Hanover Insurance Group Inc (N:THG)
Business Focus: Property & Casualty Insurance
Apr 22, 2024 10:00 am ET
The Hanover Reveals Results of its 2024 Small Business Risk Report: A Focus on Workers' Compensation
Research offers insights into small business owners' insurance buying habits and risk exposures related to workers' compensation
Apr 15, 2024 10:02 am ET
The Hanover Insurance Group, Inc. to Hold Annual Meeting of Shareholders on May 14
WORCESTER, Mass., April 15, 2024 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) will hold its annual meeting of shareholders on Tuesday, May 14, 2024, at 9:00 a.m. ET at its headquarters, located at 440 Lincoln Street in Worcester, Massachusetts. A live, audio-only webcast will also be available through the company's website under the "Investors" section.
Apr 03, 2024 01:00 pm ET
Russell Innovation Center for Entrepreneurs and The Hanover Announce Exclusive Insurance-Based Programming
New programming designed to support Black entrepreneurs
Feb 26, 2024 02:53 pm ET
The Hanover Insurance Group, Inc. Declares Quarterly Dividend of $0.85 Per Common Share
WORCESTER, Mass., Feb. 26, 2024 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) announced today its board of directors has declared a quarterly dividend of $0.85 per share on the issued and outstanding common stock of the company, payable March 29, 2024, to shareholders of record at the close of business on March 15, 2024.
Feb 14, 2024 10:05 am ET
Forbes Ranks The Hanover Among America's Best Employers
Company recognized for the ninth consecutive year
Feb 08, 2024 01:25 pm ET
The Hanover and its Employees Contribute $1.5 Million to United Way, Other Nonprofits
WORCESTER, Mass., Feb. 8, 2024 /PRNewswire/ -- Through their annual giving campaign, The Hanover Insurance Group, Inc. (NYSE: THG) and its employees have raised $1.5 million for United Way and other nonprofit organizations across the country.
Feb 07, 2024 03:10 pm ET
The Hanover Insurance Group, Inc. to Present at the Bank of America Securities 2024 Financial Services Conference
WORCESTER, Mass., Feb. 7, 2024 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced John C. Roche, president and chief executive officer, and Jeffrey M. Farber, executive vice president and chief financial officer, are scheduled to participate in a fireside chat at the Bank of America Securities 2024 Financial Services Conference on Wednesday, February 21, 2024, from 10:30 a.m. to 11:10 a.m. Eastern Time. Roche and Farber will also host several one-on-one and group meetings with investors on February 21.
Jan 31, 2024 03:15 pm ET
Jan 04, 2024 10:15 am ET
The Hanover Appoints Mina S. Rona President of Technology and Life Sciences
WORCESTER, Mass., Jan. 4, 2024 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced the appointment of Mina S. Rona to president of technology and life sciences. In this role, Rona will assume responsibility for leading the technology and life sciences organization, working closely with industry professionals to develop innovative insurance solutions that address the unique risks faced by businesses in these sectors.
Dec 19, 2023 07:00 am ET
The Hanover Insurance Group, Inc. to Issue Fourth Quarter Financial Results on January 31
WORCESTER, Mass., Dec. 19, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) expects to issue its fourth quarter and full-year financial results after the market closes on Wednesday, January 31, 2024. The company expects to webcast a discussion of its results on Thursday, February 1, at 10:00 a.m. ET, through its website at hanover.com.
Dec 18, 2023 10:00 am ET
The Hanover Recognized By Newsweek as Most Responsible Company; Earns Top Score in Human Rights Campaign Foundation's Corporate Equality Index
WORCESTER, Mass., Dec. 18, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) recently was recognized by Newsweek as one of America's Most Responsible Companies for the third consecutive year and by the Human Rights Campaign Foundation for receiving a score of 100 on its Corporate Equality Index for the sixth consecutive year.
Dec 04, 2023 03:38 pm ET
The Hanover Insurance Group, Inc. Increases Quarterly Dividend to $0.85 Per Common Share
WORCESTER, Mass., Dec. 4, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) announced today its board of directors has approved an increase in the company's quarterly dividend to $0.85 per share on the issued and outstanding common stock of the company, payable December 29, 2023, to shareholders of record at the close of business on December 15, 2023.
Nov 20, 2023 09:30 am ET
The Hanover Appoints Stephen P. Marohn President, Specialty Property and Casualty
WORCESTER, Mass., Nov. 20, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced it has appointed Stephen P. Marohn president of specialty property and casualty. In this role, Marohn will be responsible for leading the company's excess and surplus (E&S) business, specialty industrial business, Hanover Programs, specialty general liability and Hanover Specialty Insurance Brokers (HSIB).
Nov 01, 2023 04:05 pm ET
The Hanover Reports Third Quarter Results
Third Quarter Highlights
Oct 23, 2023 11:05 am ET
The Hanover's 2023 Report Finds Businesses Lack Protection and Recovery Plans Against Cyber Attacks
Only 7% of small to mid-sized businesses think it's very likely that they will experience a cyber incident in the next 12 months
Oct 18, 2023 04:05 pm ET
The Hanover Estimates Third Quarter Catastrophe Losses and Preliminary Results
WORCESTER, Mass., Oct. 18, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced a preliminary estimate for third quarter 2023 catastrophe losses of $195.8 million, before taxes, or 13.7 points of net earned premium. The losses resulted from multiple convective storms across the Midwestern United States. Hail and wind damage represented the majority of reported losses, which primarily impacted the company's Personal Lines business.
Sep 28, 2023 09:02 am ET
The Hanover Finds Homeowners Vulnerable to the Threat of Water-Related Damage
Only 17% of homeowners have water sensors despite the high risk of loss
Sep 27, 2023 10:00 am ET
The Hanover Insurance Group, Inc. to Issue Third Quarter Financial Results on November 1
WORCESTER, Mass., Sept. 27, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) expects to issue its third quarter financial results after the market closes on Wednesday, November 1. The company expects to webcast a discussion of its results on Thursday, November 2, at 10:00 a.m. ET, through its website at hanover.com.
Sep 13, 2023 01:48 pm ET
The Hanover Recognized on TIME's List of World's Best Companies; Newsweek's List of America's Best Customer Service Organizations
WORCESTER, Mass., Sept. 13, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) recently was recognized by TIME as one of the World's Best Companies and by Newsweek as one of America's Best Customer Service organizations.
Jul 20, 2023 07:48 am ET
The Hanover Estimates Second Quarter Catastrophe Losses and Preliminary Results
WORCESTER, Mass., July 20, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced a preliminary estimate for second quarter catastrophe losses of approximately $262 million, before taxes, or 18.5 points of net earned premium. Second quarter catastrophe losses stemmed from 19 convective storms across multiple states, with hail damage representing the majority of reported losses and primarily impacting the company's Personal Lines business.
Jul 13, 2023 11:01 am ET
The Hanover Recognized as a Best Place to Work by U.S. News & World Report, Disability Equality Index
WORCESTER, Mass., July 13, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) recently was named to U.S. News & World Report's list of 2023-2024 Best Companies to Work For and was also recognized by the Disability Equality Index as a 2023 Best Places to Work for People with Disabilities.
Jun 27, 2023 01:00 pm ET
The Hanover Insurance Group, Inc. to Issue Second Quarter Financial Results on August 2
WORCESTER, Mass., June 27, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) expects to issue its second quarter financial results after the market closes on Wednesday, August 2, 2023. The company expects to webcast a discussion of its results on Thursday, August 3, at 10:00 a.m. ET, through its website at hanover.com.
Jun 06, 2023 09:08 am ET
The Hanover Insurance Group, Inc. Declares Quarterly Dividend of $0.81 Per Common Share
WORCESTER, Mass., June 6, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) announced today its board of directors has declared a quarterly dividend of $0.81 per share on the issued and outstanding common stock of the company, payable June 30, 2023, to shareholders of record at the close of business on June 16, 2023.
Jun 01, 2023 11:45 am ET
The Hanover Adds SimpliSafe® to Its Suite of Risk Management Providers for Personal Lines Customers
WORCESTER, Mass., June 1, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced it has added SimpliSafe, a maker of award-winning smart home security systems, to its Partners in Protection program, a thoughtfully curated group of risk management providers that help personal lines customers prevent and recover from losses.
May 02, 2023 04:05 pm ET
The Hanover Reports First Quarter Results
First Quarter Highlights
Apr 19, 2023 04:15 pm ET
The Hanover Estimates First Quarter Catastrophe Losses
WORCESTER, Mass., April 19, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced a preliminary estimate for first quarter catastrophe losses of approximately $175 million, before taxes, or 12.7 points of net earned premium. First quarter catastrophe losses stemmed from over 20 weather events, including severe freeze events in the Northeast and Midwest in February, and widespread wind and tornadic activity that impacted nearly half of the U.S. in mid-to-late March.
Apr 14, 2023 10:15 am ET
The Hanover Insurance Group, Inc. to Hold Annual Meeting of Shareholders on May 9
WORCESTER, Mass., April 14, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) will hold its annual meeting of shareholders on Tuesday, May 9, 2023, at 9:00 a.m. ET at its headquarters, located at 440 Lincoln Street in Worcester, Massachusetts. A live, audio-only webcast will also be available through the company's website under the "Investors" section.
Apr 13, 2023 11:30 am ET
The Hanover Announces Launch of Cyber Risk Management Program for Commercial Lines Cyber Customers
WORCESTER, Mass., April 13, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced the launch of its Hanover CyberSecure Program™, a proactive cyber risk management program offering a robust set of cybersecurity services. This program is now available to the company's Commercial Lines cyber customers.
Mar 29, 2023 04:05 pm ET
The Hanover Insurance Group, Inc. to Issue First Quarter Financial Results on May 2
WORCESTER, Mass., March 29, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) expects to issue its first quarter financial results after the market closes on Tuesday, May 2, 2023. The company expects to webcast a discussion of its results on Wednesday, May 3, at 10:30 a.m. ET, through its website at hanover.com.
Mar 15, 2023 08:00 am ET
The Hanover Releases Inaugural Sustainability Report
WORCESTER, Mass., March 15, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced the release of its inaugural sustainability report, which focuses on its environmental, social and governance ("ESG") approach and strategy. The report highlights the company's long-term commitment to advance sustainability initiatives, inclusion, diversity and equity ("IDE") efforts and reporting, strong corporate governance, and socially and environmentally conscious business practices.
Feb 27, 2023 03:10 pm ET
The Hanover Insurance Group, Inc. Declares Quarterly Dividend of $0.81 Per Common Share
WORCESTER, Mass., Feb. 27, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) announced today its board of directors has declared a quarterly dividend of $0.81 per share on the issued and outstanding common stock of the company, payable March 31, 2023, to shareholders of record at the close of business on March 15, 2023.
