The Hanover Insurance Group News

Massachusetts’ The Hanover Insurance Group Hires Farber

The Hanover Insurance Group Inc., a Worcester, Mass. based holding company for several property and casualty insurance companies, has appointed Jeffrey M. Farber as executive vice president and chief financial officer. Farber succeeds Eugene M. Bullis, who has served as …

Robinson Resigns as Hanover President of Specialty Insurance

The Hanover Insurance Group Inc., a Worcester, Mass.-based holding company for several property and casualty insurance firms, has announced the September resignation of Andrew S. Robinson, executive vice president and president of specialty insurance. His resignation will take effect September …

Lloyd’s Insurer Chaucer Expects Underwriting Loss During Q2 2016

The impact of catastrophes, large loss activity and foreign exchange movements are expected to bring an underwriting loss for Chaucer in the second quarter, when it will report a combined ratio in the range of 103 to 105 percent, according …

Hanover Insurance Taps Aetna’s Zubretsky to Replace Eppinger as CEO

The Hanover Insurance Group today announced that it has named Joseph M. Zubretsky president, chief executive officer, and director effective June 20. He succeeds Frederick H. Eppinger, who last fall announced his intention to retire. Zubretsky, 59, has 35 years …

The Hanover’s Q1 Net Income Jumps 42% to $78M

The Hanover Insurance Group Inc. reported net income of $78.2 million for the 2016 first quarter, a 42 percent increase from net income of $54.9 million in the first quarter of 2015. The latest earnings benefited from lower catastrophe losses. …

Hanover Q3 Profit Increases 42% to $78M

The Hanover Insurance Group Inc. reported $78.3 million net income for its 2015 third quarter, a 42.6 percent increase from $54.9 million net income reported a year earlier. The Worcester, Massachusetts-based insurer said the latest quarterly results were helped by …

Hanover Offers Insurance Tips for New Car Shoppers

As new 2016 car models arrive and auto dealers clear their lots of 2015 models, shoppers planning to buy a new vehicle may want to consider updating their insurance policies to protect their purchases, The Hanover Insurance Group in Worcester, …

Hanover Insurance Announces 3 International Executive Appointments

The Hanover Insurance Group Inc., based in Worcester, Mass, announced that Robert A. Stuchbery will assume broader responsibilities as president of international operations of The Hanover. In this role, he will oversee Chaucer’s operations and be responsible for development of Chaucer distribution strategies, …

Hanover Insurance Reports $120.7M Q2 Net Income

The Hanover Insurance Group Inc. in Worcester, Massachusetts, reported on July 29 net income of $120.7 million for its 2015 second quarter, up 46 percent from $82.6 million net income during last year’s second quarter. Net premiums written for the …

Hanover Enhances Fidelity, Crime Coverage

The Hanover Insurance Group, Inc. has launched a new Fidelity & Crime Advantage coverage program offered within its management liability portfolio. The coverage provides businesses with an enhanced product suite to help protect their employees and companies. The Hanover’s Fidelity …