In a deal estimated at $180 million, New York-based Tower Group has agreed to purchase the personal lines division of OneBeacon Insurance Group, which includes two insurance companies and two management companies.

The Hanover Insurance Group has acquired a Vienna, Va.-based specialty insurance provider in what it calls “a significant commitment toward broadening our professional lines portfolio.”

The Hanover Group has entered into an agreement to buy renewal rights to parts of a book of business owned by OneBeacon Insurance Group.

A member of the OneBeacon Insurance Group is offering a new Design Professional Liability product, targeting architects, engineers, designers and others featuring new benefits, including web-based risk management services.

Alternative dispute resolution programs could be used by insurers more widely in construction defect cases to speed up resolution and generate savings, according to an expert at a recent Construction …  Read →

The Northern Virginia Technology Council has chosen OneBeacon Insurance’s RiskNet property-casualty insurance and risk management program for its council members.

The NVTC serves the technology community in the greater Washington, D.C., …  Read →

OneBeacon Insurance Group has added OneBeacon Services, an extension of OneBeacon Accident and Health.

The Canton, Mass.-based insurer said OneBeacon Services provides critical specialty lines resources that help organizations and individuals …  Read →