Latest Hanover Headlines
All the headlines from our Hanover Topic Page, ordered by recency.
Hanover Insurance to Sell Specialty Unit Chaucer to China Re for $950 Million
Sep 13 2018 // The Hanover Insurance Group has agreed to sell Chaucer, its Lloyd’s-focused international specialty business, to China Reinsurance Group Corp. for total proceeds of $950 million. The Hanover had indicated in March it...
Hanover Hires Munich Re’s Cernak to Head Cyber Practice
Jul 31 2018 // The Hanover Insurance Group, Inc. has appointed Eric C. Cernak has the head of its cyber practice. In this role, Cernak is responsible for overseeing corporate cyber strategy across all of its commercial lines and...
Hanover Stone Names Loughridge as Sr. Advisor – Strategic Planning in Chicago
Jun 29 2018 // Hanover Stone Solutions, an advisory firm providing risk consulting services, including enterprise risk management (ERM), ORSA compliance and strategic planning consulting, to U.S. property/casualty and life insurance...
Hanover Stone Solutions Appoints Morrissey, Dubois as Senior Advisors in NYC
Jun 29 2018 // Hanover Stone Solutions, an advisory firm providing risk consulting services to U.S. property and casualty and life insurance companies, has appointed Joanne Morrissey and Gary Dubois as senior advisors based in New York...
Hanover Stone Names Shew Holland Higher Education Practice Leader in Dallas
Jun 29 2018 // Risk management services firm, Hanover Stone Partners, has tapped Ellen Shew Holland to lead its newly established national higher education practice. She is based in Dallas. Shew Holland will lead a practice that will...
Insider Viewpoint: How Contractors’ Use of Digital Surveillance Enhances Quality While Reducing Defect Litigation
Jun 18 2018 // In the quality assurance world, the days of clipboards, pencils and punch lists have gone the way of green eye shades and buggy whips. Today’s quality assurance is based on sophisticated, digitally generated business...
Massachusetts’ The Hanover Appoints Baron President of Alternative Markets
Jun 1 2018 // The Hanover Insurance Group Inc. has appointed Frank M. Baron as president of Alternative Markets, a newly formed business unit within the company’s domestic specialty group. In this role, Baron will lead the...
Hanover Insurance Weighs Selling London Specialty Unit Chaucer
Mar 28 2018 // The Hanover Insurance Group is weighing the sale of its international specialty insurance business, London-based Chaucer. The Worcester, Mass.-based company issued a statement confirming that it “is undertaking a...
USI Affinity to Offer The Hanover Lawyer’s PL Product in Select States
Mar 6 2018 // USI Affinity has entered into an agreement with The Hanover Insurance Company to provide an enhanced lawyer’s professional liability insurance product in the following states: N.J., Mass., D.C., Conn., Md., Va. and...
The Hanover, Chaucer Form Reinsurance Sidecar to Tap 3rd Party Capital
Dec 22 2017 // The Hanover Insurance Group Inc. announced that Chaucer, the company’s international specialty insurance group, has sponsored the formation of a reinsurance sidecar to provide collateralized capacity for Chaucer...
Lavey Named President of Hanover Agency Markets, Field Operations
Nov 9 2017 // Hanover Insurance Group announced that company veteran Richard W. Lavey has been appointed president of Hanover Agency Markets. The appointment is effective immediately. Lavey will lead the company’s personal and...
Hanover Insurance Taps Roche for CEO as Zubretsky Departs for Molina
Oct 11 2017 // The Hanover Insurance Group announced Tuesday that John C. Roche has been appointed president and chief executive officer, effective Nov. 4, succeeding Joseph M. Zubretsky. The news came about a half hour before Molina...
Massachusetts’ The Hanover Eliminating Approximately 160 Positions
Aug 7 2017 // The Hanover Insurance Group Inc., a Worcester, Mass.-based holding company for several property and casualty insurance companies, reported in its second quarter results that it has initiated expense actions to eliminate...
The Hanover’s Chaucer Acquires SLE Holdings, Sydney-Based MGA
Jul 5 2017 // The Hanover Insurance Group Inc. 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...
The Hanover & Chaucer Launch Dublin-Based International Specialty Insurer
Jun 22 2017 // The Hanover Insurance Group, Inc. and its subsidiary, Chaucer, announced that they will form a Dublin-based company, Chaucer Insurance Co. DAC (Chaucer Dublin), to write international specialty insurance business. The...
Allstate’s Encompass Insurance to Exit Massachusetts This Summer
Jun 5 2017 // Encompass Insurance, an Allstate Insurance company that sells business through independent agents, outlined in its first quarter 2017 earnings release its intent to withdraw from Massachusetts starting in late June as part...
Massachusetts’ The Hanover Insurance Group Elects Price to Board of Directors
May 31 2017 // The Hanover Insurance Group Inc., a Worcester, Mass.-based holding company for several property and casualty insurance companies, has elected Michael D. Price to the company’s board of directors, effective July 3....
Hanover Insurance Names Zurich’s Salvatore as President of Specialty
May 26 2017 // The Hanover Insurance Group Inc., a Worcester, Mass.-based holding company for several property and casualty insurance companies, has appointed Bryan J. Salvatore as executive vice president and president of specialty,...
Massachusetts Court Reverses Ruling in Rotten Seafood Coverage Dispute
May 15 2017 // The Massachusetts Appeals Court has reversed a lower court’s ruling in a case examining whether damage to scallops at a seafood processing facility, when the cause of damage is unknown, constitutes an occurrence...
Allstate’s Encompass Insurance to Exit Massachusetts This Summer
May 11 2017 // Encompass Insurance, an Allstate Insurance company that sells business through independent agents, outlined in its first quarter 2017 earnings news release its intent to withdraw from Massachusetts as part of its profit...
