Latest Intact Headlines
All the headlines from our Intact Topic Page, ordered by recency.
Best Affirms OneBeacon and Subs Group Ratings; White Mountains
Oct 8 2012 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of OneBeacon Insurance Company and its six pooled and four reinsured...
ACE Accuses OneBeacon of Poaching Employees
Sep 24 2012 // ACE American Insurance Co. recently filed a lawsuit against OneBeacon U.S. Holdings Inc. In its lawsuit, filed in Pennsylvania, ACE alleges that OneBeacon poached the entire eight member-team that made up ACE’s East...
In Penn. Lawsuit, ACE Accuses OneBeacon of Poaching Employees
Sep 13 2012 // ACE American Insurance Company recently filed a lawsuit against OneBeacon U.S. Holdings Inc. In its lawsuit, filed in Pennsylvania, ACE alleges that OneBeacon poached the entire eight member-team that made up ACE’s...
OneBeacon Technology Names Morrison AVP, International
Sep 11 2012 // OneBeacon Technology Insurance (OBTI), a member of OneBeacon Insurance Group, appointed Duncan Morrison as assistant vice president – International. In this new role, Morrison will facilitate foreign admitted placements...
OneBeacon Announces New Surety Group
Sep 10 2012 // OneBeacon Insurance Group, Ltd. has launched its newest specialty business—OneBeacon Surety Group. The new business will be managed by OneBeacon Surety Group President Chad Anderson and will focus on a variety of...
Melanson Joins OneBeacon as SVP, Medical Excess
Aug 15 2012 // Minnetoka, Minn.-based OneBeacon Professional Insurance (OBPI), a member of OneBeacon Insurance Group has appointed Daniel Melanson as senior vice president leading the Medical Excess line of business. Melanson is...
Treacy Appointed Senior Vice President of Finance at OneBeacon
Jun 14 2012 // OneBeacon Insurance Group Ltd. has appointed John C. Treacy as senior vice president of Finance. He is based in the company’s U.S. corporate headquarters in Minnetonka, Minn. and reports to Chief Financial Officer...
ThinkRisk and OneBeacon Announce [in]FUSE – Insurance Agents & Brokers Professional Liability Protection
Apr 27 2012 // Chicago, IL, 04/27/12 – ThinkRisk Underwriting Agency, LLC and OneBeacon Professional Insurance join forces to announce the launch of a new Professional Liability Policy for Insurance Agents & Brokers. The...
OneBeacon Forms New Specialty Program Group
Apr 26 2012 // OneBeacon Insurance Group Ltd. has formed a new specialty business, OneBeacon Program Group (OBPG), which will be led by President Dan Beaudette. The group will focus on small to medium commercial business written through...
160-Year Old Hanover Retaking Its Place as P/C Industry Leader
Apr 16 2012 // Eight out of 160 years of history may not seem like a big deal but for Hanover Insurance Group, founded in 1852, the last eight years have seen a series of big deals. Eight years ago in 2004, the $2.4 billion heavily...
160-Year Old Hanover Retaking Its Place as P/C Industry Leader
Apr 3 2012 // Eight out of 160 years of history may not seem like a big deal but for Hanover Insurance Group, founded in 1852, the last eight years have seen a series of big deals. Eight years ago in 2004, the $2.4 billion heavily...
OneBeacon Completes Sale of AutoOne Business to New York’s Interboro
Feb 22 2012 // OneBeacon Insurance Group said today it completed the sale of its AutoOne business to Interboro Holdings Inc. of New York. The transaction, which was announced on Aug. 31, 2011, included AutoOne Insurance Company and...
OneBeacon Professional Insurance Expands Coverage for Lawyers
Dec 19 2011 // OneBeacon Professional Insurance (OBPI) has expand its professional liability coverage for lawyers to include network security and privacy (NSP) liability coverage. The company will offer the NSP coverage two ways....
Best Affirms OneBeacon Group’s Ratings; Outlook Stable
Oct 11 2011 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a” of the operating companies comprising Minnesota-based OneBeacon Insurance...
Business Moves
Sep 19 2011 // OneBeacon, Interboro OneBeacon Insurance Group said it is selling its high risk personal auto insurance business, AutoOne, to Interboro Holdings Inc. of New York. AutoOne, formed in 2001, serves the automobile assigned...
Business Moves
Sep 19 2011 // OneBeacon, Interboro OneBeacon Insurance Group said it is selling its high risk personal auto insurance business, AutoOne, to Interboro Holdings Inc. of New York. AutoOne, formed in 2001, serves the automobile assigned...
New York’s Interboro Buys OneBeacon’s AutoOne
Sep 1 2011 // OneBeacon Insurance Group said it is selling its high risk personal auto insurance business, AutoOne, to Interboro Holdings Inc. of New York. AutoOne, formed in 2001, serves the automobile assigned risk insurance markets...
Ratings Recap: Washington Casualty, Western, One Beacon (notes)
Jul 18 2011 // A.M. Best Co. has upgraded the financial strength rating to ‘A-‘ (Excellent) from ‘B+’ (Good) and issuer credit rating to “a-” from “bbb-” of Washington Casualty Company...
Best Places AXA Canada, Intact Financial Ratings under Review
Jun 7 2011 // A.M. Best announced a number of rating actions as a result of the announcement on May 31 that that Intact Financial Corporation (IFC) has signed a definitive agreement to purchase 100 percent of the stock of AXA Canada...
Intact Financial to Acquire AXA’s Canada Operations for $2.684 Billion
Jun 1 2011 // Intact Financial Corp has agreed to buy the Canadian arm of AXA Group for C$2.6 billion ($2.684 billion) in cash in a move that will boost its premiums by more than 40 percent and diversify its product mix. The deal to...
