OneBeacon

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“CANTON, Mass…/PRNewswire/ -- OneBeacon Professional Insurance, a member of OneBeacon Insurance Group, today announced a new Technology Errors & Omissions product targeted to technology firms, including application service providers, software developers, technology consulting firms, and companies involved in systems integration and maintenance. OBPI's Technology E&O insurance includes coverage for Professional and Technology Services Liability, Technology Products Liability, Media Liability, and Network Security and Privacy Liability. The Professional Services insurance can also extend coverage to certain non-technology related services. In addition, OBPI's policy provides coverage for certain costs associated with complying with a breach notification law. This is all available to prospective insureds through one standard policy form, with limits up to $10 million. Both primary and excess coverages are available. Specialized protection and features include Media Liability coverage for online and offline media communication activities; worldwide coverage; coverage for copyright infringement in connection with the development of a technology product; and a definition of insured that includes independent contractors…”

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“CANTON, Mass…/PRNewswire/ -- OneBeacon Insurance Group today announced that it has entered into a definitive agreement to sell its Personal Lines business to Tower Group, Inc. The transaction will include two insurance companies containing the personal lines business, and two attorneys-in-fact managing the reciprocal insurance exchanges which write the personal lines business in New York and New Jersey…”