The Hanover Insurance Group (THG) 81.42 $THG
Fitch Upgrades The Hanover Insurance Group's Ratings; Outlook Stable
BusinessWire - Wed Jun 01, 11:17AM CDT
Fitch Ratings has upgraded to 'A' from 'A-' the Insurer Financial Strength (IFS) rating of The Hanover Insurance Company, the principal operating subsidiary of The Hanover Insurance Group (NYSE: THG). Fitch has also upgraded the following ratings for THG:
THG: 81.42 (-2.93)
The Hanover Insurance Group, Inc. Declares Quarterly Dividend Of $0.46 Per Common Share
PR Newswire - Tue May 24, 10:21AM CDT
The Hanover Insurance Group, Inc. (NYSE: THG) announced today that its board of directors declared a quarterly dividend of $0.46 per share on the issued and outstanding common stock of the company, payable June 24, 2016, to shareholders of record at the close of business on June 10, 2016.
THG: 81.42 (-2.93)
A.M. Best Withdraws Ratings of Professionals Direct Insurance Company
BusinessWire - Mon May 23, 3:33PM CDT
On May 19, 2016, A.M. Best affirmed the financial strength rating of A (Excellent) and the issuer credit ratings of "a" of the subsidiaries of the parent holding company, The Hanover Insurance Group, Inc. (THG) [NYSE:THG], which includes Professionals Direct Insurance Company (Professionals Direct). These companies are collectively referred to as Hanover Insurance Group Property and Casualty Companies (The Hanover). The outlook for each of these ratings is stable. The aforementioned companies are headquartered in Worcester, MA. Subsequently, A.M. Best has withdrawn the ratings of Professionals Direct following management's request to no longer have the company participate in A.M. Best's interactive rating process.
THG: 81.42 (-2.93)
A.M. Best Affirms Ratings of The Hanover Insurance Group, Inc. and Its Subsidiaries
BusinessWire - Thu May 19, 4:13PM CDT
A.M. Best has affirmed the financial strength rating (FSR) of A (Excellent) and the issuer credit ratings (ICR) of "a" of the subsidiaries of the parent holding company, The Hanover Insurance Group, Inc. (THG) [NYSE:THG], collectively referred to as Hanover Insurance Group Property and Casualty Companies (The Hanover). Additionally, A.M. Best has affirmed the ICR of "bbb" and all existing issue ratings of THG. The outlook for each of these ratings is stable. All above named companies are headquartered in Worcester, MA. (Please see below for a detailed listing of the companies and ratings.)
THG: 81.42 (-2.93)
The Hanover Insurance Group Names Joseph M. Zubretsky President and Chief Executive Officer
PR Newswire - Mon May 16, 4:14AM CDT
The Hanover Insurance Group, Inc. (NYSE: THG) 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. They will work closely in the coming weeks to manage a smooth transition in leadership.
THG: 81.42 (-2.93)
The Hanover Offers School Administrators Tips to Help Manage Five Common Risks
PR Newswire - Thu May 05, 1:30PM CDT
Public and private schools across the country, from elementary schools to major universities, face many of the same risks, exposing the schools to financial and reputational loss, and leaving school administrators with the daunting task of mitigating those risks. The right insurance protection is paramount when it comes to significantly reducing exposures. With this in mind, The Hanover Insurance Group, Inc. (NYSE: THG) offers tips to help administrators manage five common risks for schools.
THG: 81.42 (-2.93)
Hanover Insurance posts 1Q profit
Automated Insights - Wed May 04, 6:06PM CDT
WORCESTER, Mass. (AP) _ The Hanover Insurance Group Inc. (THG) on Wednesday reported first-quarter earnings of $78.2 million.
THG: 81.42 (-2.93)
The Hanover Reports First Quarter Net Income of $1.80 per Diluted Share; Record First Quarter Operating Income(1) of $1.64 per Diluted Share; Combined Ratio of 95.0%, including Catastrophe Impact of 2.7 points
PR Newswire - Wed May 04, 3:15PM CDT
The Hanover Insurance Group, Inc. (NYSE: THG) today reported net income of $78.2 million, or $1.80 per diluted share, for the first quarter of 2016, compared to net income of $54.9 million, or $1.22 per diluted share, in the prior-year quarter. Operating income was $71.5 million, or $1.64 per diluted share, for the first quarter of 2016, compared to $57.1 million, or $1.27 per diluted share, in the prior-year quarter.
