Latest Hanover Headlines
All the headlines from our Hanover Topic Page, ordered by recency.
US Roof Maintenance Lags: Hanover
Jul 1 2024 // More than half of U.S. homeowners did not check their roofs for issues between February 2023 and 2024, according to a recent report by The Hanover Insurance Group. Only 38% of survey respondents reported checking for roof...
OSHA Cites Hanover Foods for 70 Alleged Safety Violations
May 1 2024 // Pennsylvania-based food manufacturer Hanover Foods Corp. has been found in violation of dozens of safety and health hazards at its Centre Hall facility, according to federal officials. The federal Occupational Safety and...
Weekly Q4 2023 Earnings Wrap: The Hartford, The Hanover, Markel, and Selective
Feb 2 2024 // The Hartford said fourth quarter net income available to common stockholders increased 30% to $766 million. The insurer ended the year with net income up 38% to about $2.5 billion. Commercial lines record fourth quarter...
The Hanover Expects $196M in Q3 Catastrophe Losses
Oct 19 2023 // Ahead of its third quarter earnings announcement early next month, The Hanover Insurance Group released a preliminary estimate of catastrophe losses of nearly $196 million primarily from multiple convective storms in the...
Homeowners Unprepared for Non-Weather-Related Water Damage: Hanover Report Shows
Oct 16 2023 // Homeowners lack preparedness for non-weather-related water damage, even though water damage ranks as the second most prevalent cause of insurance loss claims, according to The Hanover Insurance Group in a new...
People Moves: Duble to Retire from Fred C. Church; Hanover Names Seibold, Barrett to Leadership; Mulick Joins IMA in Sales
Sep 14 2023 // Fred C. Church Makes Key Personnel Changes to Its Education Team Chris Duble, Fred C. Church chief executive officer and client executive, has announced his plans to retire at the end of 2024. Duble began his career in...
People Moves: Hamann Named President of Hanover Small Commercial; Chilson Becomes Argo Surety President; Ryan Specialty Hires Conklin for Chief HRO
Aug 24 2023 // The Hanover Appoints Hamann President of Small Commercial The Hanover Insurance Group, Inc., headquartered in Worcester, Mass., appointed Charles (Chip) F. Hamann to president of small commercial. Hamann has over 35 years...
The Hanover Insurance Group Estimates Q2 Catastrophe Losses of $262 Million
Jul 21 2023 // The Hanover Insurance Group Inc. 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...
People Moves: Connecticut Department Names Callanan as General Counsel; Hanover Appoints Williams E&S President
Feb 6 2023 // Connecticut Insurance Department Names Callanan as General Counsel Connecticut Insurance Commissioner Andrew N. Mais has named Jane Callanan, of Wallingford, his department’s new general counsel. Before taking on...
The Hanover Reports $11M Q4 Loss
Feb 2 2023 // The Hanover Insurance Group reported a fourth quarter 2022 loss of $11.6 million, driven by widespread catastrophic losses from Winter Storm Elliott. Results were in comparison to net income of $163.5 million in the...
The Hanover: $28M Loss From Ian as Overall Cat Losses Exceed Assumption
Oct 20 2022 // The Hanover Insurance Group on Oct. 20 released an estimate of third-quarter overall catastrophe and Hurricane Ian-related losses. Q3 catastrophe losses are expected to be about $90 million, pre tax. Estimated losses from...
Auto-Owners, Erie, Cincinnati, Hartford, Hanover Tops in Agents’ Satisfaction: J.D. Power
Oct 17 2022 // Despite near constant disruption from the twin forces of digital transformation and economic uncertainty, independent insurance agents have never been more satisfied with their carrier partners. According to the J.D. Power...
Auto-Owners, Erie, Cincinnati, Hartford, Hanover Tops in Agents’ Satisfaction: J.D. Power
Oct 4 2022 // Despite near constant disruption from the twin forces of digital transformation and economic uncertainty, independent insurance agents have never been more satisfied with their carrier partners. According to the J.D. Power...
Agency’s Specialty Portfolio Often Fragmented by Working With Multiple Carriers
Feb 23 2022 // The Hanover Insurance Group recently 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...
Norman-Spencer to Grow E&O Program Through RPG with The Hanover
Jan 27 2022 // Cincinnati, Ohio-based Norman-Spencer is growing its current real estate errors & omissions (E&O) program by creating an exclusive Risk Purchasing Group (RPG) with The Hanover Insurance Group. Exclusive coverages...
The Hanover Enhances Product Suites for Lawyers, Healthcare Facilities
Jul 29 2021 // The Hanover Insurance Group Inc. said it has enhanced its product suites for lawyers and healthcare facilities. The Hanover Lawyers Advantage product suite offers stand-alone professional liability coverage for a wide...
Beacon Mutual Names Hanover’s Tumeinski as Chief Financial Officer
Jan 27 2021 // The Beacon Mutual Insurance Company has named Gregg Tumeinski as chief financial officer (CFO). Tumeinski will succeed Cynthia Lawlor, who is retiring after more than 28 years at the Rhode Island workers’...
Hanover Insurance Enters Maryland Personal Lines Insurance Market
Oct 27 2020 // The Hanover Insurance Group Inc. (THG) has expanded its business in Maryland to include personal lines insurance and appointed a group of independent agents in the state to serve its growing customer base. The Hanover has...
The Hanover Targets Home-Based Businesses with New Coverage Suite
Sep 16 2020 // The Hanover Insurance Group, Inc. has launched a suite of coverages designed to protect homeowners who generate income through home-based businesses or short-term rentals of their properties. The Hanover’s new...
Hanover Insurance Sees Profit Jump, Limited COVID Impact in Q2
Jul 29 2020 // The Hanover Insurance Group Inc. reported net income of $115.2 million in the second quarter of 2020, compared to $74.0 million in the prior-year quarter. The insurer said it has experienced limited COVID-19-related loss...
