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 … Read more

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. 82% of the company’s employees took part in the campaign, which included a matching contribution from the … Read more

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. Lovely joins The Hanover from PricewaterhouseCoopers (PwC), where he … Read more

The Hanover Announces the Launch of its Small Business Digital Exchange Gateway

Helping agents streamline small business placement WORCESTER, Mass., Dec. 6, 2022 /PRNewswire/ — The Hanover Insurance Group, Inc. (NYSE: THG) today announced it has launched The Hanover Small Business Digital Exchange Gateway, an innovative collection of insurtech platforms that enable agents to access The Hanover directly through existing connections in their commercial lines quoting solutions. The Small Business … Read more

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 … Read more

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 WORCESTER, Mass., Nov. 28, 2022 /PRNewswire/ — The Hanover Insurance Group, Inc. (NYSE: THG) today announced it has appointed Eric M. Schuler president of management and executive liability, effective immediately. In this role, Schuler will assume responsibility for the strategy and execution … Read more