New Jersey Skylands Introduces Identity Theft Protection

BASKING RIDGE, N.J., Sept. 7 -- The rapid growth of identity theft makes everyone wonder about the safety of their personal information. To help its members who become victims of this crime manage the hassle of restoring their identity, the New Jersey Skylands Insurance Association now offers identity theft resolution assistance. New Jersey Skylands is a reciprocal exchange and is owned by its policyholders.

The Identity Theft Resolution program is provided automatically, at no additional charge, to all of New Jersey Skylands' member owners. Should someone steal a member's identity, they can take advantage of services from Identity Theft 911, a leading organization that will guide them through the complex procedures for restoring credit. A personal advocate will work with the victim one-on-one to notify agencies, businesses and institutions; prepare all needed documents; obtain credit reports; monitor threat alerts; and provide a full year of follow-up with alerts, phone calls and status checks to avoid a recurrence.

In addition, a consumer education component delivers ongoing threat alerts, a monthly newsletter and a dedicated Web site with articles, interviews and white papers covering all aspects of this crime.

With this new program New Jersey Skylands becomes the first automobile insurance company in America to provide identity theft resolution assistance and proactive education.

"New Jersey Skylands continuously searches for new and innovative ways to protect members," said Alex Archimedes, President & CEO of New Jersey Skylands Management, LLC. "Adding identity theft resolution services provides them with a safety net against this rapidly growing threat."

About the New Jersey Skylands Insurance Association

New Jersey Skylands Insurance Association (NJSIA) is a reciprocal exchange that is owned by its policyholders and currently insures over 24,000 drivers and their vehicles in New Jersey. NJSIA is the parent of New Jersey Skylands Insurance Company (NJSIC), which insures over 26,000 New Jersey motorists and their vehicles. Both organizations are managed by New Jersey Skylands Management, LLC (NJSM), an attorney-in-fact and a wholly owned subsidiary of OneBeacon Insurance Group.

OneBeacon Insurance Group is wholly owned by White Mountains Insurance Group, Ltd., of Hamilton, Bermuda. White Mountains' principal businesses are conducted through its subsidiaries and affiliates in the business of property- casualty insurance and reinsurance. The company is publicly traded on the New York Stock Exchange and the Bermuda Stock Exchange under the symbol "WTM."

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

The 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 White Mountains':

   * growth in book value per share or return on equity;
   * business strategy;
   * financial and operating targets or plans;
   * incurred losses and the adequacy of its loss and loss adjustment
     expense reserves and related reinsurance;
   * projections of revenues, income (or loss), earnings (or loss) per
     share, dividends, market share or other financial forecasts;
   * expansion and growth of our business and operations; and
   * future capital expenditures.

These statements are based on certain assumptions and analyses made by White Mountains 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:

   * claims arising from catastrophic events, such as hurricanes,
     earthquakes, floods or terrorist attacks;
   * the continued availability of capital and financing;
   * general economic, market or business conditions;
   * business opportunities (or lack thereof) that may be presented to it
     and pursued;
   * competitive forces, including the conduct of other property and
     casualty insurers and reinsurers;
   * changes in domestic or foreign laws or regulations, or their
     interpretation, applicable to White Mountains, its competitors or its
     clients;
   * an economic downturn or other economic conditions adversely affecting
     its financial position;
   * recorded loss reserves subsequently proving to have been inadequate;
   * other factors, most of which are beyond White Mountains' control.

Consequently, all of the forward-looking statements made in this earnings release are qualified by these cautionary statements, and there can be no assurance that the actual results or developments anticipated by White Mountains will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, White Mountains or its business or operations. White Mountains assumes no obligation to update publicly any such forward-looking statements, whether as a result of new information, future events or otherwise.