Feb 16, 2023 01:30 pm ET
The Hanover Named One of America's Most Responsible Companies by Newsweek for Second Consecutive Year
WORCESTER, Mass., Feb. 16, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced it has been named one of America's Most Responsible Companies for 2023 by Newsweek. The award recognizes companies that demonstrate a strong commitment to corporate citizenship through their environmental, social and corporate governance practices.
Feb 06, 2023 10:00 am ET
The Hanover Insurance Group, Inc. to Present at the Bank of America Securities 2023 Financial Services Conference
WORCESTER, Mass., Feb. 6, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced John C. Roche, president and chief executive officer, and Jeffrey M. Farber, executive vice president and chief financial officer, are scheduled to participate in a fireside chat at the Bank of America Securities 2023 Financial Services Conference on Wednesday, February 15, 2023, from 10:30 a.m. to 11:10 a.m. eastern time. Roche and Farber will also host several one-on-one and group meetings with investors on February 15.
Feb 01, 2023 03:10 pm ET
The Hanover Reports Fourth Quarter and Full Year Results
Full Year Highlights
Jan 30, 2023 12:00 pm ET
The Hanover Appoints Kate B. Williams to President of E&S
WORCESTER, Mass., Jan. 30, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced it has appointed Kate B. Williams to president of excess and surplus (E&S). In this role, Williams will oversee the company's full range of E&S solutions for the property and casualty needs of small to mid-size customers.
Jan 24, 2023 11:36 am ET
The Hanover Expands Casualty Offerings, Announces Specialty General Liability Solution
WORCESTER, Mass., Jan. 24, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced the launch of a specialty general liability offering. With the new offering, the company's agents and brokers can provide an admitted general liability and excess coverage solution for hard-to-place risks, including manufacturing, distribution, wholesale and import businesses with higher hazard product liability exposures or clients with loss-sensitive premises liability insurance programs.
Jan 19, 2023 08:47 am ET
The Hanover Estimates Fourth Quarter Catastrophe Losses; Full-Year Combined Ratio, Excluding Catastrophes in Line with Guidance
WORCESTER, Mass., Jan. 19, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced a preliminary estimate for fourth quarter catastrophe losses of approximately $190 million, before taxes, or 13.9 points of net earned premiums. The estimate is approximately $137 million above the company's pre-tax fourth quarter catastrophe assumption, driven by the effects of Winter Storm Elliott, which accounted for approximately $165 million, before taxes, of overall catastrophe losses in the quarter and primarily impacted the company's core commercial business.
Jan 10, 2023 01:25 pm ET
The Hanover and its Employees Contribute Nearly $1.5 Million to United Way, Other Nonprofits Through Annual Giving Campaign
WORCESTER, Mass., Jan. 10, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced the company and its employees have raised $1,458,000 for United Way and other nonprofit organizations across the country through their annual giving campaign.
Jan 04, 2023 09:00 am ET
The Hanover Appoints David J. Lovely Chief Claims Officer
WORCESTER, Mass., Jan. 4, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced it has appointed David J. Lovely executive vice president and chief claims officer. In this role, Lovely will be responsible for the strategic oversight and execution of the company's claims experience.
Dec 20, 2022 09:00 am ET
The Hanover Insurance Group, Inc. to Issue Fourth Quarter Financial Results on February 1
WORCESTER, Mass., Dec. 20, 2022 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) expects to issue its fourth quarter and full-year financial results after the market closes on Wednesday, February 1, 2023. The company expects to webcast a discussion of its results on Thursday, February 2, at 10:00 a.m. ET, through its website at hanover.com.
Dec 06, 2022 10:45 am ET
The Hanover Announces the Launch of its Small Business Digital Exchange Gateway
Helping agents streamline small business placement
Dec 05, 2022 03:59 pm ET
The Hanover Insurance Group, Inc. Increases Quarterly Dividend to $0.81 Per Common Share
WORCESTER, Mass., Dec. 5, 2022 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) announced today its board of directors has approved an increase in the company's quarterly dividend to $0.81 per share on the issued and outstanding common stock of the company, payable December 30, 2022, to shareholders of record at the close of business on December 15, 2022.
Nov 28, 2022 02:50 pm ET
The Hanover Appoints Eric M. Schuler to Lead Management and Executive Liability Business
Company appoints Jon Martin, Greggory Ketay to key leadership roles within professional and executive lines
Nov 01, 2022 04:06 pm ET
The Hanover Reports Third Quarter Results
Third Quarter Highlights
Oct 20, 2022 07:30 am ET
The Hanover Estimates Third Quarter Catastrophe Losses and Preliminary Results
WORCESTER, Mass., Oct. 20, 2022 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced a preliminary estimate for third quarter catastrophe losses of approximately $90 million, before taxes, or 6.8 points of net earned premiums. The estimate is approximately $22 million above the company's pre-tax third quarter catastrophe assumption, driven primarily by the effects of Hurricane Ian. Estimated catastrophe losses from Hurricane Ian are approximately $28 million, before taxes, primarily in the company's Commercial Lines book in Florida.
Sep 26, 2022 01:30 pm ET
The Hanover Insurance Group, Inc. to Issue Third Quarter Financial Results on November 1
WORCESTER, Mass., Sept. 26, 2022 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) expects to issue its third quarter results after the market closes on Tuesday, November 1. The company expects to webcast a discussion of its results on Wednesday, November 2, at 10:00 a.m. ET, through its website at hanover.com.
Sep 06, 2022 10:05 am ET
The Hanover Insurance Group, Inc. Declares Quarterly Dividend of $0.75 Per Common Share
WORCESTER, Mass., Sept. 6, 2022 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) announced today its board of directors has declared a quarterly dividend of $0.75 per share on the issued and outstanding common stock of the company, payable September 30, 2022, to shareholders of record at the close of business on September 16, 2022.
Aug 25, 2022 10:00 am ET
The Hanover Insurance Group to Present at the Keefe, Bruyette & Woods Insurance Conference on September 8
WORCESTER, Mass., Aug. 25, 2022 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced John C. Roche, president and chief executive officer, and Jeffrey M. Farber, executive vice president and chief financial officer, will participate in a fireside chat at the Keefe, Bruyette & Woods Insurance Conference on Thursday, September 8 from 10:35 a.m. to 11:15 a.m. E.T.
Aug 02, 2022 04:12 pm ET
Jul 27, 2022 10:01 am ET
The Hanover Introduces Hanover i-on Sensor Program to Help Reduce Business Losses
Advanced technologies and real-time data power risk mitigation solutions
Jul 19, 2022 04:05 pm ET
The Hanover Insurance Group, Inc. Elects Elizabeth A. Ward to Board of Directors
WORCESTER, Mass., July 19, 2022 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced Elizabeth A. Ward has been elected to the company's board of directors, effective immediately, and has been appointed to serve on the board's audit committee.
Jun 27, 2022 11:17 am ET
The Hanover Insurance Group, Inc. to Issue Second Quarter Financial Results on August 2
WORCESTER, Mass., June 27, 2022 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) expects to issue its second quarter results after the market closes on Tuesday, August 2. The company expects to webcast a discussion of its results on Wednesday, August 3, at 10:00 a.m. ET, through its website at hanover.com.
Jun 21, 2022 04:21 pm ET
AM Best Affirms Credit Ratings of The Hanover Insurance Group, Inc. and Its Subsidiaries
AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) of the property/casualty subsidiaries of The Hanover Insurance Group, Inc. (THG) [NYSE: THG], which are collectively referred to as The Hanover. Additionally, AM Best has affirmed the Long-Term ICR of “bbb+” (Good) and all Long-Term Issue Credit Ratings (Long-Term IR) of THG, which is the parent holding company. The outlook of these Credit Ratings (ratings) is stable. All companies are headquartered in Worcester, MA. (See below for a detai
Jun 13, 2022 04:06 pm ET
The Hanover Insurance Group, Inc. Elects Francisco A. Aristeguieta to Board of Directors
WORCESTER, Mass., June 13, 2022 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced Francisco A. Aristeguieta has been elected to the company's board of directors, effective today.
May 31, 2022 04:07 pm ET
The Hanover Insurance Group, Inc. Declares Quarterly Dividend of $0.75 Per Common Share
WORCESTER, Mass., May 31, 2022 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) announced today its board of directors has declared a quarterly dividend of $0.75 per share on the issued and outstanding common stock of the company, payable June 24, 2022, to shareholders of record at the close of business on June 10, 2022.
May 03, 2022 04:06 pm ET
Apr 28, 2022 09:10 am ET
The Hanover Reveals Results of its 2022 Small Business Risk Report
Research offers insights into small business owners' insurance buying habits and evolving risk exposures
Apr 07, 2022 11:45 am ET
The Hanover Insurance Group, Inc. to Hold Virtual Annual Meeting of Shareholders on May 10
WORCESTER, Mass., April 7, 2022 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) will hold its annual meeting of shareholders on Tuesday, May 10, 2022, at 9:00 a.m. ET. The meeting will be held in a virtual only format to provide a consistent and convenient experience to all shareholders, regardless of location.
Mar 28, 2022 08:00 am ET
The Hanover Publishes Select Historical Financial Information Reflecting Planned Changes in Business Segment Reporting; Expects to Issue First Quarter Financial Results Under New Segment Reporting on
WORCESTER, Mass., March 28, 2022 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today published select historical quarterly and annual financial information reflecting the planned changes to the company's segment reporting, as was announced on its fourth quarter earnings call. The change in segment reporting does not affect the company's previously reported consolidated results of operations, underwriting ratios, financial condition or cash flows.
Mar 01, 2022 08:01 am ET
Forbes Ranks The Hanover Among America's Best Employers
WORCESTER, Mass., March 1, 2022 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced it has been named one of "America's Best Mid-Size Employers" for 2022 by Forbes magazine. The seventh consecutive Forbes recognition comes on the heels of other recent workplace awards for the company.
Feb 28, 2022 03:25 pm ET
The Hanover Insurance Group, Inc. Declares Quarterly Dividend of $0.75 Per Common Share
WORCESTER, Mass., Feb. 28, 2022 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) announced today its board of directors has declared a quarterly dividend of $0.75 per share on the issued and outstanding common stock of the company, payable March 25, 2022, to shareholders of record at the close of business on March 11, 2022.
