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The Hanover Comments on Fourth Quarter Results

Jan 16, 2020 - PR Newswire

PR Newswire

The Hanover Insurance Group, Inc. (NYSE: THG) today announced it expects its fourth quarter non-catastrophe property losses to exceed expectations by approximately $20 million before taxes. The loss experience was driven primarily by non-catastrophe weather activity in homeowners, as well as large property losses in commercial multiple peril and certain specialty lines, reported in its other commercial lines business. These losses are expected to be partially offset by lower t...