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Company Details
HANOVER INSURANCE COMPANY THE License Status :
Active
NAIC Number :
22292
Phone Number:
5088537200
Company Address:
440 LINCOLN STREET
WORCESTER, MA 01653-0002
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 |
|---|---|---|---|---|---|---|---|
| 2022 | Total Property & Casualty | 0.03% | $10,618,218 | $9,577,784 | $6,227,867 | $5,479,741 | 57.21 % |
| 2022 | Total Fire & Allied Lines | 0.01% | $109,124 | $147,486 | $0 | $2,032 | 1.38 % |
| 2022 | Commercial Fire & Allied Lines | 0.02% | $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 | 0.05% | $1,442,918 | $1,352,156 | $157,016 | $1,403,005 | N/A |
| 2022 | Ocean Marine | 0.08% | $119,211 | $86,541 | $28,437 | $24,926 | 28.80 % |
| 2022 | Inland Marine (Incl Auto Cargo) | 0.09% | $1,471,007 | $1,516,176 | $324,978 | $459,957 | 30.34 % |
| 2022 | Earthquake | 0.01% | $21,905 | $22,275 | $0 | $371 | 1.67 % |
| 2022 | Direct Workers Compensation | 0.02% | $670,363 | $702,455 | $199,735 | $386,290 | 54.99 % |
| 2022 | Other Liability - Bodily Injury & Property Damage | 0.08% | $1,728,579 | $1,612,094 | $3,589,791 | $466,410 | 28.93 % |
| 2022 | Products Liability | 0.13% | $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 | 0.01% | $73,900 | $49,667 | $0 | $-9,304 | -18.73 % |
| 2022 | Commercial Auto Liability Property Damage | 0.01% | $27,664 | $18,778 | $0 | $0 | 0.00 % |
| 2022 | Commercial Auto Comprehensive | 0.01% | $26,428 | $17,985 | $0 | $0 | 0.00 % |
| 2022 | Commercial Auto Collision | 0.00% | $14,523 | $9,884 | $612 | $3,143 | 31.80 % |
| 2022 | Aircraft | 0.02% | $26,428 | $17,985 | $0 | $0 | 0.00 % |
| 2022 | Fidelity | 0.39% | $292,682 | $282,066 | $173,606 | $179,635 | 63.69 % |
| 2022 | Surety | 0.80% | $1,601,319 | $679,440 | $0 | $-107,593 | -15.84 % |
| 2022 | Burglary & Theft | 0.60% | $128,157 | $165,919 | $111,192 | $182,730 | N/A |
| 2022 | Boiler & Machinery | 0.01% | $7,166 | $8,307 | $0 | $0 | 0.00 % |
| 2022 | Professional Liability (Excl Medical Malpractice) | 0.22% | $964,397 | $952,469 | $1,060,000 | $784,855 | 82.40 % |
| 2022 | Lawyers Malpractice | 2.45% | $947,990 | $1,028,287 | $22,500 | $22,500 | 2.19 % |
| 2022 | Umbrella | 0.36% | $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 | 0.03% | $8,700,584 | $9,230,901 | $1,053,574 | $2,248,815 | 24.36 % |
| 2021 | Total Fire & Allied Lines | 0.01% | $224,320 | $218,291 | $17,254 | $8,338 | 3.82 % |
| 2021 | Commercial Fire & Allied Lines | 0.04% | $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 | 0.05% | $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) | 0.09% | $1,214,064 | $870,151 | $76,388 | $107,090 | 12.31 % |
| 2021 | Earthquake | 0.01% | $21,825 | $24,262 | $0 | $-392 | -1.62 % |
| 2021 | Direct Workers Compensation | 0.02% | $524,132 | $675,991 | $375,472 | $85,881 | 12.70 % |
| 2021 | Other Liability - Bodily Injury & Property Damage | 0.07% | $1,507,515 | $1,523,927 | $260,889 | $-126,762 | -8.32 % |
| 2021 | Products Liability | 0.09% | $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 | 0.00% | $55,099 | $98,144 | $6,820 | $-14,687 | -14.96 % |
| 2021 | Commercial Auto Liability Bodily Injury | 0.00% | $28,968 | $47,889 | $5,333 | $-13,570 | -28.34 % |
| 2021 | Commercial Auto Liability Property Damage | 0.00% | $10,725 | $17,003 | $7,611 | $5,430 | 31.94 % |
| 2021 | Commercial Auto Medical Payments | 0.00% | $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 | 0.00% | $9,321 | $20,549 | $-6,124 | $-6,294 | -30.63 % |
| 2021 | Fidelity | 0.41% | $291,761 | $276,148 | $61,662 | $192,796 | 69.82 % |
| 2021 | Surety | 0.27% | $536,017 | $1,032,771 | $-25,000 | $-1,956 | -0.19 % |
| 2021 | Burglary & Theft | 0.92% | $186,078 | $191,255 | $0 | $31,318 | 16.37 % |