Feb 15, 2022 09:01 am ET
The Hanover Releases its State of Specialty Insurance Report
WORCESTER, Mass., Feb. 15, 2022 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today released its "State of Specialty Insurance Report," which highlights the risks of fragmentation in the marketplace. The report spotlights the advantages agencies realize when they create strategic partnerships with select carriers that offer broad capabilities and deep expertise.
Feb 10, 2022 12:00 pm ET
The Hanover Earns Perfect Score on Corporate Equality Index
WORCESTER, Mass., Feb. 10, 2022 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced it has been recognized as a Best Place to Work for LGBTQ+ Equality by the Human Rights Campaign Foundation for the fifth consecutive year.
Feb 07, 2022 10:00 am ET
The Hanover Insurance Group, Inc. to Present at the Bank of America Securities 2022 Insurance Conference
WORCESTER, Mass., Feb. 7, 2022 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced John C. Roche, president and chief executive officer, is scheduled to participate in a panel discussing the independent agency channel at the Bank of America Securities 2022 Insurance Conference on Wednesday, February 16, 2022, from 10:15 to 10:50 a.m. Eastern Time. Roche and the company's chief financial officer, Jeffrey M. Farber, will also host several one-on-one and group virtual meetings with investors on February 16.
Feb 02, 2022 03:25 pm ET
The Hanover Reports Record Fourth Quarter Net Income and Operating Income of $4.53 and $3.38 per Diluted Share, Respectively; Full Year Net Income and Operating Income of $11.49 and $8.73 per Diluted
WORCESTER, Mass., Feb. 2, 2022 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today reported net income of $163.5 million, or $4.53 per diluted share, in the fourth quarter of 2021, compared to $164.6 million, or $4.43 per diluted share, in the prior-year quarter. Operating income(7) was $122.1 million, or $3.38 per diluted share, for the fourth quarter of 2021. This compared to operating income of $112.0 million, or $3.02 per diluted share, in the prior-year quarter. The difference between net and operating income in the fourth quarter of 2021 was primarily due to the after
Jan 10, 2022 08:17 am ET
The Hanover Named One of America's Most Responsible Companies by Newsweek
WORCESTER, Mass., Jan. 10, 2022 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) announced it has been named one of America's Most Responsible Companies by Newsweek. The award is given to companies that demonstrate a strong commitment to corporate social responsibility, with a focus on environmental, social, and corporate governance factors.
Dec 20, 2021 10:00 am ET
The Hanover Insurance Group, Inc. to Issue Fourth Quarter Financial Results on February 2
WORCESTER, Mass., Dec. 20, 2021 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) expects to issue its fourth quarter and full-year financial results after the market closes on Wednesday, February 2, 2022. The company expects to webcast a discussion of its results on Thursday, February 3, at 10:00 a.m. ET, through its website at hanover.com.
Dec 15, 2021 01:14 pm ET
The Hanover Contributes $1.5 Million in Support of United Way, Other Nonprofits
WORCESTER, Mass., Dec. 15, 2021 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced the results of its annual employee giving campaign, raising $1.5 million for United Way and other nonprofit organizations across the country.
Dec 06, 2021 04:04 pm ET
The Hanover Insurance Group, Inc. Increases Quarterly Dividend to $0.75 Per Common Share
WORCESTER, Mass., Dec. 6, 2021 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) announced today its board of directors has approved an increase in the company's quarterly dividend to $0.75 per share on the issued and outstanding common stock of the company, payable December 30, 2021, to shareholders of record at the close of business on December 16, 2021.
Oct 27, 2021 04:06 pm ET
The Hanover Reports Third Quarter Net Income and Operating Income of $0.94 and $0.85 per Diluted Share, Respectively; Combined Ratio of 102.3%; Combined Ratio, Excluding Catastrophes, of 89.4%
WORCESTER, Mass., Oct. 27, 2021 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today reported net income of $34.0 million, or $0.94 per diluted share, in the third quarter of 2021, compared to $118.9 million, or $3.13 per diluted share, in the prior-year quarter. Operating income (1) was $30.8 million, or $0.85 per diluted share, for the third quarter of 2021. This compared to operating income of $93.5 million, or $2.46 per diluted share, in the prior-year quarter.
Sep 22, 2021 08:30 am ET
The Hanover Estimates Third Quarter Catastrophe Losses; To Host Investor Day September 23 and Issue Third Quarter Results October 27
WORCESTER, Mass., Sept. 22, 2021 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced its preliminary estimate for third quarter catastrophe losses, based on information available to date, to be in the range of $150 to $165 million before taxes, or $119 to $130 million after taxes. The midpoint of the estimate is approximately $97 million above the company's pre-tax third quarter catastrophe load, driven primarily by the effects of Hurricane Ida. Estimated losses from this storm are approximately $75 million, before taxes, primarily stemming from losses in the Northe
Sep 08, 2021 10:01 am ET
Hanover Survey: Independent Agents Embracing Hybrid Work Environment
WORCESTER, Mass., Sept. 8, 2021 /PRNewswire/ -- The State of The Independent Insurance Agency Report, developed by The Hanover Insurance Group, Inc. (NYSE: THG), indicates independent agents are embracing a more progressive work environment in response to the pandemic and evolving market conditions. With agencies expected to offer additional employee flexibility, engage more digitally with their customers, and enhance customer and employee experiences, the report highlights the current state of the industry and provides a glimpse at the future of agencies across the country.
Aug 30, 2021 02:30 pm ET
The Hanover Insurance Group, Inc. Declares Quarterly Dividend of $0.70 Per Common Share
WORCESTER, Mass., Aug. 30, 2021 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) announced today its board of directors has declared a quarterly dividend of $0.70 per share on the issued and outstanding common stock of the company, payable September 24, 2021, to shareholders of record at the close of business on September 10, 2021.
Aug 26, 2021 01:00 pm ET
The Hanover to Hold a Virtual Investor Day on September 23
WORCESTER, Mass., Aug. 26, 2021 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced it will hold a virtual Investor Day on Thursday, Sept. 23, 2021, from 9:00 a.m. to 12:30 p.m. ET.
Jul 27, 2021 04:05 pm ET
The Hanover Reports Second Quarter Net Income and Operating Income of $3.52 and $2.85 per Diluted Share, Respectively; Combined Ratio of 94.4%; Combined Ratio, Excluding Catastrophes, of 87.9%
WORCESTER, Mass., July 27, 2021 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today reported net income of $128.5 million, or $3.52 per diluted share, in the second quarter of 2021, compared to $115.2 million, or $3.01 per diluted share, in the prior-year quarter. Operating income (1) was $104.0 million, or $2.85 per diluted share, for the second quarter of 2021. This compared to operating income of $62.7 million, or $1.63 per diluted share, in the prior-year quarter. The difference between net and operating income in the second quarter of 2021 was primarily due to an after-t
Jul 22, 2021 11:00 am ET
The Hanover Launches New Quote-and-Issue Platform for Small Businesses, TAP Sales
WORCESTER, Mass., July 22, 2021 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG), a leading property and casualty insurance company, today announced the launch of its new TAP Sales quote-and-issue platform for small commercial, The Hanover's latest addition to its suite of digital agency resources. With a brand-new interface and features, TAP Sales was designed to help The Hanover's agents provide fast, streamlined quoting capabilities for its small business customers.
Jul 08, 2021 09:00 am ET
The Hanover Announces Enhancements to Its Specialized Solutions for Lawyers and Healthcare Facilities
WORCESTER, Mass., July 8, 2021 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced investments in its Hanover Lawyers Advantage and Hanover Healthcare Facilities Advantage product suites, further enhancing the company's broad portfolio of highly specialized capabilities, including its professional liability solutions.
Jun 28, 2021 11:30 am ET
Survey Reveals Common Insurance Blind Spots
WORCESTER, Mass., June 28, 2021 /PRNewswire/ -- In recognition of National Insurance Awareness Day today, The Hanover Insurance Group, Inc. (NYSE: THG) commissioned a survey that analyzed how the pandemic has changed Americans' personal lives and whether they have made the adjustments necessary to maintain effective insurance protection.
Jun 21, 2021 10:00 am ET
The Hanover Insurance Group, Inc. to Issue Second Quarter Financial Results on July 27
WORCESTER, Mass., June 21, 2021 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) expects to issue its second quarter financial results after the market closes on Tuesday, July 27. The company expects to webcast a discussion of its results on Wednesday, July 28, at 10:00 a.m. ET, through its website at hanover.com.
Jun 17, 2021 03:13 pm ET
AM Best Affirms Credit Ratings of The Hanover Insurance Group, Inc. and Its Subsidiaries
AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) of the property/casualty subsidiaries of The Hanover Insurance Group, Inc. (THG) [NYSE: THG], which are collectively referred to as The Hanover or the group. Additionally, AM Best has affirmed the Long-Term ICR of “bbb+” (Good) and all Long-Term Issue Credit Ratings (Long-Term IR) of THG, which is the parent holding company. The outlook of these Credit Ratings (ratings) is stable. All above named companies are headquartered in Worce
Feb 12, 2021 11:15 am ET
The Hanover Insurance Group to Present at the Credit Suisse Financial Services Forum
WORCESTER, Mass., Feb. 12, 2021 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced John C. Roche, president and chief executive officer, and Jeffrey M. Farber, executive vice president and chief financial officer, are scheduled to present at the virtual Credit Suisse Financial Services Forum on Thursday, February 25, 2021, from 1:50 to 2:30 p.m. ET.
Feb 03, 2021 03:15 pm ET
The Hanover Reports Fourth Quarter Net Income and Operating Income of $4.43 and $3.02 per Diluted Share, Respectively; Full Year Net Income and Operating Income of $9.42 and $9.32 per Diluted Share, R
WORCESTER, Mass., Feb. 3, 2021 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today reported net income of $164.6 million, or $4.43 per diluted share, in the fourth quarter of 2020, compared to $109.8 million, or $2.76 per diluted share, in the prior-year quarter. Operating income (1) was $112.0 million, or $3.02 per diluted share, for the fourth quarter of 2020. This compared to operating income of $80.2 million, or $2.01 per diluted share, in the prior-year quarter. The difference between net and operating income in the fourth quarter of 2020 was primarily due to the after-t
Jan 28, 2021 12:22 pm ET
The Hanover Earns Perfect Score on Human Rights Equality Index
WORCESTER, Mass., Jan. 28, 2021 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced it was recognized as a Best Place to Work for LGBTQ Equality by the Human Rights Campaign Foundation for the fourth consecutive year.
Jan 27, 2021 12:30 pm ET
The Hanover Insurance Group to Present at the Bank of America Merrill Lynch 2021 Insurance Conference
WORCESTER, Mass., Jan. 27, 2021 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced John C. Roche, president and chief executive officer, and Jeffrey M. Farber, executive vice president and chief financial officer, are scheduled to present at the Bank of America Merrill Lynch 2021 Insurance Conference on Thursday, February 11, 2021 from 10:40 to 11:15 a.m. ET.
