The Hanover Insurance Group News

Hanover Insurance to Sponsor Basketball Hall of Fame’s Annual Event

The Hanover Insurance Group said it will be the main sponsor for the Naismith Memorial Basketball Hall of Fame’s 2013 class announcement.The annual announcement will take place in Atlanta on April 8, the Championship Monday of the NCAA Men’s Final …

The Hanover Posts $55M Q4 Loss, but Full-Year 2012 Profit Up 52% to $56M

The Hanover Insurance Group in Worcester, Mass., reported a net loss of $55.0 million for the 2012 fourth quarter, in contrast to $49.6 million profit posted for the fourth quarter of 2011. The Hanover’s latest financial results were hurt by …

Hanover Insurance Advises Homeowners to Watch Out for Ice Dams

As low temperatures sweep across the Northeast, ice dams increasingly are becoming a hazard for home and business owners alike.And with winter weather continuing, The Hanover Insurance Group Inc. in Worcester, Mass. is advising property owners to take action to …

Hanover Insurance Estimates $120-140M Net Loss From Sandy

The Hanover Insurance Group Inc. announced its preliminary loss estimate from Superstorm Sandy. The Worcester, Mass.-based insurer said it currently estimates the net after-tax earnings impact of the storm to be in the range of $120 to $140 million. Based …

The Hanover Posts $20.8 million Q2 Profit

The Hanover Insurance Group, a Worcester, Mass.-based property/casualty insurer, reported $20.8 million profit for the 2012 second quarter, improving from a loss of $32.2 million reported a year earlier. Smaller catastrophe losses and a strong contribution from U.K.-based Chaucer — …

Hanover Insurance Group Q1 Profit Up 70% to $49.7M

The Hanover Insurance Group reported $49.7 million net income for its 2012 first quarter, up 70 percent from $29.3 million reported during the same period one year ago. Profit continues to get a boost from its London-based Chaucer unit, which …

160-Year Old Hanover Retaking Its Place as P/C Industry Leader

Eight out of 160 years of history may not seem like a big deal but for Hanover Insurance Group, founded in 1852, the last eight years have seen a series of big deals. Eight years ago in 2004, the $2.4 …

Hanover Names Lavallee Personal Lines Sales Manager in Massachusetts

The Hanover Insurance Group Inc. has appointed Meredith Lavallee as personal lines territory sales manager for the company’s Massachusetts market, effective Aug. 1. In her new role, Lavallee will help the company’s agents sell The Hanover’s portfolio of personal lines …