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Company Details
HANOVER INSURANCE COMPANY THE License Status :
Active
NAIC Number :
22292
Phone Number:
508-853-7200
Company Address:
440 LINCOLN STREET
WORCESTER, MA 01653-0002
Description:
Property and Casualty
License Number:
B424227
Date Admitted:
1874-02-09
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 |
|---|---|---|---|---|---|---|---|
| 2019 | Total Property & Casualty | 0.03% | $8,735,351 | $8,914,355 | $6,799,712 | $6,191,831 | 69.46 % |
| 2019 | Total Fire & Allied Lines | 0.02% | $244,531 | $189,538 | $0 | $-216 | -0.11 % |
| 2019 | Commercial Fire & Allied Lines | 0.06% | $244,531 | $189,538 | $0 | $-216 | -0.11 % |
| 2019 | Total Homeowners | 0.00% | $4,844 | $4,806 | $0 | $-3,360 | -69.91 % |
| 2019 | Homeowners Multi-Peril | 0.00% | $4,844 | $4,806 | $0 | $-3,360 | -69.91 % |
| 2019 | Commercial Multi-Peril | 0.05% | $960,547 | $974,795 | $417,172 | $33,080 | 3.39 % |
| 2019 | Ocean Marine | 0.60% | $641,868 | $664,100 | $40,487 | $1,094,392 | N/A |
| 2019 | Inland Marine (Incl Auto Cargo) | 0.07% | $827,329 | $777,375 | $89,673 | $54,575 | 7.02 % |
| 2019 | Earthquake | 0.01% | $19,868 | $17,062 | $0 | $688 | 4.03 % |
| 2019 | Direct Workers Compensation | 0.03% | $803,125 | $690,843 | $147,673 | $517,218 | 74.87 % |
| 2019 | Other Liability - Bodily Injury & Property Damage | 0.23% | $3,980,613 | $4,058,158 | $1,080,463 | $1,355,276 | 33.40 % |
| 2019 | Products Liability | 0.09% | $82,029 | $88,565 | $0 | $1,179 | 1.33 % |
| 2019 | Total Private Passenger Automobile | 0.00% | $1,854 | $1,575 | $0 | $231 | 14.67 % |
| 2019 | Private Passenger Auto Liability Bodily Injury | 0.00% | $456 | $456 | $0 | $242 | 53.07 % |
| 2019 | Private Passenger Auto Liability Property Damage | 0.00% | $165 | $165 | $0 | $20 | 12.12 % |
| 2019 | Private Passenger Auto Comprehensive | 0.00% | $350 | $350 | $0 | $15 | 4.29 % |
| 2019 | Private Passenger Auto Collision | 0.00% | $883 | $604 | $0 | $-46 | -7.62 % |
| 2019 | Total Commercial Automobile | 0.02% | $387,101 | $584,806 | $256,776 | $231,897 | 39.65 % |
| 2019 | Commercial Auto Liability Bodily Injury | 0.02% | $196,644 | $316,187 | $207,154 | $191,547 | 60.58 % |
| 2019 | Commercial Auto Liability Property Damage | 0.03% | $72,805 | $117,333 | $5,409 | $8,896 | 7.58 % |
| 2019 | Commercial Auto Medical Payments | 0.02% | $3,487 | $3,487 | $0 | $0 | 0.00 % |
| 2019 | Commercial Auto Uninsured Motorists | 0.01% | $5,679 | $5,679 | $0 | $0 | 0.00 % |
| 2019 | Commercial Auto Comprehensive | 0.02% | $41,437 | $49,274 | $10,664 | $-2,074 | -4.21 % |
| 2019 | Commercial Auto Collision | 0.02% | $67,049 | $92,846 | $33,549 | $33,528 | 36.11 % |
| 2019 | Fidelity | 0.42% | $241,175 | $167,309 | $2,177 | $146,167 | 87.36 % |
| 2019 | Surety | 0.17% | $322,452 | $504,018 | $4,709,805 | $2,694,120 | N/A |
| 2019 | Burglary & Theft | 1.08% | $209,671 | $184,103 | $55,486 | $66,584 | 36.17 % |
| 2019 | Boiler & Machinery | 0.01% | $8,344 | $7,302 | $0 | $0 | 0.00 % |
| 2018 | Total Property & Casualty | 0.04% | $8,658,625 | $8,291,063 | $5,239,854 | $4,070,054 | 49.09 % |
| 2018 | Total Fire & Allied Lines | 0.01% | $156,794 | $159,114 | $39,268 | $36,929 | 23.21 % |