| 2021 | Boiler & Machinery | 0.01% | $11,161 | $12,374 | $0 | $0 | 0.00 % |
| 2021 | Professional Liability (Excl Medical Malpractice) | 0.24% | $1,013,503 | $960,443 | $67,413 | $-353,537 | -36.81 % |
| 2021 | Lawyers Malpractice | 3.12% | $1,135,557 | $1,071,201 | $0 | $337,041 | 31.46 % |
| 2021 | Umbrella | 0.39% | $762,158 | $758,317 | $0 | $1,405,918 | N/A |
| 2021 | Private Flood | 0.00% | $10 | $17 | $0 | $2 | 11.76 % |
| 2020 | Total Property & Casualty | 0.03% | $10,733,702 | $9,882,413 | $3,227,902 | $3,266,507 | 33.05 % |
| 2020 | Total Fire & Allied Lines | 0.02% | $206,140 | $219,814 | $0 | $13,267 | 6.04 % |
| 2020 | Commercial Fire & Allied Lines | 0.04% | $206,140 | $219,814 | $0 | $13,267 | 6.04 % |
| 2020 | Total Homeowners | 0.00% | $5,012 | $4,955 | $0 | $3,690 | 74.47 % |
| 2020 | Homeowners Multi-Peril | 0.00% | $5,012 | $4,955 | $0 | $3,690 | 74.47 % |
| 2020 | Commercial Multi-Peril | 0.06% | $1,260,507 | $1,220,932 | $159,403 | $17,961 | 1.47 % |
| 2020 | Ocean Marine | 0.43% | $606,965 | $599,299 | $669,793 | $-17,301 | -2.89 % |
| 2020 | Inland Marine (Incl Auto Cargo) | 0.07% | $834,989 | $718,647 | $158,513 | $169,509 | 23.59 % |
| 2020 | Earthquake | 0.01% | $24,967 | $22,909 | $0 | $-39 | -0.17 % |
| 2020 | Direct Workers Compensation | 0.04% | $1,057,789 | $996,593 | $335,799 | $510,412 | 51.22 % |
| 2020 | Other Liability - Bodily Injury & Property Damage | 0.08% | $1,572,332 | $1,260,555 | $1,329,228 | $1,481,584 | N/A |
| 2020 | Products Liability | 0.11% | $104,445 | $87,653 | $0 | $845 | 0.96 % |
| 2020 | Total Private Passenger Automobile | 0.00% | $2,050 | $2,049 | $0 | $-63 | -3.07 % |
| 2020 | Private Passenger Auto Liability Bodily Injury | 0.00% | $445 | $445 | $0 | $17 | 3.82 % |
| 2020 | Private Passenger Auto Liability Property Damage | 0.00% | $160 | $160 | $0 | $-3 | -1.88 % |
| 2020 | Private Passenger Auto Comprehensive | 0.00% | $341 | $340 | $0 | $-45 | -13.24 % |
| 2020 | Private Passenger Auto Collision | 0.00% | $1,104 | $1,104 | $0 | $-32 | -2.90 % |
| 2020 | Total Commercial Automobile | 0.01% | $199,301 | $203,894 | $70,144 | $15,183 | 7.45 % |
| 2020 | Commercial Auto Liability Bodily Injury | 0.01% | $85,657 | $85,811 | $15,404 | $-29,866 | -34.80 % |
| 2020 | Commercial Auto Liability Property Damage | 0.01% | $31,708 | $31,550 | $34,948 | $22,790 | 72.23 % |
| 2020 | Commercial Auto Medical Payments | 0.01% | $2,563 | $2,563 | $0 | $0 | 0.00 % |
| 2020 | Commercial Auto Uninsured Motorists | 0.01% | $5,204 | $5,204 | $0 | $0 | 0.00 % |
| 2020 | Commercial Auto Comprehensive | 0.01% | $27,231 | $31,507 | $15,060 | $16,585 | 52.64 % |
| 2020 | Commercial Auto Collision | 0.01% | $46,938 | $47,259 | $4,732 | $5,674 | 12.01 % |
| 2020 | Fidelity | 0.39% | $255,372 | $226,817 | $185,022 | $92,563 | 40.81 % |
| 2020 | Surety | 1.14% | $1,970,035 | $1,525,405 | $0 | $172,246 | 11.29 % |
| 2020 | Burglary & Theft | 0.88% | $171,384 | $176,674 | $0 | $-1,275 | -0.72 % |
| 2020 | Boiler & Machinery | 0.02% | $16,842 | $14,701 | $0 | $0 | 0.00 % |
| 2020 | Professional Liability (Excl Medical Malpractice) | 0.18% | $673,406 | $859,417 | $10,000 | $806,361 | 93.83 % |
| 2020 | Lawyers Malpractice | 2.62% | $947,620 | $897,992 | $310,000 | $-103,901 | -11.57 % |
| 2020 | Umbrella | 0.37% | $824,537 | $844,105 | $0 | $105,465 | 12.49 % |
| 2020 | Private Flood | 0.00% | $9 | $2 | $0 | $0 | 0.00 % |
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 |
|---|---|---|---|---|
| 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 |
| 2020 | Private Passenger Auto | 0.00% | 0 | 0 |
| 2020 | Homeowners | 0.00% | 0 | 0 |
Company Changes
Market Conduct
Date: 05/19/2014
Financial Exams
This company does not have any financial exams.