THG: 81.42 (-2.93)
The Hanover Insurance Group, Inc. To Hold Annual Meeting Of Shareholders On Tuesday, May 24
PR Newswire - Mon Apr 25, 3:15PM CDT
The Hanover Insurance Group, Inc. (NYSE: THG) will host its annual meeting of shareholders on Tuesday, May 24, at its headquarters located at 440 Lincoln Street Worcester, Mass. The meeting is scheduled to begin at 9:00 a.m. ET, and will also be available via a live webcast through the company's website at www.hanover.com. Shareholders are encouraged to vote by submitting a valid proxy in advance of the meeting or by attending the annual meeting and voting in person. For additional information regarding voting, the proposals under consideration and the annual meeting generally, please see our 2016 Proxy Statement.
THG: 81.42 (-2.93)
AXIS Capital Eyes Long-term Growth; Cat Loss a Drag (Revised)
Zacks Equity Research - Zacks Investment Research - Fri Apr 15, 9:16AM CDT
On Apr 15, 2016, we issued an updated research report on AXIS Capital Holdings Limited (AXS).
AXS: 52.51 (-1.54), HALL: 11.15 (-0.35), THG: 81.42 (-2.93), MKL: 920.40 (-27.28)
The Hanover Insurance's Senior Notes Sees Rating Action
Zacks Equity Research - Zacks Investment Research - Wed Apr 13, 1:50PM CDT
The newly issued $375 million 4.50% senior unsecured notes of The Hanover Insurance Group, Inc. (THG) were recently assigned an issue rating of "bbb" by credit rating giant, A.M. Best.
HALL: 11.15 (-0.35), WTM: 814.27 (-19.89), THG: 81.42 (-2.93), EMCI: 26.65 (-0.96)
A.M. Best Assigns Rating to The Hanover Insurance Group, Inc.'s Senior Unsecured Notes
BusinessWire - Tue Apr 12, 11:16AM CDT
A.M. Best has assigned an issue rating of "bbb" to the $375 million 4.50% senior unsecured notes due 2026 of The Hanover Insurance Group, Inc. (Hanover, Inc.) (headquartered in Worcester, MA) [NYSE: THG]. Additionally, A.M. Best has assigned indicative ratings of "bbb" on senior unsecured debt, "bb+" on subordinated debt and "bb+" on the preferred stock of the recently filed shelf registration of Hanover, Inc. The outlook assigned to each rating is stable. The new shelf registration replaces Hanover, Inc.'s previous shelf registration, which expired March 20, 2016. All remaining ratings of Hanover Inc. and its subsidiaries are unchanged. (Please see related A.M. Best press release dated May 22, 2015.)
THG: 81.42 (-2.93)
The Hanover Recognized for Automation Excellence, Responsiveness to Independent Agents
PR Newswire - Mon Apr 11, 10:48AM CDT
In recognition of its investments in innovative technologies, streamlined workflows and its deep commitment to independent agents, The Hanover Insurance Group, Inc. (NYSE: THG) has earned the NetVU Automation Excellence Award for the second consecutive year. The award was presented to The Hanover at NetVU16, one of the largest insurance trade technology shows in the country.
THG: 81.42 (-2.93)
The Hanover Insurance Group Offers $375M Senior Notes
Zacks Equity Research - Zacks Investment Research - Wed Apr 06, 12:55PM CDT
The Hanover Insurance Group, Inc. (THG) will offer 4.50% $375 million senior, unsecured notes. These notes are scheduled to mature on Apr 15, 2026.
HALL: 11.15 (-0.35), WTM: 814.27 (-19.89), THG: 81.42 (-2.93), MKL: 920.40 (-27.28)
The Hanover Insurance Group, Inc. To Issue First Quarter 2016 Financial Results On May 4
PR Newswire - Wed Apr 06, 12:00PM CDT
The Hanover Insurance Group, Inc. (NYSE: THG) expects to release its first quarter financial results after the market closes on Wednesday, May 4. The company will webcast a discussion of its results on Thursday, May 5, at 10:00 a.m. ET, through its website at www.hanover.com.
THG: 81.42 (-2.93)
Fitch Rates The Hanover Insurance Group's New Senior Debt Issuance 'BBB-'; Outlook Remains Positive
BusinessWire - Wed Apr 06, 10:37AM CDT
Fitch Ratings has assigned a 'BBB-' rating to The Hanover Insurance Group's (NYSE: THG) new issue of $375 million 4.5% senior notes due April 15, 2026. The rating is equivalent to the ratings on THG's existing senior debt outstanding. Proceeds from the offering will be used primarily to redeem THG's outstanding 7.50% notes due 2020 and 6.375% notes due 2021.
