OneBeacon Exits Crop Business

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AmTrust Financial (AFSI) Acquires OneBeacon's (OB) Crop Insurance Business

August 3, 2015 7:22 AM EDT

OneBeacon Insurance Group (NYSE: OB) has exited the crop insurance business due to the sale of its exclusive managing general agency, Climate Crop Insurance Agency, to AmTrust Financial Services, Inc. (NASDAQ: AFSI), ("AmTrust"). The company's existing crop insurance business has been... More