OneBeacon Insurance Group, Ltd., a Bermuda-domiciled holding company, announced it has sold the renewal rights to its lawyers professional liability business to Argo Group US, Inc., a member of Argo Group International Holdings, Ltd.
The transaction includes renewal rights to policies renewing on or after January 1, 2015 on approximately $30 million of expiring premium within the company’s broader professional insurance business.
Source: OneBeacon Insurance Group, Ltd.
Was this article valuable?
Here are more articles you may enjoy.
Three Sentenced in Videoed Bear-Suit Attacks Insurance Fraud Case 
Trump Says Iran Wants Hormuz Open in Tussle Over War’s End 
Roblox Settles With States for $35.8 Million Over Child Safety 
A 16,000% Problem: Why Workers’ Comp Can’t Get Drug Costs Under Control 
Want to stay up to date?
Get the latest insurance news
sent straight to your inbox.