August 25, 2010
OneBeacon Declares $2.71 Per Share Combined Regular and Special DividendHAMILTON, Bermuda, Aug. 25 /PRNewswire-FirstCall/ -- At its regular meeting held on August 24, 2010, the OneBeacon Insurance Group, Ltd. (NYSE: OB) Board of Directors declared a combined regular and special dividend of $2.71 per share payable in cash on September 7, 2010 to holders of record of Common Shar...
August 16, 2010
OneBeacon and Frontline Offer Motor Truck Cargo ProgramCANTON, Mass., Aug. 16 /PRNewswire-FirstCall/ -- OneBeacon Insurance Group (NYSE: OB) today announced its alliance with Frontline Underwriters, Inc. to offer a new Motor Truck Cargo Program to transportation customers in nine states: Alabama, Arkansas, Georgia, Louisiana<...
August 10, 2010
OneBeacon Energy Group's Recanatini to Speak at 2010 Energy Symposium in TexasCANTON, Mass., Aug. 10 /PRNewswire-FirstCall/ -- OneBeacon Energy Group, a member of OneBeacon Insurance Group (NYSE: OB), today announced that Senior Vice President of Energy Casualty and Underwriting Manager, Anthony Recanatini will be a featured speaker at the second annual Energy Symposium on August 12, at the Omni Houston Hotel i...
August 2, 2010
OneBeacon Introduces New International CoveragesCANTON, Mass., Aug. 2 /PRNewswire-FirstCall/ -- OneBeacon Insurance Group (NYSE: OB) today announced it has expanded its international capabilities through broadened coverages: International Kidnap and Ransom, and International Business Travel Accident. These coverages target several of the company's specialty segments with international exposures, specifically Technology, Energy, Financial Ser...
July 30, 2010
OneBeacon Reports $14.71 Book Value Per ShareHAMILTON, Bermuda, July 30 /PRNewswire-FirstCall/ -- OneBeacon Insurance Group, Ltd. (NYSE: OB) today reported book value per share of $14.71, an increase of 0.7% for both the second quarter and through six months, including dividends.
Mike Miller, CEO of OneBeacon, said, "Our results for the...
July 29, 2010
OneBeacon Appoints Dennis Crosby to Lead New Excess and Surplus BusinessCANTON, Mass., July 29 /PRNewswire-FirstCall/ -- OneBeacon Insurance Group (NYSE: OB) today announced it has appointed Dennis Crosby as President of the company's newest business, OneBeacon Excess and Surplus Lines. The company is establishing this new group to both support its current business and selectively write in the E&S market.
"We are pleased to welcome Dennis to OneBeacon," said Kevin Rehnberg, Execut...
July 20, 2010
Beat the Heat: Tips to Prepare Your Business for Excessive Summer HeatCANTON, Mass., July 20 /PRNewswire-FirstCall/ -- This year, NASA predicted that 2010 would be the warmest year on record, and summer temperatures in many areas of the country have already spiked into triple digits. As hot temperatures are likely to continue, it is important to be mindful of the dangers of excessive heat. To ensure the safety of your employees and business operations this summer...
July 1, 2010
OneBeacon Sells Personal Lines Business to Tower GroupCANTON, Mass., July 1 /PRNewswire-FirstCall/ --OneBeacon Insurance Group (NYSE: OB) today announced it has completed the sale of its Traditional Personal Lines business to Tower Group, Inc. (Nasdaq: TWGP). The transaction, which was announced on February 2, included two insurance companies containing the personal lines business, and in relation to the recipr...
June 29, 2010
OneBeacon Schedules Second Quarter 2010 Earnings Release and WebcastHAMILTON, Bermuda, June 29 /PRNewswire-FirstCall/ -- OneBeacon Insurance Group, Ltd. (NYSE: OB) will review its second quarter 2010 results via live webcast at 10:00 a.m. ET on Friday, July 30, 2010, following its earnings release earlier that morning. The slide presentation that will be referenced during the call, the news release and...
