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Company Details
HANOVER INSURANCE COMPANY THE License Status :
Active
NAIC Number :
22292
Phone Number:
5088537200
Company Address:
400 Lincoln Street
Worcester, MA 01653
Description:
Property and Casualty
License Number:
B424227
Date Admitted:
1900-01-01
Market Share
Link to Supplemental Data Page
| Year | Line | Market Share | Direct Premium Written | Direct Premium Earned | Direct Losses Paid | Direct Losses Incurred | Loss Ratio |
|---|---|---|---|---|---|---|---|
| 2023 | Total Property & Casualty | 0.06% | $9,538,882 | $10,002,986 | $1,580,399 | $4,516,358 | 45.15 % |
| 2023 | Total Fire & Allied Lines | 0.02% | $187,533 | $163,996 | $0 | $-2,668 | -1.63 % |
| 2023 | Commercial Fire & Allied Lines | 0.06% | $187,533 | $163,996 | $0 | $-2,668 | -1.63 % |
| 2023 | Total Homeowners | 0.00% | $4,807 | $4,601 | $0 | $-150,898 | -3,279.68 % |
| 2023 | Homeowners Multi-Peril | 0.00% | $4,807 | $4,601 | $0 | $-150,898 | -3,279.68 % |
| 2023 | Commercial Multi-Peril | 0.14% | $1,502,909 | $1,487,371 | $157,467 | $-566,992 | -38.12 % |
| 2023 | Ocean Marine | 0.12% | $63,927 | $87,677 | $6,196 | $-431,537 | -492.19 % |
| 2023 | Inland Marine (Incl Auto Cargo) | 0.28% | $1,562,129 | $1,580,033 | $173,285 | $46,879 | 2.97 % |
| 2023 | Earthquake | 0.02% | $26,110 | $24,332 | $0 | $-85 | -0.35 % |
| 2023 | Direct Workers Compensation | 0.07% | $753,485 | $736,920 | $61,595 | $-70,950 | -9.63 % |
| 2023 | Other Liability - Bodily Injury & Property Damage | 0.21% | $2,001,529 | $1,815,632 | $553,977 | $1,281,084 | 70.56 % |
| 2023 | Products Liability | 0.28% | $136,830 | $143,385 | $0 | $30,278 | 21.12 % |
| 2023 | Total Private Passenger Automobile | 0.00% | $172 | $1,137 | $0 | $134,209 | N/A |
| 2023 | Private Passenger Auto Liability Bodily Injury | 0.00% | $37 | $248 | $0 | $-41 | -16.53 % |
| 2023 | Private Passenger Auto Liability Property Damage | 0.00% | $14 | $90 | $0 | $2 | 2.22 % |
| 2023 | Private Passenger Auto Comprehensive | 0.00% | $27 | $181 | $0 | $134,242 | N/A |
| 2023 | Private Passenger Auto Collision | 0.00% | $94 | $618 | $0 | $6 | 0.97 % |
| 2023 | Total Commercial Automobile | 0.02% | $157,471 | $167,992 | $22,522 | $17,007 | 10.12 % |
| 2023 | Commercial Auto Liability Bodily Injury | 0.02% | $83,535 | $87,226 | $13,212 | $6,560 | 7.52 % |
| 2023 | Commercial Auto Liability Property Damage | 0.02% | $29,106 | $31,072 | $0 | $1,750 | 5.63 % |
| 2023 | Commercial Auto Medical Payments | 0.00% | $72 | $24 | $0 | $3 | 12.50 % |
| 2023 | Commercial Auto Comprehensive | 0.01% | $17,396 | $18,526 | $0 | $1,070 | 5.78 % |
| 2023 | Commercial Auto Collision | 0.01% | $27,362 | $31,144 | $9,310 | $7,624 | 24.48 % |
| 2023 | Fidelity | 1.33% | $352,114 | $283,597 | $162,033 | $-26,932 | -9.50 % |
| 2023 | Surety | -0.11% | $-123,445 | $788,965 | $0 | $2,092,409 | N/A |
| 2023 | Burglary & Theft | 1.28% | $99,497 | $107,257 | $144,383 | $49,697 | 46.33 % |
| 2023 | Boiler & Machinery | 0.03% | $11,446 | $8,697 | $0 | $0 | 0.00 % |
| 2023 | Professional Liability (Excl Medical Malpractice) | 0.67% | $1,159,254 | $929,996 | $243,555 | $1,056,037 | N/A |
| 2023 | Lawyers Malpractice | 6.11% | $854,057 | $888,124 | $55,386 | $597,678 | 67.30 % |