Dec 21, 2020 12:00 pm ET
The Hanover Insurance Group, Inc. to Issue Fourth Quarter Financial Results on February 3
WORCESTER, Mass., Dec. 21, 2020 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) expects to issue its fourth quarter and full-year financial results after the market closes on Wednesday, February 3, 2021. The company expects to webcast a discussion of its results on Thursday, February 4, 2021, at 10:00 a.m. ET, through its website at hanover.com.
Dec 03, 2020 03:53 pm ET
The Hanover Insurance Group, Inc. Increases Quarterly Dividend to $0.70 Per Common Share
WORCESTER, Mass., Dec. 3, 2020 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) announced today its board of directors has declared a quarterly dividend of $0.70 per share on the issued and outstanding common stock of the company, payable December 30, 2020, to shareholders of record at the close of business on December 18, 2020.
Nov 18, 2020 03:42 pm ET
The Hanover Insurance Group, Inc. Elects Cynthia L. Egan to Chair its Board of Directors
WORCESTER, Mass., Nov. 18, 2020 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced the company's board of directors has accelerated its previously disclosed leadership transition plan by electing current board vice chair Cynthia L. Egan as chair, effective December 1. Egan was elected vice chair in February, with the expectation she would become chair in May 2021, following the mandatory retirement of current chair P. Kevin Condron, in accordance with board policy due to age. The transition plan was adopted and announced by the board in February of this ye
Nov 10, 2020 12:30 pm ET
Hanover Study Confirms Importance of Errors and Omissions Insurance for Professional Service Providers
WORCESTER, Mass., Nov. 10, 2020 /PRNewswire/ -- A recent study from The Hanover Insurance Group, Inc. (NYSE: THG) found nearly half of professional service providers faced allegations of non-performance by customers in the last two years, underscoring the need for professional liability insurance, also known as errors and omissions insurance.
Oct 27, 2020 04:16 pm ET
The Hanover Reports Third Quarter Net Income and Operating Income of $3.13 and $2.46 per Diluted Share, Respectively; Combined Ratio of 94.2%; Combined Ratio, Excluding Catastrophes, of 88.4%; Enters
WORCESTER, Mass., Oct. 27, 2020 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today reported net income of $118.9 million, or $3.13 per diluted share, in the third quarter of 2020, compared to net income of $118.9 million, or $2.96 per diluted share, in the prior-year quarter. Operating income (1) was $93.5 million, or $2.46 per diluted share, for the third quarter of 2020, compared to $93.0 million, or $2.31 per diluted share, in the prior-year quarter. The difference between net and operating income in the quarter was primarily due to an after-tax increase in the fair valu
Oct 26, 2020 01:00 pm ET
The Hanover Enters Maryland Personal Lines Insurance Market
WORCESTER, Mass., Oct. 26, 2020 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced it has expanded its business in Maryland to include personal lines insurance and appointed a group of the top independent agents in the state to serve its growing customer base. The Hanover has a strong presence in the Maryland commercial lines market and this state entry further expands the company's mid-Atlantic footprint.
Oct 13, 2020 04:15 pm ET
The Hanover Estimates Catastrophe Losses in the Third Quarter to be Slightly Above Expectations
WORCESTER, Mass., Oct. 13, 2020 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced it expects its third quarter catastrophe losses to be approximately $66 million, before taxes, or $52 million after taxes, driven primarily by Hurricane Isaias and wildfires in California and Oregon. The estimate also includes approximately $10 million, before taxes, of favorable prior-year development on several events from recent accident years. Overall catastrophe losses in the quarter are estimated to be approximately 5.8% of net premiums earned, only 1.0 point above the company'
Aug 20, 2020 04:16 pm ET
AM Best Assigns Issue Credit Rating to The Hanover Insurance Group, Inc.’s Recently Announced Senior Unsecured Notes
AM Best has assigned a Long-Term Issue Credit Rating of “bbb+” to the new $300 million 2.5% 10-year senior unsecured notes offering, to be issued by The Hanover Insurance Group, Inc. (THG) (headquartered in Worcester, MA) [NYSE: THG]. The outlook assigned to this Credit Rating (rating) is stable.
Jul 28, 2020 04:15 pm ET
The Hanover Reports Second Quarter Net Income and Operating Income of $3.01 and $1.63 per Diluted Share, Respectively; Combined Ratio of 96.2%; Combined Ratio, Excluding Catastrophes, of 82.7%; Book
WORCESTER, Mass., July 28, 2020 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today reported net income of $115.2 million, or $3.01 per diluted share, in the second quarter of 2020, compared to net income of $74.0 million, or $1.79 per diluted share, in the prior-year quarter. Operating income (1) was $62.7 million, or $1.63 per diluted share, for the second quarter of 2020, compared to $77.7 million, or $1.88 per diluted share, in the prior-year quarter. The difference between net and operating income in the quarter was primarily due to an after-tax increase in the fair valu
Jul 14, 2020 04:15 pm ET
The Hanover Announces Second Quarter Catastrophe Losses
WORCESTER, Mass., July 14, 2020 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced it expects its second quarter catastrophe losses to be approximately $148 million, before taxes, or $117 million after taxes, driven primarily by hail and wind storms in the Midwest in April and, to a lesser extent, property losses from civil unrest across the United States. The estimate also includes approximately $7 million of favorable prior-year development on several events from recent accident years. The estimate does not include COVID-19-related exposures or favorable overall
Jul 01, 2020 02:45 pm ET
The Hanover Insurance Group, Inc. to Issue Second Quarter Financial Results on July 28
WORCESTER, Mass., July 1, 2020 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) expects to issue its second quarter financial results after the market closes on Tuesday, July 28. The company expects to webcast a discussion of its results on Wednesday, July 29 at 10:00 a.m. ET, through its website at hanover.com.
Jun 18, 2020 04:38 pm ET
AM Best Affirms Credit Ratings of The Hanover Insurance Group, Inc. and Its Subsidiaries
AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” of the property/casualty subsidiaries of The Hanover Insurance Group, Inc. (THG) [NYSE: THG], collectively referred to as The Hanover or the group. Additionally, AM Best has affirmed the Long-Term ICR of “bbb+” and all Long-Term Issue Credit Ratings (Long-Term IR) of THG, which is the parent holding company. The outlook of these Credit Ratings (ratings) remains stable. All above named companies are headquartered in Worcester, MA. (See below for
Jun 11, 2020 10:45 am ET
The Hanover Announces Enhanced Protection for Technology Clients
WORCESTER, Mass., June 11, 2020 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced the launch of Hanover Technology Professional and Cyber Advantage, an integrated and broad errors and omissions, cyber, and risk management solution for technology businesses.
Jun 04, 2020 10:00 am ET
Forbes Insights and The Hanover Insurance Group Report Findings from its 2020 Small Business Risk Report
WORCESTER, Mass., June 4, 2020 /PRNewswire/ -- A new study released today found that despite the increase in direct insurance writers, small business owners are reporting that independent insurance agents are more important than ever in helping them assess their insurance needs. The 2020 Small Business Risk Report, conducted by Forbes Insights, the strategic research and thought leadership practice of Forbes, and The Hanover Insurance Group, Inc. (NYSE: THG), a leading property and casualty insurance company, surveyed small business owners to garner their perspectives around insurance exposu
May 29, 2020 04:50 pm ET
The Hanover Insurance Group, Inc. Declares Quarterly Dividend of $0.65 Per Common Share
WORCESTER, Mass., May 29, 2020 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) announced today its board of directors has declared a quarterly dividend of $0.65 per share on the issued and outstanding common stock of the company, payable June 26, 2020, to shareholders of record at the close of business on June 12, 2020.
May 28, 2020 03:50 pm ET
The Hanover Insurance Group, Inc. Announces Enhancements to its Professional Lines Solutions
WORCESTER, Mass., May 28, 2020 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced the company's latest investments in its professional lines solutions with enhancements to its Hanover Accountants Professional Advantage product and its Hanover Allied Healthcare Advantage offering.
Apr 28, 2020 04:13 pm ET
The Hanover Reports First Quarter Results
WORCESTER, Mass., April 28, 2020 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today reported a net loss of $40.0 million, or $1.04 per basic share*, in the first quarter of 2020, compared to net income of $122.4 million, or $2.97 per diluted share, in the prior-year quarter. Operating income (1) was $86.8 million, or $2.23 per diluted share, for the first quarter of 2020, up from $80.7 million, or $1.96 per diluted share, in the prior-year quarter. The difference between the net loss and operating income in the quarter was primarily due to an after-tax decrease in the fair v
Apr 27, 2020 02:00 pm ET
Hanover Study Finds Most Businesses Insured Against Traditional Cyber Insurance Risks - But Vulnerable to Emerging Risks
WORCESTER, Mass., April 27, 2020 /PRNewswire/ -- A new study commissioned by The Hanover Insurance Group, Inc. (NYSE: THG) found the majority of business decision makers are insured against traditional cyber risks, such as breaches of personal information, but most were vulnerable to emerging risks, such as malware and ransomware, revealing a potential gap in their insurance coverage.
Apr 17, 2020 02:43 pm ET
The Hanover Insurance Group, Inc. Moves to Virtual Annual Meeting of Shareholders
WORCESTER, Mass., April 17, 2020 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced a change in the location of its 2020 Annual Meeting of Shareholders. Due to the ongoing public health crisis and related social distancing guidelines, and in consideration of the health and well-being of meeting attendees, the company will hold a virtual-only meeting on Tuesday, May 12, at 9:00 a.m. Eastern Time. Shareholders will not be allowed to attend in person.
Apr 14, 2020 11:45 am ET
The Hanover Insurance Group, Inc. Appoints James A. Kelley President of Hanover Specialty Industrial Property
WORCESTER, Mass., April 14, 2020 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced that James A. Kelley has been appointed president of Hanover Specialty Industrial Property. Kelley will be responsible for enhancing the company's broad portfolio of insurance solutions for complex high hazard industrial businesses. He replaces James L. Abraham, who will be retiring from the organization this month.
Apr 10, 2020 02:00 pm ET
The Hanover Responds to Coronavirus Pandemic with Initiatives to Support Policyholders and Local Communities
WORCESTER, Mass., April 10, 2020 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced it has created The Hanover CARES Refund, through which the company will return 15% of April and May auto premiums to its eligible personal lines customers, providing financial relief during the coronavirus pandemic. The company also announced additional customer relief measures and a commitment to contribute $500,000 to nonprofits in local communities to address needs arising from the public health crisis.
