OneBeacon To Sell Commercial Book To Tower
NU Online News Service, Sept. 16, 12:55 p.m. EDT?Boston-based OneBeacon Insurance said it plans to sell the renewal rights to a portion of its commercial business to Tower Insurance Group, based in New York City.[@@]
OneBeacon, a subsidiary of Bermuda-based White Mountains Insurance Group, Ltd., said the deal would not involve the commercial business it acquired from Atlantic Mutual New York earlier this year.
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