| 2023 | Umbrella | 0.77% | $789,057 | $783,274 | $0 | $461,142 | 58.87 % |
| 2022 | Total Property & Casualty | 0.07% | $10,618,218 | $9,577,784 | $6,227,867 | $5,479,741 | 57.21 % |
| 2022 | Total Fire & Allied Lines | 0.02% | $109,124 | $147,486 | $0 | $2,032 | 1.38 % |
| 2022 | Commercial Fire & Allied Lines | 0.03% | $109,124 | $147,486 | $0 | $2,032 | 1.38 % |
| 2022 | Total Homeowners | 0.00% | $4,201 | $4,021 | $0 | $64,833 | N/A |
| 2022 | Homeowners Multi-Peril | 0.00% | $4,201 | $4,021 | $0 | $64,833 | N/A |
| 2022 | Commercial Multi-Peril | 0.14% | $1,442,918 | $1,352,156 | $157,016 | $1,403,005 | N/A |
| 2022 | Ocean Marine | 0.24% | $119,211 | $86,541 | $28,437 | $24,926 | 28.80 % |
| 2022 | Inland Marine (Incl Auto Cargo) | 0.28% | $1,471,007 | $1,516,176 | $324,978 | $459,957 | 30.34 % |
| 2022 | Earthquake | 0.02% | $21,905 | $22,275 | $0 | $371 | 1.67 % |
| 2022 | Direct Workers Compensation | 0.06% | $670,363 | $702,455 | $199,735 | $386,290 | 54.99 % |
| 2022 | Other Liability - Bodily Injury & Property Damage | 0.20% | $1,728,579 | $1,612,094 | $3,589,791 | $466,410 | 28.93 % |
| 2022 | Products Liability | 0.32% | $139,656 | $111,902 | $185,000 | $-144,861 | -129.45 % |
| 2022 | Total Private Passenger Automobile | 0.00% | $1,713 | $1,329 | $0 | $-33 | -2.48 % |
| 2022 | Private Passenger Auto Liability Bodily Injury | 0.00% | $382 | $306 | $0 | $-52 | -16.99 % |
| 2022 | Private Passenger Auto Liability Property Damage | 0.00% | $141 | $117 | $0 | $0 | 0.00 % |
| 2022 | Private Passenger Auto Comprehensive | 0.00% | $183 | $30 | $0 | $0 | 0.00 % |
| 2022 | Private Passenger Auto Collision | 0.00% | $1,007 | $876 | $0 | $19 | 2.17 % |
| 2022 | Total Commercial Automobile | 0.01% | $142,515 | $96,314 | $612 | $-6,161 | -6.40 % |
| 2022 | Commercial Auto Liability Bodily Injury | 0.02% | $73,900 | $49,667 | $0 | $-9,304 | -18.73 % |
| 2022 | Commercial Auto Liability Property Damage | 0.02% | $27,664 | $18,778 | $0 | $0 | 0.00 % |
| 2022 | Commercial Auto Comprehensive | 0.02% | $26,428 | $17,985 | $0 | $0 | 0.00 % |
| 2022 | Commercial Auto Collision | 0.01% | $14,523 | $9,884 | $612 | $3,143 | 31.80 % |
| 2022 | Aircraft | 0.09% | $26,428 | $17,985 | $0 | $0 | 0.00 % |
| 2022 | Fidelity | 1.12% | $292,682 | $282,066 | $173,606 | $179,635 | 63.69 % |
| 2022 | Surety | 1.56% | $1,601,319 | $679,440 | $0 | $-107,593 | -15.84 % |
| 2022 | Burglary & Theft | 1.77% | $128,157 | $165,919 | $111,192 | $182,730 | N/A |
| 2022 | Boiler & Machinery | 0.02% | $7,166 | $8,307 | $0 | $0 | 0.00 % |
| 2022 | Professional Liability (Excl Medical Malpractice) | 0.57% | $964,397 | $952,469 | $1,060,000 | $784,855 | 82.40 % |
| 2022 | Lawyers Malpractice | 6.33% | $947,990 | $1,028,287 | $22,500 | $22,500 | 2.19 % |
| 2022 | Umbrella | 0.84% | $798,887 | $790,562 | $375,000 | $1,760,847 | N/A |
| 2022 | Private Flood | 0.00% | $0 | $0 | $0 | $-2 | N/A |
| 2021 | Total Property & Casualty | 0.07% | $8,700,584 | $9,230,901 | $1,053,574 | $2,248,815 | 24.36 % |
| 2021 | Total Fire & Allied Lines | 0.03% | $224,320 | $218,291 | $17,254 | $8,338 | 3.82 % |
| 2021 | Commercial Fire & Allied Lines | 0.07% | $224,320 | $218,291 | $17,254 | $8,338 | 3.82 % |