THG: 81.42 (-2.93)
The Hanover Insurance Group, Inc. Prices A $375 Million Senior Notes Offering
PR Newswire - Tue Apr 05, 4:14PM CDT
The Hanover Insurance Group, Inc. (NYSE: THG) today announced that it has priced a registered offering of $375 million aggregate principal amount of its senior, unsecured 4.50% Notes due April 15, 2026 (the "Notes"
. The company plans to use the net proceeds from the issuance of the Notes to redeem its outstanding 7.50% notes due 2020 and 6.375% notes due 2021 and to pay related fees and expenses. The company anticipates that the debt offering will close on or around April 8, 2016, subject to customary closing conditions. J.P. Morgan Securities LLC, Wells Fargo Securities, LLC and Lloyds Securities Inc. are acting as joint book-running managers for the offering.
JPM: 59.60 (-4.45), WFC: 45.71 (-2.20), THG: 81.42 (-2.93)
Upgrade Alert for Hanover Insurance (THG)
Comtex SmarTrend(R) - Tue Mar 29, 3:21AM CDT
Hanover Insurance (NYSE:THG) was upgraded from Market Perform to Outperform at BMO Capital today. The stock closed yesterday at $89.09 on volume of 375,000 shares, above average daily volume of 222,000. Hanover Insurance (NYSE:THG) has potential upside of 0.7% based on a current price of $89.09 and analysts' consensus price target of $89.75. Hanover Insurance shares have support at the 50-day moving average (MA) of $82.70 and additional support at the 200-day MA of $80.82.
THG: 81.42 (-2.93)
Hanover Insurance Set to Possibly Pullback After Yesterday's Rally of 3.37%
Comtex SmarTrend(R) - Mon Mar 28, 3:22PM CDT
Hanover Insurance (NYSE:THG) traded in a range yesterday that spanned from a low of $86.94 to a high of $88.89. Yesterday, the shares gained 3.4%, which took the trading range above the 3-day high of $87.45 on volume of 178,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
THG: 81.42 (-2.93)
The Hanover Named One of America's Best Employers
PR Newswire - Thu Mar 24, 2:30PM CDT
The Hanover Insurance Group, Inc. (NYSE: THG) today announced it has been selected for the second consecutive year by Forbes as one of "America's Best Employers" in the mid-size category for 2016. The magazine's list is comprised of companies that employees and the public both hold in high regard.
THG: 81.42 (-2.93)
Fitch Upgrades The Hanover Insurance Group's Ratings; Outlook Stable
BusinessWire - Wed Jun 01, 11:17AM CDT
Fitch Ratings has upgraded to 'A' from 'A-' the Insurer Financial Strength (IFS) rating of The Hanover Insurance Company, the principal operating subsidiary of The Hanover Insurance Group (NYSE: THG). Fitch has also upgraded the following ratings for THG:
THG: 81.42 (-2.93)
The Hanover Insurance Group, Inc. Declares Quarterly Dividend Of $0.46 Per Common Share
PR Newswire - Tue May 24, 10:21AM CDT
The Hanover Insurance Group, Inc. (NYSE: THG) announced today that its board of directors declared a quarterly dividend of $0.46 per share on the issued and outstanding common stock of the company, payable June 24, 2016, to shareholders of record at the close of business on June 10, 2016.
THG: 81.42 (-2.93)
A.M. Best Withdraws Ratings of Professionals Direct Insurance Company
BusinessWire - Mon May 23, 3:33PM CDT
On May 19, 2016, A.M. Best affirmed the financial strength rating of A (Excellent) and the issuer credit ratings of "a" of the subsidiaries of the parent holding company, The Hanover Insurance Group, Inc. (THG) [NYSE:THG], which includes Professionals Direct Insurance Company (Professionals Direct). These companies are collectively referred to as Hanover Insurance Group Property and Casualty Companies (The Hanover). The outlook for each of these ratings is stable. The aforementioned companies are headquartered in Worcester, MA. Subsequently, A.M. Best has withdrawn the ratings of Professionals Direct following management's request to no longer have the company participate in A.M. Best's interactive rating process.
THG: 81.42 (-2.93)
A.M. Best Affirms Ratings of The Hanover Insurance Group, Inc. and Its Subsidiaries
BusinessWire - Thu May 19, 4:13PM CDT
A.M. Best has affirmed the financial strength rating (FSR) of A (Excellent) and the issuer credit ratings (ICR) of "a" of the subsidiaries of the parent holding company, The Hanover Insurance Group, Inc. (THG) [NYSE:THG], collectively referred to as Hanover Insurance Group Property and Casualty Companies (The Hanover). Additionally, A.M. Best has affirmed the ICR of "bbb" and all existing issue ratings of THG. The outlook for each of these ratings is stable. All above named companies are headquartered in Worcester, MA. (Please see below for a detailed listing of the companies and ratings.)