| 2018 | Commercial Fire & Allied Lines | 0.05% | $156,794 | $159,114 | $39,268 | $36,929 | 23.21 % |
| 2018 | Total Homeowners | 0.00% | $4,707 | $4,670 | $0 | $0 | 0.00 % |
| 2018 | Homeowners Multi-Peril | 0.00% | $4,707 | $4,670 | $0 | $0 | 0.00 % |
| 2018 | Commercial Multi-Peril | 0.05% | $956,239 | $933,766 | $3,036,774 | $3,393,024 | N/A |
| 2018 | Ocean Marine | 0.69% | $699,314 | $670,723 | $194,529 | $270,151 | 40.28 % |
| 2018 | Inland Marine (Incl Auto Cargo) | 0.07% | $818,066 | $962,694 | $247,195 | $274,225 | 28.49 % |
| 2018 | Earthquake | 0.01% | $16,131 | $15,679 | $0 | $0 | 0.00 % |
| 2018 | Direct Workers Compensation | 0.02% | $566,286 | $544,052 | $221,350 | $32,322 | 5.94 % |
| 2018 | Other Liability - Bodily Injury & Property Damage | 0.09% | $1,575,451 | $1,408,688 | $215,978 | $756,615 | 53.71 % |
| 2018 | Products Liability | 0.10% | $82,669 | $47,389 | $0 | $4,180 | 8.82 % |
| 2018 | Total Private Passenger Automobile | 0.00% | $1,496 | $1,496 | $0 | $0 | 0.00 % |
| 2018 | Private Passenger Auto Liability Bodily Injury | 0.00% | $456 | $456 | $0 | $0 | 0.00 % |
| 2018 | Private Passenger Auto Liability Property Damage | 0.00% | $165 | $165 | $0 | $0 | 0.00 % |
| 2018 | Private Passenger Auto Comprehensive | 0.00% | $350 | $350 | $0 | $0 | 0.00 % |
| 2018 | Private Passenger Auto Collision | 0.00% | $525 | $525 | $0 | $0 | 0.00 % |
| 2018 | Total Commercial Automobile | 0.03% | $395,732 | $365,371 | $120,923 | $136,862 | 37.46 % |
| 2018 | Commercial Auto Liability Bodily Injury | 0.03% | $209,268 | $202,700 | $24,404 | $49,314 | 24.33 % |
| 2018 | Commercial Auto Liability Property Damage | 0.03% | $77,479 | $74,534 | $51,518 | $34,439 | 46.21 % |
| 2018 | Commercial Auto Medical Payments | 0.01% | $1,829 | $1,829 | $0 | $0 | 0.00 % |
| 2018 | Commercial Auto Uninsured Motorists | 0.01% | $3,671 | $3,671 | $0 | $0 | 0.00 % |
| 2018 | Commercial Auto Comprehensive | 0.02% | $35,869 | $28,497 | $366 | $2,836 | 9.95 % |
| 2018 | Commercial Auto Collision | 0.02% | $67,616 | $54,140 | $44,635 | $50,273 | 92.86 % |
| 2018 | Fidelity | 0.32% | $186,424 | $150,151 | $138,499 | $21,670 | 14.43 % |
| 2018 | Surety | 0.50% | $717,559 | $550,771 | $-5,600 | $1,749,392 | N/A |
| 2018 | Burglary & Theft | 0.97% | $155,291 | $147,319 | $0 | $2,427 | 1.65 % |
| 2018 | Boiler & Machinery | 0.01% | $7,550 | $7,881 | $0 | $0 | 0.00 % |
| 2018 | Professional Liability (Excl Medical Malpractice) | 0.20% | $481,455 | $538,349 | $-4,170 | $-163,659 | -30.40 % |
| 2018 | Lawyers Malpractice | 2.36% | $765,192 | $771,829 | $0 | $-850,906 | -110.25 % |
| 2018 | Real Estate Malpractice | 0.47% | $23,152 | $23,152 | $31,500 | $31,500 | N/A |
| 2018 | Umbrella | 0.74% | $1,049,117 | $987,969 | $1,003,608 | $-1,624,678 | -164.45 % |
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 |
|---|---|---|---|---|
| 2019 | Private Passenger Auto | 0.00% | 0 | 0 |
| 2019 | Homeowners | 0.00% | 0 | 0 |
| 2018 | Private Passenger Auto | 0.00% | 0 | 0 |
| 2018 | Homeowners | 0.00% | 0 | 0 |
Company Changes
Market Conduct
Date: 05/19/2014
Financial Exams
This company does not have any financial exams.