CANTON, Mass., April 27 Tornados are often categorized as nature's most violent storms and can form at any time of year. Typically, however, the spring months (April-June) are considered the nation's "tornado season." OneBeacon Insurance (NYSE: OB) urges business owners to prepare for the upcoming season by taking the following steps to protect their property, employees and operations:
Before A Tornado
During A Tornado
After A Tornado
Additional recommendations are available at the Institute for Business & Home Safety (IBHS) website: www.disastersafety.org, or the Federal Emergency Management Agency (FEMA).
About OneBeacon: 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 insurance products sold through select independent agents, regional and national brokers, and wholesalers. The company's specialty 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 Group, OneBeacon Financial Services, OneBeacon Specialty Property, and Property and Inland Marine.
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 while personal lines business is concentrated in the Northeastern United States.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
This press release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical facts, included or referenced in this release which address activities, events or developments which we expect or anticipate will or may occur in the future are forward-looking statements. The words "will," "believe," "intend," "expect," "anticipate," "project," "estimate," "predict" and similar expressions are also intended to identify forward-looking statements. These forward-looking statements include, among others, statements with respect to OneBeacon's:
These statements are based on certain assumptions and analyses made by OneBeacon in light of its experience and perception of historical trends, current conditions and expected future developments, as well as other factors believed to be appropriate in the circumstances.
However, whether actual results and developments will conform to our expectations and predictions is subject to a number of risks and uncertainties that could cause actual results to differ materially from expectations, including:
Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements, and there can be no assurance that the actual results or developments anticipated by OneBeacon will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, OneBeacon or its business or operations. OneBeacon assumes no obligation to update publicly any such forward-looking statements, whether as a result of new information, future events or otherwise.
-- Carefully inspect the roof; it is a first line of defense against most severe weather events. Have it inspected by a reputable professional and make appropriate repairs if needed or recommended. -- Inspect any storm cellars or shelters on the property. When properly constructed and maintained, these can provide shelter against tornados. -- Assess the property exterior to identify any hazards vulnerable to high-wind situations. Trim the landscape, secure signage and consider replacing gravel or rock with shredded materials. -- Review your community's emergency evacuation plans and communicate them to your employees. Identify where the nearest safe shelter is located, if not on the property.
SOURCE OneBeacon Insurance Group, Ltd.