OneBeacon Charitable Trust Provides Support During the Holidays Across U.S.

Dec 15, 2010, 09:00 ET from OneBeacon Insurance Group, Ltd.

MINNETONKA, Minn., Dec. 15, 2010 /PRNewswire/ -- In recognition of the holiday season, the OneBeacon Charitable Trust has announced $60,000 in donations, allocated primarily to community food banks, as well as several other nonprofit agencies across the country. Donations are being made to organizations serving areas where OneBeacon has a strong presence, including the Neighborhood House (St. Paul, Minn.), Food Share (Hartford, Conn.), Greater Boston Food Bank (Boston, Mass.) and others.

“As part of OneBeacon’s longstanding commitment to investing in our local communities, we are pleased to provide this support to well-deserving nonprofits that help those in need, particularly during the holiday season,” said Carmen Duarte, a member of the OneBeacon Charitable Trust Committee.

The OneBeacon Charitable Trust is a tax-exempt private foundation under Section 501(c)(3) of the Internal Revenue Code managed by employees of OneBeacon Insurance Group. OneBeacon Insurance Group, Ltd. is a Bermuda-domiciled holding company that is publicly traded on the New York Stock Exchange under the symbol “OB”. OneBeacon Insurance Group’s underwriting companies offer a range of specialty insurance products sold through select independent agents, regional and national brokers, and wholesalers. The company’s businesses include OneBeacon Professional Insurance, International Marine Underwriters, Entertainment Brokers International Insurance Services, Specialty Accident and Health, OneBeacon Government Risks, OneBeacon Energy Group, A.W.G. Dewar (tuition refund), collector cars and boats written through Hagerty Insurance Agency, OneBeacon Technology Insurance, OneBeacon Financial Services, OneBeacon Specialty Property, Property and Inland Marine, OneBeacon Excess and Surplus Lines, and AutoOne.

As one of the oldest property and casualty insurers in the United States, OneBeacon traces its roots to 1831 and the Potomac Fire Insurance Company. Today, OneBeacon’s specialty insurance businesses are national in scope.

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SOURCE OneBeacon Insurance Group, Ltd.