June 28, 2010
OneBeacon Insurance Awards 2010 College ScholarshipsCANTON, Mass., June 28 /PRNewswire-FirstCall/ -- OneBeacon Insurance Group recently announced the winners of its annual college scholarship program, funded by the OneBeacon Charitable Trust. Twenty high-school seniors received $1,500 scholarships, including sons and daughters of OneBeacon employees and of the company's distribution partners. Recipients were selecte...
June 21, 2010
Tips to Protect Your Business Property Against Summer WildfiresCANTON, Mass., June 21 /PRNewswire-FirstCall/ -- While we eagerly await the arrival of summer and dry, hot weather, these conditions heighten the risk for erratic wildland fires, more commonly known as wildfires, in certain areas across the U.S. Called "wild" for a reason, wildfires are difficult to predict, control and contain, often causing extensive destruction. According to the National In...
June 16, 2010
OneBeacon Declares Second Quarter DividendHAMILTON, Bermuda, June 16 /PRNewswire-FirstCall/ -- At its regular meeting held on June 16, 2010, the OneBeacon Insurance Group, Ltd. (NYSE: OB) Board of Directors declared a $0.21 per share quarterly dividend, payable in cash on June 30, 2010, to holders of record of Common Shares as of the close of busi...
June 7, 2010
OneBeacon Professional Insurance and USI Affinity Enter Into Exclusive RelationshipAVON, Conn., June 7 /PRNewswire-FirstCall/ -- OneBeacon Professional Insurance (OBPI) today announced that it has entered into an exclusive relationship with USI Affinity to administer its Lawyers' Professional Liability (LPL) Insurance program, which provides liability protection solutions for law firms with up to 20 attorneys in Connecticut, June 1, 2010
OneBeacon Announces Results for Its Cash Tender Offer for Its 5.875% Senior Notes Due 2013HAMILTON, Bermuda, June 1 /PRNewswire-FirstCall/ -- OneBeacon Insurance Group, Ltd. (NYSE: OB) announced today the results of the previously announced cash tender offer (the "Offer") by its indirect wholly-owned subsidiary, OneBeacon U.S. Holdings, Inc. ("OBH"), formerly known as Fund American Companies, Inc., for up to $200 million in aggregate principal amount of...
May 24, 2010
OneBeacon Broadens @vantage® For Information Technology SolutionCANTON, Mass., May 24 /PRNewswire-FirstCall/ -- OneBeacon Technology Group, part of the OneBeacon Insurance Group (NYSE: OB), today announced significant enhancements to its @vantage® for Information Technology product designed for hardware, software and telecommunications companies.
"Our enhanced solutions bridge coverage gaps that exist between other...
May 20, 2010
OneBeacon Insurance Encourages Businesses to Protect Property Against HurricanesCANTON, Mass., May 20 /PRNewswire-FirstCall/ -- With raging wind speeds topping 75 mph, violent tropical storms we know as "hurricanes" can cause more costly damage than any other natural disaster. In anticipation of the imminent hurricane season, OneBeacon Insurance urges business owners to prepare now. Hurricane season spans June through November and by taking the following steps to protect t...
May 18, 2010
OneBeacon Specialty Accident and Health Launches Transportation WebsiteCANTON, Mass., May 18 /PRNewswire-FirstCall/ -- OneBeacon Insurance Group's Specialty Accident and Health business has launched a new website – www.onebeacontransportation.com – exclusively dedicated to motor carriers, independent contractor drivers and brokers representing the transportation industry, one of its largest target segments. Thr...
May 17, 2010
OneBeacon Professional Insurance Offers New Risk Management Services Through Jackson LewisAVON, Conn., May 17 /PRNewswire-FirstCall/ --OneBeacon Professional Insurance (OBPI), a member of OneBeacon Insurance Group (NYSE: OB), announced it has entered into a relationship with Jackson Lewis LLP to offer a suite of risk management services exclusively to OBPI's employment practices and management liability insureds. These insureds will have secure access to a dedicated workplace law we...