Apr 01, 2020 04:30 pm ET
The Hanover Insurance Group, Inc. Appoints Dennis F. Kerrigan General Counsel
WORCESTER, Mass., April 1, 2020 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced Dennis F. Kerrigan has been appointed executive vice president and general counsel, effective immediately, following the retirement of longtime general counsel, J. Kendall Huber. In this role, Kerrigan is responsible for The Hanover's legal, regulatory and government affairs, as well as compliance, state filings, securities, and corporate governance matters.
Mar 17, 2020 04:20 pm ET
The Hanover Insurance Group, Inc. Expects to Issue First Quarter Financial Results on April 28
WORCESTER, Mass., March 17, 2020 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) plans to issue its first quarter financial results after the market closes on Tuesday, April 28, 2020. The company expects to webcast a discussion of its results on Wednesday, April 29, 2020, at 10:00 a.m. ET, through its website at www.hanover.com.
Nov 11, 2019 10:30 am ET
The Hanover Insurance Group Launches New Financial Institutions Offering
WORCESTER, Mass., Nov. 11, 2019 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced the launch of Hanover Financial Institutions Advantage, its new, innovative solution for financial institutions. This offering allows The Hanover's agent partners to better serve small to mid-sized asset managers and depository institutions with coordinated property, casualty, management and professional liability coverages.
Oct 30, 2019 04:10 pm ET
The Hanover Reports Third Quarter Net Income and Operating Income of $2.96 and $2.31 per Diluted Share, Respectively; Combined Ratio of 94.4%; Combined Ratio, Excluding Catastrophes, of 91.3%
WORCESTER, Mass., Oct. 30, 2019 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today reported net income of $118.9 million, or $2.96 per diluted share, in the third quarter of 2019, compared to $100.4 million, or $2.33 per diluted share, in the prior-year quarter. Operating income (1) was $93.0 million, or $2.31 per diluted share, for the third quarter of 2019. This compared to operating income of $84.9 million, or $1.97 per diluted share, in the prior-year quarter. The difference between net and operating income in the third quarter of 2019 is primarily due to an after-tax in
Oct 28, 2019 03:30 pm ET
The Hanover Insurance Group Announces Enhanced Miscellaneous Professional Liability Product
WORCESTER, Mass., Oct. 28, 2019 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced enhancements to its Hanover Miscellaneous Professionals Advantage product, offering stand-alone liability insurance designed to meet the changing needs of professionals.
Oct 22, 2019 11:15 am ET
The Hanover Insurance Group, Inc. Appoints Denise Lowsley Chief Human Resources Officer
WORCESTER, Mass., Oct. 22, 2019 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced Denise M. Lowsley has been appointed executive vice president and chief human resources officer. Lowsley will work closely with The Hanover's executive leaders, members of the human resources leadership team, and others across the organization to drive the company's human capital strategy and collaborative culture forward.
Oct 21, 2019 03:00 pm ET
The Hanover Partners with EndDD.org to Educate Teens and Help Fight Distracted Driving
WORCESTER, Mass., Oct. 21, 2019 /PRNewswire/ -- In recognition of National Teen Driver Safety Week, The Hanover Insurance Group, Inc. (NYSE: THG) today reaffirmed its commitment to promote safe driving habits for teens by partnering with EndDD.org, a nonprofit organization dedicated to educating youthful drivers about the dangers of distracted driving.
Oct 04, 2019 10:15 am ET
The Hanover Expands Specialty Portfolio with New Cyber Product
WORCESTER, Mass., Oct. 4, 2019 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced the launch of Hanover Cyber Advantage Premier, a new stand-alone, non-admitted cyber product for commercial lines agents and their clients. This new coverage is part of The Hanover's continued investment in its existing cyber business, providing its agent partners with access to robust, specialized and complementary products for today's market.
Sep 23, 2019 02:30 pm ET
The Hanover Enters Vermont Personal Lines Insurance Market
WORCESTER, Mass., Sept. 23, 2019 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced it has expanded its business in Vermont to include personal lines insurance and appointed a group of the top independent agents in the state to serve its growing customer base.
Sep 19, 2019 10:00 am ET
The Hanover Insurance Group, Inc. to Issue Third Quarter Financial Results on October 30
WORCESTER, Mass., Sept. 19, 2019 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) expects to issue its third quarter financial results after the market closes on Wednesday, October 30, 2019. The company will webcast a discussion of its results on Thursday, October 31, 2019, at 10:00 a.m. ET, through its website at www.hanover.com.
Sep 17, 2019 11:15 am ET
The Hanover Insurance Group Invests in New Digital Tools to Serve its Agent Partners and Customers
WORCESTER, Mass., Sept. 17, 2019 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today reaffirmed its commitment to an extensive, multi-year digital investment strategy to improve its independent agent and customer experience across the insurance value chain. The investments are designed to address the changing needs and preferences of The Hanover's partners and their customers.
Sep 12, 2019 01:00 pm ET
The Hanover Insurance Group Affirms Commitment to Diversity and Inclusion
WORCESTER, Mass., Sept. 12, 2019 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) announced today that John C. Roche, the company's president and chief executive officer, has joined a growing coalition of more than 750 CEOs in signing the CEO Action for Diversity & Inclusion pledge, reinforcing the company's commitment to promote diversity and inclusion in the workplace and to foster a culture based on trust and respect.
Sep 03, 2019 09:30 am ET
The Hanover Insurance Group, Inc. Declares Quarterly Dividend of $0.60 Per Common Share
WORCESTER, Mass., Sept. 3, 2019 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) announced today that its board of directors has declared a quarterly dividend of $0.60 per share on the issued and outstanding common stock of the company, payable September 27, 2019, to shareholders of record at the close of business on September 13, 2019.
Aug 20, 2019 10:30 am ET
The Hanover Insurance Group To Present At The Keefe, Bruyette & Woods Insurance Conference September 4
WORCESTER, Mass., Aug. 20, 2019 /PRNewswire/ -- John C. Roche, president and chief executive officer, and Jeffrey M. Farber, executive vice president and chief financial officer at The Hanover Insurance Group, Inc. (NYSE: THG) are scheduled to speak at the KBW Insurance Conference at 10:55 a.m. Eastern Time on Wednesday, September 4, 2019.
Jul 31, 2019 04:15 pm ET
The Hanover Reports Second Quarter Net Income and Operating Income of $1.79 and $1.88 per Diluted Share, Respectively; Combined Ratio of 96.1%; Combined Ratio, Excluding Catastrophes, of 90.7%
WORCESTER, Mass., July 31, 2019 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today reported net income of $74.0 million, or $1.79 per diluted share, in the second quarter of 2019, compared to $99.3 million, or $2.31 per diluted share, in the prior-year quarter. Operating income(1) was $77.7 million, or $1.88 per diluted share, for the second quarter of 2019. This compared to operating income of $76.2 million, or $1.77 per diluted share, in the prior-year quarter.
Jun 13, 2019 02:46 pm ET
AM Best Upgrades Issuer Credit Ratings of The Hanover Insurance Group, Inc. and Its Subsidiaries
AM Best has upgraded the Long-Term Issuer Credit Ratings
(Long-Term ICR) to “a+” from “a” and affirmed the Financial Strength
Rating (FSR) of A (Excellent) of the subsidiaries of the parent holding
company, The Hanover Insurance Group, Inc. (THG) [NYSE: THG],
collectively referred to as Hanover Insurance Group Property and
Casualty Companies (The Hanover). Additionally, AM Best has upgraded the
Long-Term ICR to “bbb+” from “bbb” and all the Long-Term Issue Credit
Ratings (Long-Term IR) of THG. The outlook of these Credit Ratings
May 21, 2019 09:40 am ET
The Hanover Insurance Group Announces Enhanced Watercraft Insurance Coverage
WORCESTER, Mass., May 21, 2019 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced it has expanded its suite of personal lines insurance products to include a new watercraft insurance offering. With 12 million registered boats in the U.S.[1] this important expansion helps The Hanover's agent partners provide broad protection for their customers' watercraft needs.
May 14, 2019 10:25 am ET
The Hanover Insurance Group, Inc. Declares Quarterly Dividend of $0.60 Per Common Share
WORCESTER, Mass., May 14, 2019 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) announced today that its board of directors has declared a quarterly dividend of $0.60 per share on the issued and outstanding common stock of the company, payable June 28, 2019, to shareholders of record at the close of business on June 10, 2019.
May 01, 2019 04:05 pm ET
The Hanover Reports First Quarter Net Income and Operating Income of $2.97 and $1.96 per Diluted Share, Respectively; Combined Ratio of 95.8%; Combined Ratio, Excluding Catastrophes, of 92.2%
WORCESTER, Mass., May 1, 2019 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today reported net income of $122.4 million, or $2.97 per diluted share, in the first quarter of 2019, compared to $67.7 million, or $1.57 per diluted share, in the prior-year quarter. Operating income(1) was $80.7 million, or $1.96 per diluted share, for the first quarter of 2019. This compared to operating income of $66.1 million, or $1.54 per diluted share, in the prior-year quarter. The difference between net and operating income in the first quarter of 2019 is primarily due to an after-tax increa
Apr 30, 2019 10:00 am ET
Forbes Insights and The Hanover Insurance Group Report Findings from its 2019 Small Business Risk Report
WORCESTER, Mass., April 30, 2019 /PRNewswire/ -- A new study released today found that there is a direct correlation between small business owners' views and confidence in their insurance coverage based on past claims experience and satisfaction. The 2019 Small Business Risk Report, conducted by Forbes Insights, the strategic research and thought leadership practice of Forbes Media, and The Hanover Insurance Group, Inc. (NYSE: THG), a leading property and casualty insurance company, surveyed small business owners across the country who had experienced a claim in the last five years to evalua
Apr 17, 2019 02:16 pm ET
Forbes Names The Hanover One of "America's Best Mid-Size Employers"
WORCESTER, Mass., April 17, 2019 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced it was recognized by Forbes magazine as one of "America's Best Mid-Size Employers." This is the fifth consecutive year the company has been recognized.
