New York regulators said today they have filed suit against OneBeacon Insurance Company as part of a crackdown on longstanding "delinquent reinsurers" who owe millions to bankrupt insurers the state has taken over.

The action against Canton, Mass.-based OneBeacon seeking $2.2 million the state says is due Midland Insurance Company, was filed by the New York Liquidation Bureau in New York State Supreme Court, a county level tribunal in Manhattan.

Midland Insurance, a former New York company, was placed in liquidation in 1986. (The company is not related to The Midland Company, a Cincinnati-based specialty insurance group.)

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