| 2021 | Total Homeowners | 0.00% | $3,824 | $4,601 | $0 | $309 | 6.72 % |
| 2021 | Homeowners Multi-Peril | 0.00% | $3,824 | $4,601 | $0 | $309 | 6.72 % |
| 2021 | Commercial Multi-Peril | 0.12% | $1,119,751 | $1,125,068 | $212,676 | $445,774 | 39.62 % |
| 2021 | Ocean Marine | 0.00% | $-1,158 | $280,168 | $0 | $-188,719 | -67.36 % |
| 2021 | Inland Marine (Incl Auto Cargo) | 0.26% | $1,214,064 | $870,151 | $76,388 | $107,090 | 12.31 % |
| 2021 | Earthquake | 0.02% | $21,825 | $24,262 | $0 | $-392 | -1.62 % |
| 2021 | Direct Workers Compensation | 0.05% | $524,132 | $675,991 | $375,472 | $85,881 | 12.70 % |
| 2021 | Other Liability - Bodily Injury & Property Damage | 0.19% | $1,507,515 | $1,523,927 | $260,889 | $-126,762 | -8.32 % |
| 2021 | Products Liability | 0.23% | $93,504 | $105,919 | $0 | $320,317 | N/A |
| 2021 | Total Private Passenger Automobile | 0.00% | $1,463 | $1,853 | $0 | $84 | 4.53 % |
| 2021 | Private Passenger Auto Liability Bodily Injury | 0.00% | $332 | $408 | $0 | $27 | 6.62 % |
| 2021 | Private Passenger Auto Liability Property Damage | 0.00% | $125 | $149 | $0 | $0 | 0.00 % |
| 2021 | Private Passenger Auto Comprehensive | 0.00% | $86 | $247 | $0 | $-1 | -0.40 % |
| 2021 | Private Passenger Auto Collision | 0.00% | $920 | $1,049 | $0 | $58 | 5.53 % |
| 2021 | Total Commercial Automobile | 0.01% | $55,099 | $98,144 | $6,820 | $-14,687 | -14.96 % |
| 2021 | Commercial Auto Liability Bodily Injury | 0.01% | $28,968 | $47,889 | $5,333 | $-13,570 | -28.34 % |
| 2021 | Commercial Auto Liability Property Damage | 0.01% | $10,725 | $17,003 | $7,611 | $5,430 | 31.94 % |
| 2021 | Commercial Auto Medical Payments | 0.01% | $406 | $406 | $0 | $0 | 0.00 % |
| 2021 | Commercial Auto Uninsured Motorists | 0.00% | $913 | $913 | $0 | $0 | 0.00 % |
| 2021 | Commercial Auto Comprehensive | 0.00% | $4,766 | $11,384 | $0 | $-253 | -2.22 % |
| 2021 | Commercial Auto Collision | 0.01% | $9,321 | $20,549 | $-6,124 | $-6,294 | -30.63 % |
| 2021 | Fidelity | 1.15% | $291,761 | $276,148 | $61,662 | $192,796 | 69.82 % |
| 2021 | Surety | 0.53% | $536,017 | $1,032,771 | $-25,000 | $-1,956 | -0.19 % |
| 2021 | Burglary & Theft | 2.73% | $186,078 | $191,255 | $0 | $31,318 | 16.37 % |
| 2021 | Boiler & Machinery | 0.03% | $11,161 | $12,374 | $0 | $0 | 0.00 % |
| 2021 | Professional Liability (Excl Medical Malpractice) | 0.65% | $1,013,503 | $960,443 | $67,413 | $-353,537 | -36.81 % |
| 2021 | Lawyers Malpractice | 7.88% | $1,135,557 | $1,071,201 | $0 | $337,041 | 31.46 % |
| 2021 | Umbrella | 0.96% | $762,158 | $758,317 | $0 | $1,405,918 | N/A |
| 2021 | Private Flood | 0.00% | $10 | $17 | $0 | $2 | 11.76 % |
Enforcements
The department has not taken enforcement action against this company in the past three years.
Complaint Index
| Year | Line | Market Share | Number of Complaints | Complaint Index |
|---|---|---|---|---|
| 2023 | Private Passenger Auto | 0.00% | 1 | 9999 |
| 2023 | Homeowners | 0.00% | 0 | 0 |
| 2022 | Private Passenger Auto | 0.00% | 0 | 0 |
| 2022 | Homeowners | 0.00% | 0 | 0 |
| 2021 | Private Passenger Auto | 0.00% | 0 | 0 |
| 2021 | Homeowners | 0.00% | 0 | 0 |
Company Changes
Market Conduct
Date: 05/19/2014
Financial Exams
This company does not have any financial exams.