Hanover Insuranc Stock Price, News & Analysis

The Hanover Insurance Group (NYSE: THG) has announced it will release its second quarter financial results after market close on Wednesday, July 30, 2025. The company will host a webcast discussion of the results on Thursday, July 31, 2025, at 10:00 a.m. ET through their website hanover.com.

The Hanover is a major U.S. property and casualty insurance holding company that provides standard and specialized insurance protection for small and mid-sized businesses, homes, automobiles, and personal items through a network of independent agents and brokers.

The Hanover Insurance Group (NYSE: THG) has been named to U.S. News & World Report's 2025-2026 Best Companies to Work For list for the third consecutive year. The company was evaluated among nearly 300 publicly traded companies based on factors including pay and benefits, work-life balance, job stability, workplace comfort, and career development opportunities. CEO John C. Roche emphasized the company's commitment to creating a supportive work environment and providing resources for employee growth. The Hanover also received recognition in subcategories for finance and insurance companies, Northeast-based organizations, and companies supporting family caregiving.

The Hanover Insurance Group's 2025 Home Report reveals significant gaps between homeowners' awareness of safety measures and their implementation. Based on a Harris Poll survey of 1,100+ American homeowners, the study found high awareness but low adoption of protective technologies. For water damage prevention, while 79% know about water sensors, only 16% have installed them. Similarly, 61% are aware of fortified roofs, but just 17% have upgraded to them. Fire safety showed better adoption, with 67% having smoke detectors installed. Notably, roof inspection rates improved from 38% in 2024 to 57% in 2025. The report emphasizes the growing importance of proactive home protection measures as weather patterns become more severe, highlighting the gap between risk awareness and actual implementation of preventive solutions.

The Hanover Insurance Group (NYSE: THG) has announced a quarterly dividend payment of $0.90 per share on its outstanding common stock. The dividend will be paid on June 27, 2025, to shareholders who are recorded as holders by the close of business on June 13, 2025. The company includes standard forward-looking statements cautioning that future dividend payments are subject to various business risks and uncertainties, and may be increased, decreased, or eliminated based on the board's decisions and company performance.

The Hanover Insurance Group (NYSE: THG) announced that its CEO John C. Roche and CFO Jeffrey M. Farber will participate in a fireside chat at the Morgan Stanley 2025 US Financials Conference on June 11, 2025, from 12:15 p.m. to 12:50 p.m. Eastern Time. The executives will also host one-on-one and group meetings with investors during the conference.

The fireside chat will be broadcast live and available for replay on the company's website at www.hanover.com. The Hanover Insurance Group operates several property and casualty insurance companies, offering standard and specialized insurance protection for small and mid-sized businesses, homes, automobiles, and other personal items through independent agents and brokers.

The Hanover Insurance Group reported strong Q1 2025 financial results with net income of $128.2 million ($3.50 per share) and operating income of $141.8 million ($3.87 per share). The company achieved a combined ratio of 94.1% and notable returns on equity of 17.4% (net) and 17.2% (operating).

Key highlights include:

• Net premiums written increased 3.9%
• Significant renewal price increases across segments: Personal Lines (13.1%), Core Commercial (11.1%), and Specialty (8.4%)
• Net investment income rose 18.3% to $106.1 million
• Book value per share reached $84.56, up 6.8% from December 2024

The company demonstrated strong performance across all segments despite significant catastrophe losses of $95.6 million. Personal Lines showed marked improvement with a combined ratio of 89.7%, while Core Commercial faced challenges with a 103.4% combined ratio. Specialty maintained stable performance with an 87.7% combined ratio.

The Hanover Insurance Group (NYSE: THG) has announced its annual meeting of shareholders scheduled for May 13, 2025, at 9:00 a.m. ET. The meeting will be held at the company's headquarters in Worcester, Massachusetts, with a live audio webcast available through their website's Investors section.

Shareholders of record as of March 20, 2025 are eligible to participate and can vote either by submitting proxies in advance or attending in person. The company's proxy materials, including the 2024 Annual Report and 2025 Proxy Statement, are accessible at www.proxydocs.com/THG or through their website.

The Hanover Insurance Group operates as a holding company for several property and casualty insurance companies, representing one of the largest insurance businesses in the United States. They provide standard and specialized insurance protection for small and mid-sized businesses, homes, automobiles, and personal items through independent agents and brokers.

The Hanover Insurance Group (NYSE: THG) has announced a strategic collaboration with Hagerty (HGTY) to offer specialized insurance for classic cars. The new product, Hanover Collector Car, combines The Hanover's total account protection with Hagerty's expertise in collector vehicle claims and valuation services.

The service is initially available through The Hanover's independent agents in Michigan and Illinois for both new and existing customers, with plans for future expansion to additional states. The partnership aims to strengthen The Hanover's total account offerings while providing specialized protection for collectible vehicles.

The Hanover Insurance Group (NYSE: THG) has appointed Richard W. Lavey to the newly created position of chief operating officer. In this expanded role, Lavey will focus on business strategy development and drive integration between business and technology organizations, while maintaining his current responsibilities leading personal lines and core commercial operations.

Lavey brings over 35 years of experience in insurance and technology industries, including 21 years with The Hanover. His previous roles include vice president positions at The Hartford and experience with software companies ChannelPoint and Bowstreet. He started his career at The Travelers Insurance Company.

A Phi Beta Kappa graduate from The College of the Holy Cross with an MBA from Harvard Business School, Lavey currently serves as Chair of the National Council on Compensation Insurance (NCCI).