Apr 11, 2019 09:30 am ET
The Hanover Insurance Group Unveils Insurago Digital Platform
WORCESTER, Mass., April 11, 2019 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced it has launched Insurago, an innovative customer-facing digital insurance platform that enables independent agents to acquire new customers. Powered by CoverWallet, Insurago enables agents to place their own personalized link on their agency website or social media channels and customers can then easily quote and issue an insurance policy through The Hanover. At the same time, the tool offers the flexibility for customers to engage their agent to answer questions and provide counse
Apr 11, 2019 07:30 am ET
The Hanover Insurance Group, Inc. Completes Sale of Chaucer-Related Irish and Australian Entities
WORCESTER, Mass., April 11, 2019 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced it has completed the sale of its Chaucer-related Irish and Australian entities, including Chaucer Insurance Company DAC and SLE Holdings, to China Reinsurance (Group) Corporation ("China Re"), for total proceeds of $41 million. These are the final entities to be sold in connection with the sale of The Hanover's Lloyd's international specialty business. The sale of the major portion of the business was completed on Dec. 28, 2018.
Apr 04, 2019 01:36 pm ET
The Hanover Earns Perfect Score on 2019 Corporate Equality Index
WORCESTER, Mass., April 4, 2019 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) was named a Best Place to Work for LGBTQ Equality by the Human Rights Campaign (HRC) Foundation.
Apr 03, 2019 07:15 am ET
Investor Expectations to Drive Momentum within The Hain Celestial Group, Allegheny Technologies, The Hanover Insurance Group, Zimmer Biomet, Corbus Pharmaceuticals, and Preformed Line Products — Disco
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of The Hain Celestial Group, Inc. (NASDAQ:HAIN), Allegheny Technologies...
Mar 28, 2019 09:00 am ET
The Hanover Insurance Group, Inc. to Hold Annual Meeting of Shareholders on Tuesday, May 14
WORCESTER, Mass., March 28, 2019 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) will hold its annual meeting of shareholders on Tuesday, May 14, 2019, at its headquarters, located at 440 Lincoln Street in Worcester, Mass.
Mar 21, 2019 10:00 am ET
The Hanover Insurance Group, Inc. to Issue First Quarter Financial Results on May 1
WORCESTER, Mass., March 21, 2019 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) expects to issue its first quarter financial results after the market closes on Wednesday, May 1, 2019. The company will webcast a discussion of its results on Thursday, May 2, 2019, at 10:00 a.m. ET, through its website at www.hanover.com.
Mar 05, 2019 09:20 am ET
The Hanover Insurance Group, Inc. Declares Quarterly Dividend of $0.60 Per Common Share
WORCESTER, Mass., March 5, 2019 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) announced today that its board of directors has declared a quarterly dividend of $0.60 per share on the issued and outstanding common stock of the company, payable March 29, 2019, to shareholders of record at the close of business on March 15, 2019.
Feb 26, 2019 12:00 pm ET
The Hanover Insurance Group Expands Specialty Leadership Team
WORCESTER, Mass., Feb. 26, 2019 /PRNewswire/ --The Hanover Insurance Group, Inc. (NYSE: THG) today announced it has expanded its specialty leadership team to enhance its focus on growth opportunities and further drive value with the company's independent insurance agent partners. These enhancements round out a series of talent investments the company has made to its specialty business over the last year.
Feb 14, 2019 09:00 am ET
The Hanover Enhances International Capabilities for Domestic Businesses; Announces Partnership with RSA Global Network
WORCESTER, Mass., Feb. 14, 2019 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced an agreement with the RSA Group to join its Global Network as a U.S. strategic network partner. This relationship further expands The Hanover's international specialty capabilities made available through its agent partners for domestic businesses with overseas risks.
Feb 07, 2019 09:30 am ET
The Hanover Insurance Group to Present at the Bank of America Merrill Lynch 2019 Insurance Conference
WORCESTER, Mass., Feb. 7, 2019 /PRNewswire/ -- John C. Roche, president and chief executive officer, and Jeffrey M. Farber, executive vice president and chief financial officer, at The Hanover Insurance Group, Inc. (NYSE: THG), are scheduled to speak at the Bank of America Merrill Lynch 2019 Insurance Conference beginning at 2:55 p.m. ET on Wednesday, February 13, 2019.
Feb 07, 2019 07:35 am ET
Consolidated Research: 2019 Summary Expectations for Cronos Group, Constellation Brands, Eagle Materials, Itron, The Hanover Insurance Group, and Scholastic — Fundamental Analysis, Key Performance Ind
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Cronos Group Inc. (NASDAQ:CRON), Constellation Brands Inc (NYSE:STZ),...
Jan 30, 2019 03:15 pm ET
The Hanover Reports Fourth Quarter Net Income and Operating Income of $2.88 and $1.51 per Diluted Share, Respectively; Full Year Net Income and Operating Income of $9.09 and $6.79 per Diluted Share, R
WORCESTER, Mass., Jan. 30, 2019 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today reported net income of $123.6 million, or $2.88 per diluted share, in the fourth quarter of 2018, compared to $51.5 million, or $1.20 per diluted share, in the prior-year quarter. Operating income(1) was $64.9 million, or $1.51 per diluted share, for the fourth quarter of 2018. This compares to operating income of $65.8 million, or $1.53 per diluted share, in the prior-year quarter. The difference between net and operating income in the fourth quarter of 2018 is primarily due to the after-tax
Jan 15, 2019 03:15 pm ET
The Hanover Estimates the Impact of Catastrophes and Loss Experience on Fourth Quarter Results
WORCESTER, Mass., Jan. 15, 2019 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today estimated catastrophe activity would impact fourth quarter operating results by approximately $50 million before taxes, or 4.6 percent of net premiums earned, compared to its fourth quarter catastrophe assumption of 3.6 percent. Catastrophe losses in the quarter stemmed primarily from the Camp and Woolsey wildfires in California, as well as Hurricane Michael.
Dec 30, 2018 07:00 pm ET
The Hanover Insurance Group, Inc. Announces Chaucer Sale Closing
WORCESTER, Mass., Dec. 30, 2018 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) announced it has completed the sale of Chaucer Holdings Limited, the major portion of its Lloyd's international specialty business, to China Reinsurance (Group) Corporation ("China Re"). In conjunction with the closing, completed on December 28, The Hanover's board of directors approved a new $600 million share repurchase authorization, and, pursuant to that authorization, an accelerated share repurchase agreement (the "ASR agreement") for $250 million. The board also declared a special dividend of
Dec 21, 2018 01:15 pm ET
The Hanover Insurance Group, Inc. to Issue Fourth Quarter Financial Results on January 30
WORCESTER, Mass., Dec. 21, 2018 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) expects to issue its fourth quarter financial results after the market closes on Wednesday, January 30. The company will webcast a discussion of its results on Thursday, January 31, at 10:00 a.m. ET, through its website at www.hanover.com.
Dec 07, 2018 09:25 am ET
The Hanover Insurance Group, Inc. Increases Quarterly Dividend to $0.60 Per Common Share
WORCESTER, Mass., Dec. 7, 2018 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) announced today that its board of directors has declared a quarterly dividend of $0.60 per share on the issued and outstanding common stock of the company, payable December 28, 2018, to shareholders of record at the close of business on December 17, 2018.
Nov 29, 2018 07:55 am ET
Market Trends Toward New Normal in Five Below, The Hanover Insurance Group, Advance Auto Parts, Kosmos Energy, LyondellBasell Industries N.V., and Vornado Realty Trust — Emerging Consolidated Expectat
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Five Below, Inc. (NASDAQ:FIVE), The Hanover Insurance Group, Inc....
Oct 31, 2018 04:15 pm ET
The Hanover Reports Third Quarter Net Income and Operating Income of $2.33 and $1.97 per Diluted Share, Respectively; Third Quarter Combined Ratio of 95.1%; Combined Ratio, Excluding Catastrophes, of
WORCESTER, Mass., Oct. 31, 2018 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today reported net income of $100.4 million, or $2.33 per diluted share, in the third quarter of 2018, compared to $11.1 million, or $0.26 per diluted share, in the prior-year quarter. Operating income(1) was $84.9 million, or $1.97 per diluted share, for the third quarter of 2018, and includes a one-time tax benefit of $4.3 million, or $0.10 per diluted share, primarily related to a pension plan contribution made during the quarter. This compares to operating income of $52.0 million, or $1.21 per d
Oct 19, 2018 07:20 am ET
Investor Expectations to Drive Momentum within Amgen, Crown Castle International, Constellation Brands, Nice, NetEase, and The Hanover Insurance Group — Discovering Underlying Factors of Influence
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Amgen Inc. (NASDAQ:AMGN), Crown Castle International Corporation...
Oct 11, 2018 02:45 pm ET
The Hanover Insurance Group Appoints Kevin Leach to Lead Financial Institutions Business
WORCESTER, Mass., Oct. 11, 2018 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced Kevin Leach has been appointed as the head of its financial institutions portfolio. In this role, Leach is responsible for leading The Hanover's specialized insurance products and services for financial institutions.
Sep 25, 2018 02:00 pm ET
The Hanover Insurance Group, Inc. to Issue Third Quarter Financial Results on October 31
WORCESTER, Mass., Sept. 25, 2018 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) expects to issue its third quarter financial results after the market closes on Wednesday, October 31. The company will webcast a discussion of its results on Thursday, November 1, at 10:00 a.m. ET, through its website at www.hanover.com.
Sep 17, 2018 04:39 pm ET
The Hanover Insurance Group, Inc. Elects Kathleen S. Lane to Board of Directors
WORCESTER, Mass., Sept. 17, 2018 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced Kathleen S. Lane has been elected to the company's board of directors, effective immediately. Lane, 61, has more than 30 years of professional experience in information technology, including serving as the chief information officer with three public companies.
Sep 14, 2018 11:18 am ET
A.M. Best Comments on Credit Ratings of The Hanover Insurance Group, Inc. Following Announced Sale of Certain International Subsidiaries
A.M. Best has commented that the Long-Term Issuer Credit Rating
(Long-Term ICR) of “bbb” of The Hanover Insurance Group, Inc. (THG)
[NYSE:THG] (Worcester, MA) is unchanged following the announcement on
Sept. 13, 2018, that THG has entered into a definitive agreement with
China Reinsurance (Group) Corporation (China Re) under which it will
sell three of its wholly owned subsidiaries, The Hanover Insurance
International Holdings Ltd., The Hanover Australia Holding Company Pty
Ltd and Chaucer Insurance Company Designated Activity Comp
Sep 13, 2018 07:30 am ET
The Hanover Insurance Group, Inc. Announces Agreement to Sell Chaucer for Total Proceeds of $950 million
WORCESTER, Mass., Sept. 13, 2018 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced it has entered into a definitive agreement to sell the entities comprising Chaucer, its Lloyd's-focused international specialty business, to China Reinsurance (Group) Corporation ("China Re"), for total proceeds of $950 million, including cash consideration from China Re of $865 million and a pre-signing dividend from Chaucer of $85 million, received in the second quarter of this year. The transaction will position The Hanover to continue the successful expansion of its domestic bus
Sep 04, 2018 09:15 am ET
The Hanover Insurance Group, Inc. Declares Quarterly Dividend of $0.54 Per Common Share
WORCESTER, Mass., Sept. 4, 2018 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) announced today that its board of directors has declared a quarterly dividend of $0.54 per share on the issued and outstanding common stock of the company, payable September 28, 2018, to shareholders of record at the close of business on September 14, 2018.