THG: 81.42 (-2.93)
The Hanover Insurance Group Names Joseph M. Zubretsky President and Chief Executive Officer
PR Newswire - Mon May 16, 4:14AM CDT
The Hanover Insurance Group, Inc. (NYSE: THG) 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. They will work closely in the coming weeks to manage a smooth transition in leadership.
THG: 81.42 (-2.93)
The Hanover Offers School Administrators Tips to Help Manage Five Common Risks
PR Newswire - Thu May 05, 1:30PM CDT
Public and private schools across the country, from elementary schools to major universities, face many of the same risks, exposing the schools to financial and reputational loss, and leaving school administrators with the daunting task of mitigating those risks. The right insurance protection is paramount when it comes to significantly reducing exposures. With this in mind, The Hanover Insurance Group, Inc. (NYSE: THG) offers tips to help administrators manage five common risks for schools.
THG: 81.42 (-2.93)
Hanover Insurance posts 1Q profit
Automated Insights - Wed May 04, 6:06PM CDT
WORCESTER, Mass. (AP) _ The Hanover Insurance Group Inc. (THG) on Wednesday reported first-quarter earnings of $78.2 million.
THG: 81.42 (-2.93)
The Hanover Reports First Quarter Net Income of $1.80 per Diluted Share; Record First Quarter Operating Income(1) of $1.64 per Diluted Share; Combined Ratio of 95.0%, including Catastrophe Impact of 2.7 points
PR Newswire - Wed May 04, 3:15PM CDT
The Hanover Insurance Group, Inc. (NYSE: THG) today reported net income of $78.2 million, or $1.80 per diluted share, for the first quarter of 2016, compared to net income of $54.9 million, or $1.22 per diluted share, in the prior-year quarter. Operating income was $71.5 million, or $1.64 per diluted share, for the first quarter of 2016, compared to $57.1 million, or $1.27 per diluted share, in the prior-year quarter.
THG: 81.42 (-2.93)
The Hanover Insurance Group, Inc. To Hold Annual Meeting Of Shareholders On Tuesday, May 24
PR Newswire - Mon Apr 25, 3:15PM CDT
The Hanover Insurance Group, Inc. (NYSE: THG) will host its annual meeting of shareholders on Tuesday, May 24, at its headquarters located at 440 Lincoln Street Worcester, Mass. The meeting is scheduled to begin at 9:00 a.m. ET, and will also be available via a live webcast through the company's website at www.hanover.com. Shareholders are encouraged to vote by submitting a valid proxy in advance of the meeting or by attending the annual meeting and voting in person. For additional information regarding voting, the proposals under consideration and the annual meeting generally, please see our 2016 Proxy Statement.
THG: 81.42 (-2.93)
AXIS Capital Eyes Long-term Growth; Cat Loss a Drag (Revised)
Zacks Equity Research - Zacks Investment Research - Fri Apr 15, 9:16AM CDT
On Apr 15, 2016, we issued an updated research report on AXIS Capital Holdings Limited (AXS).
AXS: 52.51 (-1.54), HALL: 11.15 (-0.35), THG: 81.42 (-2.93), MKL: 920.40 (-27.28)
The Hanover Insurance's Senior Notes Sees Rating Action
Zacks Equity Research - Zacks Investment Research - Wed Apr 13, 1:50PM CDT
The newly issued $375 million 4.50% senior unsecured notes of The Hanover Insurance Group, Inc. (THG) were recently assigned an issue rating of "bbb" by credit rating giant, A.M. Best.
HALL: 11.15 (-0.35), WTM: 814.27 (-19.89), THG: 81.42 (-2.93), EMCI: 26.65 (-0.96)
A.M. Best Assigns Rating to The Hanover Insurance Group, Inc.'s Senior Unsecured Notes
BusinessWire - Tue Apr 12, 11:16AM CDT
A.M. Best has assigned an issue rating of "bbb" to the $375 million 4.50% senior unsecured notes due 2026 of The Hanover Insurance Group, Inc. (Hanover, Inc.) (headquartered in Worcester, MA) [NYSE: THG]. Additionally, A.M. Best has assigned indicative ratings of "bbb" on senior unsecured debt, "bb+" on subordinated debt and "bb+" on the preferred stock of the recently filed shelf registration of Hanover, Inc. The outlook assigned to each rating is stable. The new shelf registration replaces Hanover, Inc.'s previous shelf registration, which expired March 20, 2016. All remaining ratings of Hanover Inc. and its subsidiaries are unchanged. (Please see related A.M. Best press release dated May 22, 2015.)