May 17, 2010
OneBeacon Announces Early Tender Results For Its Cash Tender Offer For Its 5.875% Senior Notes Due 2013HAMILTON, Bermuda, May 17 /PRNewswire-FirstCall/ -- OneBeacon Insurance Group, Ltd. (NYSE: OB) announced today the early tender results of the previously announced cash tender offer (the "Offer") of its indirect wholly-owned subsidiary, OneBeacon U.S. Holdings, Inc. ("OBH"), formerly known as Fund American Companies, Inc., for up to $200 million in aggregate princi...
May 3, 2010
OneBeacon Announces Cash Tender Offer for Its 5.875% Senior Notes Due 2013HAMILTON, Bermuda, May 3 /PRNewswire-FirstCall/ -- OneBeacon Insurance Group, Ltd. (NYSE: OB) announced today that its indirect wholly-owned subsidiary, OneBeacon U.S. Holdings, Inc. ("OBH"), formerly known as Fund American Companies, Inc., has commenced a cash tender offer (the "Offer") for up to $200 million in aggregate principal amount (the "Maximum Tender Amou...
April 29, 2010
OneBeacon Reports $14.82 Book Value Per ShareHAMILTON, Bermuda, April 29 /PRNewswire-FirstCall/ -- OneBeacon Insurance Group, Ltd. (NYSE: OB) today reported book value per share of $14.82 for the first quarter, consistent with book value as of December 31, 2009, including dividends.
Mike Miller, CEO of OneB...
April 27, 2010
OneBeacon Insurance Encourages Businesses to Prepare for Tornado SeasonCANTON, Mass., April 27 /PRNewswire-FirstCall/ -- Tornados are often categorized as nature's most violent storms and can form at any time of year. Typically, however, the spring months (April-June) are considered the nation's "tornado season." OneBeacon Insurance (NYSE: OB) urges business owners to prepare for the upcoming season by taking the following steps to protect their property, employee...
April 26, 2010
OneBeacon to Participate in White Mountains Annual Investor Information Meeting on May 18HAMILTON, Bermuda, April 26 /PRNewswire-FirstCall/ -- OneBeacon Insurance Group, Ltd. (NYSE: OB) today announced that CEO Mike Miller will participate in White Mountains Insurance Group, Ltd.'s annual investor information meeting on Tuesday, May 18. The meeting details are noted below:
April 21, 2010
OneBeacon Releases Preliminary Estimates of First Quarter 2010 Underwriting ResultsHAMILTON, Bermuda, April 21 /PRNewswire-FirstCall/ -- OneBeacon Insurance Group, Ltd. (NYSE: OB) estimates that its first quarter GAAP combined ratio will be 112%, including approximately $44 million, or 10 points, of pretax catastrophe losses primarily associated with March Northeast U.S. storms. Of the estimated
March 29, 2010
OneBeacon Introduces Construction @vantage®CANTON, Mass., March 29 /PRNewswire-FirstCall/ -- Construction contractors face particular challenges, including constantly changing job-site conditions, deadlines, weather and transient workforces. Then there are the physical hazards such as property damage and theft. With a thorough understanding of the construction business' unique needs, OneBeacon Insurance Group (NYSE: OB) today announced...
March 29, 2010
OneBeacon Schedules First Quarter 2010 Earnings Release and WebcastHAMILTON, Bermuda, March 29 /PRNewswire-FirstCall/ -- OneBeacon Insurance Group, Ltd. (NYSE: OB) will review its first quarter 2010 results via live Webcast at 10:00 a.m. ET on Thursday, April 29, 2010, following its earnings release earlier that morning. The slide presentation that will be referenced during the call, the news release ...
March 16, 2010
OneBeacon Insurance Encourages Businesses to Protect Against Flood DamageCANTON, Mass., March 16 /PRNewswire-FirstCall/ -- As spring rains arrive and accumulated winter snow melts, many areas of the United States may experience significant flooding. OneBeacon Insurance (NYSE: OB) urges business owners to take proactive steps to protect their property, employees and operations from floods through the following actions:
Before A Flood