Aug 29, 2018 10:30 am ET
The Hanover Introduces SafeTeen Program to Educate and Reward New Drivers
WORCESTER, Mass., Aug. 29, 2018 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced the launch of its new SafeTeen driving program, which offers education, rewards and savings for new drivers and their parents. The program was created in response to the increasing risks distracted driving poses for new drivers. Through The Hanover's SafeTeen program, the company provides its agent partners a full suite of education and discount options to offer customers who add teen drivers to a policy.
Aug 27, 2018 11:00 am ET
The Hanover Insurance Group To Present At The Keefe, Bruyette & Woods Insurance Conference September 6
WORCESTER, Mass., Aug. 27, 2018 /PRNewswire/ -- John C. Roche, president and chief executive officer, and Jeffrey M. Farber, executive vice president and chief financial officer at The Hanover Insurance Group, Inc. (NYSE: THG) are scheduled to speak at the KBW Insurance Conference at 10:10 a.m. ET on Thursday, September 6, 2018.
Aug 01, 2018 04:05 pm ET
The Hanover Reports Second Quarter Net Income and Operating Income of $2.31 and $2.20 per Diluted Share, Respectively; Second Quarter Combined Ratio of 95.5%; Combined Ratio Excluding Catastrophes of
WORCESTER, Mass., Aug. 1, 2018 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today reported net income of $99.3 million, or $2.31 per diluted share, in the second quarter of 2018, compared to $78.4 million, or $1.83 per diluted share, in the prior-year quarter. Operating income(1) was $94.6 million, or $2.20 per diluted share, for the second quarter of 2018, compared to operating income of $72.3 million, or $1.69 per diluted share, in the prior-year quarter.
Jul 30, 2018 03:30 pm ET
The Hanover Insurance Group Appoints Eric C. Cernak to Lead Cyber Practice
WORCESTER, Mass., July 30, 2018 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced Eric C. Cernak has been appointed as the head of its cyber practice. In this role, Cernak is responsible for overseeing The Hanover's corporate cyber strategy across all of its commercial lines and specialty businesses, to ensure a cohesive offering of products and services for the company's independent insurance agent partners.
Jul 03, 2018 12:42 pm ET
The Hanover Insurance Group, Inc. to Issue Second Quarter Financial Results on August 1
WORCESTER, Mass., July 3, 2018 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) expects to issue its second quarter financial results after the market closes on Wednesday, August 1. The company will webcast a discussion of its results on Thursday, August 2, at 8:00 a.m. ET, through its website at www.hanover.com.
Jun 11, 2018 01:27 pm ET
The Hanover Enhances Professional Liability Offering for Architects and Engineers
WORCESTER, Mass., June 11, 2018 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced enhancements to its Architects and Engineers Advantage professional liability product. These specialized coverages offer enhanced protection against the financial impact of claims or lawsuits resulting from allegations of negligence, malpractice, or errors and omissions, especially as new technological innovations and efficiencies continue to be used.
Jun 07, 2018 04:30 pm ET
A.M. Best Affirms Credit Ratings of The Hanover Insurance Group, Inc. and Its Subsidiaries
A.M. Best has affirmed the Financial Strength Rating (FSR) of A
(Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of
“a” of the subsidiaries of the parent holding company, The Hanover
Insurance Group, Inc. (THG) [NYSE: THG], collectively referred to as Hanover
Insurance Group Property and Casualty Companies (The Hanover).
Additionally, A.M. Best has affirmed the Long-Term ICR of “bbb” and all
Long-Term Issue Credit Ratings (Long-Term IR) of THG. The outlook of
these Credit Ratings (ratings) is stable. All a
May 31, 2018 04:30 pm ET
The Hanover Insurance Group Appoints Frank M. Baron to Lead Alternative Markets Unit
WORCESTER, Mass., May 31, 2018 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced that Frank M. Baron has been appointed president of Alternative Markets, a newly formed business unit within the company's domestic specialty group. In this role, Baron will lead the company's specialty programs, excess and surplus (E&S) and specialty brokerage businesses, helping The Hanover expand its business across each of these specialties and providing a more seamless solution for its agent partners.
May 29, 2018 07:35 am ET
New Research Coverage Highlights Seaboard, The Hanover Insurance Group, Atara Biotherapeutics, Plexus, NV5 Global, and Analogic — Consolidated Revenues, Company Growth, and Expectations for 2018
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Seaboard Corporation (NYSE:SEB), The Hanover Insurance Group, Inc....
May 24, 2018 01:30 pm ET
The Hanover Expands its Surety Leadership Team to Support Growth and Momentum
WORCESTER, Mass., May 24, 2018 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced it has expanded its surety leadership team to support its growth in commercial surety.
May 15, 2018 12:28 pm ET
The Hanover Insurance Group Announces Retirement of Longtime Chairman Michael P. Angelini
WORCESTER, Mass., May 15, 2018 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced Michael P. Angelini, the longtime chairman of the company's board of directors, will retire from the board effective today, after more than 30 years of distinguished service to the company and its affiliates. The Hanover's governance guidelines prohibit directors from continuing beyond age 75.
May 15, 2018 10:27 am ET
The Hanover Insurance Group, Inc. Declares Quarterly Dividend of $0.54 Per Common Share
WORCESTER, Mass., May 15, 2018 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) announced today that its board of directors has declared a quarterly dividend of $0.54 per share on the issued and outstanding common stock of the company, payable June 29, 2018, to shareholders of record at the close of business on June 8, 2018.
May 09, 2018 01:30 pm ET
The Hanover recognized by Forbes as one of "America's Best Mid-Size Employers"
WORCESTER, Mass., May 9, 2018 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced it was named to Forbes' list of "America's Best Employers" for 2018, making this the fourth consecutive year the company has been recognized.
May 03, 2018 03:00 pm ET
CoverWallet Expands its Innovative Insurtech Platform to The Hanover Insurance Group Agents
NEW YORK, May 3, 2018 /PRNewswire/ -- CoverWallet, the leading small business insurance startup, today announced the launch of a new online B2B platform for carriers and agents to manage the entire lifecycle of their customers. The Hanover Insurance Group, Inc. is the first carrier to use the technology and will provide the platform to agents for its emerging micro-small commercial business.
May 02, 2018 04:15 pm ET
The Hanover Reports First Quarter Net Income and Operating Income of $1.57 and $1.95 per Diluted Share, Respectively; First Quarter Combined Ratio of 96.9%; Combined Ratio Excluding Catastrophes of 91
WORCESTER, Mass., May 2, 2018 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today reported net income of $67.7 million, or $1.57 per diluted share, in the first quarter of 2018, compared to $45.2 million, or $1.05 per diluted share, in the prior-year quarter. Operating income(1) was $84.0 million, or $1.95 per diluted share, for the first quarter of 2018, compared to operating income of $40.8 million, or $0.95 per diluted share, in the prior-year quarter. The difference between net and operating income in the first quarter of 2018 was primarily due to the decline in fair valu
Apr 30, 2018 11:30 am ET
Forbes Insights and The Hanover Find Less Than Half of Small Business Owners Spend Sufficient Time Assessing Their Insurance Needs
WORCESTER, Mass., April 30, 2018 /PRNewswire/ -- A new study indicated that less than 37 percent of small business owners feel they have adequate insurance protection, according to a study conducted by Forbes Insights, the strategic research and thought leadership practice of Forbes Media, and The Hanover Insurance Group, Inc., a leading property and casualty insurance company. The joint 2018 Small Business Risk Report surveyed small business owners across the country to evaluate their understanding of insurance risk exposures and insurance purchase behaviors.
Apr 19, 2018 03:30 pm ET
The Hanover Enhances Commercial Customer Service Center to Service More Specialty Lines
WORCESTER, Mass., April 19, 2018 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced it has expanded its commercial lines customer service center to service additional specialty coverages within management liability.
Apr 16, 2018 04:15 pm ET
The Hanover Estimates the Impact of First Quarter Catastrophes
WORCESTER, Mass., April 16, 2018 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) announced today the estimated impact of catastrophe-related activity on its first quarter results.
Apr 04, 2018 07:55 am ET
Factors of Influence in 2018, Key Indicators and Opportunity within The Hanover Insurance Group, Liberty Media, 8point3 Energy Partners LP, EnPro Industries, Universal Electronics, and Daktronics — Ne
NEW YORK, April 04, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of The Hanover Insurance Group, Inc. (NYSE:THG),...
Apr 03, 2018 03:49 pm ET
The Hanover Insurance Group, Inc. to Issue First Quarter Financial Results on May 2
WORCESTER, Mass., April 3, 2018 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) expects to issue its first quarter financial results after the market closes on Wednesday, May 2. The company will webcast a discussion of its results on Thursday, May 3, at 10:00 a.m. ET, through its website at www.hanover.com.
Mar 29, 2018 11:37 am ET
The Hanover Insurance Group, Inc. To Hold Annual Meeting of Shareholders on Tuesday, May 15
WORCESTER, Mass., March 29, 2018 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) will host its annual meeting of shareholders on Tuesday, May 15, at its headquarters, located at 440 Lincoln Street in Worcester, Massachusetts.
Mar 28, 2018 11:04 am ET
The Hanover Insurance Group is Exploring Strategic Alternatives for its International Specialty Business
WORCESTER, Mass., March 28, 2018 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today confirmed it is undertaking a review of strategic alternatives, including a possible sale, for London-based Chaucer, its international specialty insurance business. The company has retained Goldman Sachs & Co., LLC. to serve as its adviser through the process.
Mar 12, 2018 01:15 pm ET
Increasing Number of Motorists Are Uninsured, Putting Insured Drivers At Risk
WORCESTER, Mass., March 12, 2018 /PRNewswire/ -- Nearly one in eight U.S. drivers was uninsured in 2015, putting insured drivers at greater risk in the event of an auto accident, according to a new study.
Mar 07, 2018 01:00 pm ET
The Hanover Introduces Online Tool, Allowing Agents to Quote, Bind and Issue Contractor's Equipment Policies
WORCESTER, Mass., March 7, 2018 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced the expansion of its marine online system, TAP Sales Marine, to allow the company's independent agent partners to quickly and easily quote and issue contractor's equipment policies.
