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White Mountains to Buy Empire Insurance From Leucadia National

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Feb. 19 (Bloomberg) -- White Mountains Insurance Group Ltd., the company adding subsidiaries that no longer sell new policies, said it agreed to buy Empire Insurance Co. from Leucadia National Corp.

The deal is expected to be completed in the second quarter, according to a PR Newswire statement today from White Mountains that didn’t disclose terms.

To contact the reporter on this story: Elizabeth Dexheimer in New York at edexheimer@bloomberg.net

To contact the editor responsible for this story: Dan Kraut at dkraut2@bloomberg.net

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