Public Comment Period on OneBeacon-Potomac Deal Extended

The Pennsylvania Insurance Department has extended the period for the public to comment on the proposed acquisition of OneBeacon Insurance Co. and Potomac insurance Co.The insurance department said it made the decision to reopen the public comment period because it has received additional filing materials related to the transaction.In February, Trebuchet US Holdings filed an application with the Pennsylvania Insurance Department for approval to acquire control of OneBeacon and Potomac, both subsidiaries of OneBeacon Insurance Group. Trebuchet is a subsidiary of the Bermuda-based Armour Group.I...