Feb 27, 2018 08:15 am ET
The Hanover Insurance Group, Inc. declares Quarterly Dividend of $0.54 per Common share
WORCESTER, Mass., Feb. 27, 2018 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) announced today that its board of directors has declared a quarterly dividend of $0.54 per share on the issued and outstanding common stock of the company, payable March 29, 2018, to shareholders of record at the close of business on March 9, 2018.
Feb 26, 2018 03:38 pm ET
The Hanover Insurance Group, Inc. Elects Kevin Bradicich to Board of Directors
WORCESTER, Mass., Feb. 26, 2018 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced Kevin Bradicich has been elected to the company's board of directors, effective immediately. Bradicich, 60, recently retired from his role as senior partner at McKinsey & Company, Inc., where he worked for almost 35 years.
Feb 06, 2018 08:20 am ET
New Research: Key Drivers of Growth for KMG Chemicals, The Hanover Insurance Group, Plexus, American Eagle Outfitters, Aquantia, and Analogic — Factors of Influence, Major Initiatives and Sustained Pr
NEW YORK, Feb. 06, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of KMG Chemicals, Inc. (NYSE:KMG), The Hanover...
Feb 05, 2018 11:00 am ET
The Hanover Insurance Group To Present At The Bank of America Merrill Lynch 2018 Insurance Conference
WORCESTER, Mass., Feb. 5, 2018 /PRNewswire/ -- John C. Roche, president and chief executive officer at The Hanover Insurance Group, Inc. (NYSE: THG), is scheduled to speak at the Bank of America Merrill Lynch 2018 Insurance Conference at 4:05 p.m. ET on Wednesday, February 14, 2018.
Jan 31, 2018 03:15 pm ET
The Hanover Reports Fourth Quarter Net Income and Operating Income of $1.20 and $2.00 per Diluted Share, Respectively; Fourth Quarter Combined Ratio of 95.1%; Combined Ratio Excluding Catastrophes of
WORCESTER, Mass., Jan. 31, 2018 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today reported net income of $51.5 million, or $1.20 per diluted share, for the fourth quarter of 2017, compared to a net loss of $13.5 million, or $0.32 per diluted share, in the prior-year quarter. Operating income(1) was $86.0 million, or $2.00 per diluted share, for the fourth quarter of 2017, compared to an operating loss of $19.7 million, or $0.46 per diluted share, in the prior-year quarter.
Jan 03, 2018 11:00 am ET
The Hanover Insurance Group, Inc. To Issue Fourth Quarter Financial Results On January 31
WORCESTER, Mass., Jan. 3, 2018 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) expects to issue its fourth quarter financial results after the market closes on Wednesday, January 31. The company will webcast a discussion of its results on Thursday, February 1, at 10:00 a.m. ET, through its website at www.hanover.com.
Dec 21, 2017 06:30 am ET
The Hanover Insurance Group, Chaucer Create Reinsurance Sidecar
WORCESTER, Mass., Dec. 21, 2017 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced Chaucer, the company's international specialty insurance group, has sponsored the formation of a reinsurance sidecar to provide collateralized capacity for Chaucer Syndicate 1084's global property reinsurance portfolio in 2018.
Nov 29, 2017 10:00 am ET
The Hanover Enhances Product Recall Coverage
WORCESTER, Mass., Nov. 29, 2017 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced it has expanded its product recall coverage to include additional protections for manufacturing companies. These investments reinforce The Hanover's commitment to provide relevant, comprehensive insurance solutions for its agent partners.
Nov 07, 2017 04:22 pm ET
The Hanover Insurance Group Appoints Richard W. Lavey President of Hanover Agency Markets
WORCESTER, Mass., Nov. 7, 2017 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced Richard W. Lavey has been appointed president of Hanover Agency Markets, effective immediately, leading the company's personal and core commercial lines businesses, as well as its field operations. He will succeed John C. Roche, who was recently appointed president and chief executive officer of The Hanover.
Nov 01, 2017 05:15 pm ET
The Hanover Reports Third Quarter Net Income and Operating Income of $0.26 and $0.11 Per Diluted Share, Respectively, Despite Heavy Industry Catastrophe Activity; Combined Ratio of 104.8%; Combined Ra
WORCESTER, Mass., Nov. 1, 2017 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today reported net income of $11.1 million, or $0.26 per diluted share, for the third quarter of 2017, compared to net income of $88.4 million, or $2.06 per diluted share, in the prior-year quarter. Operating income(1) was $4.7 million, or $0.11 per diluted share, for the third quarter of 2017, compared to $78.6 million, or $1.83 per diluted share, in the prior-year quarter.
Oct 12, 2017 03:00 pm ET
The Hanover Expands TrustedChoice.com Partnership
WORCESTER, Mass., Oct. 12, 2017 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced it has advanced its partnership with TrustedChoice.com to a national level, enabling The Hanover's agent partners to connect with new, digitally-engaged personal and commercial lines consumers across the country. TrustedChoice.com is an online consumer branding and marketing program sponsored by the Independent Insurance Agents & Brokers Association.
Oct 10, 2017 05:34 pm ET
The Hanover Insurance Group Appoints John C. Roche Chief Executive Officer; Joseph M. Zubretsky to Pursue Healthcare Opportunity
WORCESTER, Mass., Oct. 10, 2017 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced John C. Roche has been appointed president and chief executive officer, effective Nov. 4. He will succeed Joseph M. Zubretsky, who has accepted a career opportunity outside of the property and casualty industry. Zubretsky will remain with the company through Nov. 3.
Oct 05, 2017 05:15 pm ET
The Hanover Estimates The Impact Of Third Quarter Catastrophes
WORCESTER, Mass., Oct. 5, 2017 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) announced today that it estimates third quarter catastrophe losses to be in the range of $185 to $225 million before taxes and net of reinsurance. This estimate includes anticipated losses from hurricanes Harvey, Irma, Maria and the two Mexico earthquakes, as well as other catastrophe activity in the quarter.
Sep 27, 2017 12:42 pm ET
The Hanover Insurance Group, Inc. To Issue Third Quarter Financial Results On November 1
WORCESTER, Mass., Sept. 27, 2017 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) expects to issue its third quarter financial results after the market closes on Wednesday, November 1. The company will webcast a discussion of its results on Thursday, November 2, at 10:00 a.m. ET, through its website at www.hanover.com.
Aug 28, 2017 03:45 pm ET
The Hanover Insurance Group To Present At The Keefe, Bruyette & Woods Insurance Conference September 6
WORCESTER, Mass., Aug. 28, 2017 /PRNewswire/ -- Joseph M. Zubretsky, president and chief executive officer at The Hanover Insurance Group, Inc. (NYSE: THG) is scheduled to speak at the KBW Insurance Conference at 1:00 p.m. ET on Wednesday, September 6, 2017.
Aug 15, 2017 12:14 pm ET
The Hanover Insurance Group, Inc. Declares Quarterly Dividend Of $0.50 Per Common Share
WORCESTER, Mass., Aug. 15, 2017 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) announced today that its board of directors has declared a quarterly dividend of $0.50 per share on the issued and outstanding common stock of the company, payable September 29, 2017, to shareholders of record at the close of business on September 15, 2017.
Aug 07, 2017 02:30 pm ET
The Hanover Underwrites National Accountants E&O Program
WORCESTER, Mass., Aug. 7, 2017 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced it has been appointed the exclusive underwriter of McGowanPRO's accountants insurance program, providing coverage to more than one thousand accounting firms. The program, CPAOnePro, provides broad protection for the specific risks facing accountants and consultants.
Aug 02, 2017 05:15 pm ET
The Hanover Reports Second Quarter Net Income and Operating Income (1) of $1.83 and $1.69 per Diluted Share, Respectively; Combined Ratio of 95.6%, including Catastrophe Impact of 4.8 points; Operatin
WORCESTER, Mass., Aug. 2, 2017 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today reported net income of $78.4 million, or $1.83 per diluted share, for the second quarter of 2017, compared to net income of $2.0 million, or $0.05 per diluted share, in the prior-year quarter, which included a non-operating charge of $56.0 million, net of tax, on the retirement of debt. Operating income was $72.3 million, or $1.69 per diluted share, for the second quarter of 2017, compared to $54.0 million, or $1.24 per diluted share, in the prior-year quarter.
Jul 11, 2017 04:02 pm ET
The Hanover Insurance Group, Inc. To Issue Second Quarter Financial Results On August 2
WORCESTER, Mass., July 11, 2017 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) expects to issue its second quarter financial results after the market closes on Wednesday, August 2. The company will webcast a discussion of its results on Thursday, August 3, at 10:00 a.m. ET, through its website at www.hanover.com.
Jul 10, 2017 12:00 pm ET
The Hanover Enhances Education Advantage Product Suite
WORCESTER, Mass., July 10, 2017 /PRNewswire/ -- As a leading provider of insurance protection for educational institutions, The Hanover Insurance Group, Inc. (NYSE: THG) today announced it has expanded its Hanover Education Advantage product suite to include enhanced and broadened coverages, providing its agent partners with more opportunities to tailor insurance protection to the needs of their clients.
Jul 03, 2017 03:00 am ET
The Hanover Insurance Group, Inc. and Chaucer Announce Acquisition of SLE Holdings
WORCESTER, Mass., July 3, 2017 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced that Chaucer, the company's international specialty insurance group, has acquired SLE Holdings, a market-leading Lloyd's managing general underwriting agency based in Sydney, Australia. SLE, which currently underwrites business exclusively in Australia, wrote approximately U.S. $25 million of specialty premium in 2016, with a focus on the sports, leisure and entertainment markets.
Jun 21, 2017 09:30 am ET
Jun 13, 2017 11:39 am ET
The Hanover Enters the Pennsylvania Personal Lines Insurance Market
WORCESTER, Mass., June 13, 2017 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced it has expanded its business in Pennsylvania to include personal lines insurance and has appointed a group of the top independent agents in the Commonwealth to serve its growing customer base.
May 31, 2017 04:36 pm ET
The Hanover Introduces Online Builders Risk Tool, Allowing Agents to Quote, Bind and Issue Policies
WORCESTER, Mass., May 31, 2017 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced the availability of an online system that allows the company's independent agent partners to quickly and easily quote and issue builders risk policies.
May 30, 2017 05:38 pm ET
The Hanover Insurance Group, Inc. Elects Michael D. Price to Board of Directors
WORCESTER, Mass., May 30, 2017 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced that Michael D. Price has been elected to the company's board of directors, effective July 3, and will serve on the board's audit committee. Price, 50, is a highly experienced senior insurance executive.
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