THG: 81.42 (-2.93)
The Hanover Recognized for Automation Excellence, Responsiveness to Independent Agents
PR Newswire - Mon Apr 11, 10:48AM CDT
In recognition of its investments in innovative technologies, streamlined workflows and its deep commitment to independent agents, The Hanover Insurance Group, Inc. (NYSE: THG) has earned the NetVU Automation Excellence Award for the second consecutive year. The award was presented to The Hanover at NetVU16, one of the largest insurance trade technology shows in the country.
THG: 81.42 (-2.93)
The Hanover Insurance Group Offers $375M Senior Notes
Zacks Equity Research - Zacks Investment Research - Wed Apr 06, 12:55PM CDT
The Hanover Insurance Group, Inc. (THG) will offer 4.50% $375 million senior, unsecured notes. These notes are scheduled to mature on Apr 15, 2026.
HALL: 11.15 (-0.35), WTM: 814.27 (-19.89), THG: 81.42 (-2.93), MKL: 920.40 (-27.28)
The Hanover Insurance Group, Inc. To Issue First Quarter 2016 Financial Results On May 4
PR Newswire - Wed Apr 06, 12:00PM CDT
The Hanover Insurance Group, Inc. (NYSE: THG) expects to release its first quarter financial results after the market closes on Wednesday, May 4. The company will webcast a discussion of its results on Thursday, May 5, at 10:00 a.m. ET, through its website at www.hanover.com.
THG: 81.42 (-2.93)
Fitch Rates The Hanover Insurance Group's New Senior Debt Issuance 'BBB-'; Outlook Remains Positive
BusinessWire - Wed Apr 06, 10:37AM CDT
Fitch Ratings has assigned a 'BBB-' rating to The Hanover Insurance Group's (NYSE: THG) new issue of $375 million 4.5% senior notes due April 15, 2026. The rating is equivalent to the ratings on THG's existing senior debt outstanding. Proceeds from the offering will be used primarily to redeem THG's outstanding 7.50% notes due 2020 and 6.375% notes due 2021.
THG: 81.42 (-2.93)
The Hanover Insurance Group, Inc. Prices A $375 Million Senior Notes Offering
PR Newswire - Tue Apr 05, 4:14PM CDT
The Hanover Insurance Group, Inc. (NYSE: THG) today announced that it has priced a registered offering of $375 million aggregate principal amount of its senior, unsecured 4.50% Notes due April 15, 2026 (the "Notes"
. The company plans to use the net proceeds from the issuance of the Notes to redeem its outstanding 7.50% notes due 2020 and 6.375% notes due 2021 and to pay related fees and expenses. The company anticipates that the debt offering will close on or around April 8, 2016, subject to customary closing conditions. J.P. Morgan Securities LLC, Wells Fargo Securities, LLC and Lloyds Securities Inc. are acting as joint book-running managers for the offering. JPM: 59.60 (-4.45), WFC: 45.71 (-2.20), THG: 81.42 (-2.93)
Upgrade Alert for Hanover Insurance (THG)
Comtex SmarTrend(R) - Tue Mar 29, 3:21AM CDT
Hanover Insurance (NYSE:THG) was upgraded from Market Perform to Outperform at BMO Capital today. The stock closed yesterday at $89.09 on volume of 375,000 shares, above average daily volume of 222,000. Hanover Insurance (NYSE:THG) has potential upside of 0.7% based on a current price of $89.09 and analysts' consensus price target of $89.75. Hanover Insurance shares have support at the 50-day moving average (MA) of $82.70 and additional support at the 200-day MA of $80.82.
THG: 81.42 (-2.93)
Hanover Insurance Set to Possibly Pullback After Yesterday's Rally of 3.37%
Comtex SmarTrend(R) - Mon Mar 28, 3:22PM CDT
Hanover Insurance (NYSE:THG) traded in a range yesterday that spanned from a low of $86.94 to a high of $88.89. Yesterday, the shares gained 3.4%, which took the trading range above the 3-day high of $87.45 on volume of 178,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
THG: 81.42 (-2.93)
The Hanover Named One of America's Best Employers
PR Newswire - Thu Mar 24, 2:30PM CDT
The Hanover Insurance Group, Inc. (NYSE: THG) today announced it has been selected for the second consecutive year by Forbes as one of "America's Best Employers" in the mid-size category for 2016. The magazine's list is comprised of companies that employees and the public both hold in high regard.
THG: 81.42 (-2.93)
