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Hanover Insurance Posts Q3 Loss But CEO Sees Positive Trends

National News • October 31, 2008
Worcester-Mass.-based Hanover Insurance Group Inc. posted a $61.8 million quarterly net loss, as like other insurers it felt the pain of storm and investment losses, but the CEO said his company ...

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Subject: Stock companies

Posted On: October 31, 2008, 1:26 pm CDT
Posted By: Bill
Comment:
Why is this affecting stock companies and mutuals by and large avoided the crisis. I believe that this is proof that mutuals are better carriers to deal with not only from a purchasing stand point but from an ethics stand point. We now have Met,Prudential, Hartford, CNA, AIG, Allstate, now Hanover. What do they all have in common? Stockholders and corporate officers with stock options looking for a return on investment. The pressure is too much for the management to get a large return on investment and the end loser is the stockholders and policy holders of these companies.
Subject Posted By Posted On
RE: Stock companies check that
Nov 1, 2008, 7:12 am
RE: Hanover 3 q loss Hanover?
Nov 1, 2008, 7:09 am
Hanover 3 q loss James Benson
Oct 31, 2008, 4:08 pm
Stock companies Bill
Oct 31, 2008, 1:26 pm
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