Hanover News
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AM Best Downgrades Hanover Fire & Casualty of Pennsylvania
Oct 8 2026 // Analysts at AM Best recently downgraded the Financial Strength Rating (FSR) to B+ (Good) from B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb-” (Good) from “bbb” (Good) of...
The Hanover Announces CEO Succession Plan; Roche to Retire at End of 2026
Jul 16 2026 // The Hanover Insurance Group announced that John C. Roche, president and chief executive officer, plans to retire on Dec. 31 following a distinguished 40-year career in the insurance industry. Richard W. Lavey, chief...
New York’s Mid-Hudson Insurance to Acquire Hanover Fire of Pennsylvania
Feb 12 2026 // Mid-Hudson Co-Operative Insurance Co. in Montgomery, New York has signed a securities purchase agreement to acquire Hanover Fire Holdings, Inc. of King of Prussia, Pennsylvania. According to AM Best, the acquisition will...
The Hanover Reports 18% Growth in Q4 Net Income
Feb 4 2026 // Fourth-quarter 2025 net income at The Hanover Insurance Group was $198.5 million, up about 18% over $167.9 million recorded for the same period in 2024. The Worcester, Massachusetts-based insurer’s Q4 combined ratio...
The Hanover Reports 75% Growth in Q3 Net Income
Nov 17 2025 // Third-quarter net income for The Hanover Insurance Group grew to $178.7 million, compared to $102.1 million during the same period a year ago. The Worcester, Massachusetts-based insurer’s Q3 combined ratio improved...
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