White Mountains Agrees to Acquire Star & Shield Risk Management

Dec. 23 (Bloomberg) -- White Mountains Insurance Group Ltd. agreed to buy Star & Shield Risk Management LLC from Star & Shield Holdings LLC.

Star & Shield Risk Management is the attorney-in-fact for Star & Shield Insurance Exchange, according to a statement today from the companies that didn’t disclose terms.

To contact the reporter on this story: Zachary Tracer in New York at ztracer1@bloomberg.net

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