&S division plans to begin writing business this month through its main office in San Francisco and three other offices in northern New Jersey, Dallas, and Lenesz, Kansas.

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