Who is Hanover Insurance owned by?

Asked by: Yvette Mueller  |  Last update: February 11, 2022
Score: 4.6/5 (52 votes)

On December 1, 2005, Allmerica Financial Corporation changed its name to The Hanover Insurance Group, Inc. and is the parent company of two divisions, Hanover Insurance and Citizens Insurance. It publicly trades under its new ticker symbol since that time.

Is Hanover and Citizens insurance the same?

Are The Hanover and Citizens the same company? Citizens Insurance is the brand we use for personal insurance in Michigan. It is a member company of The Hanover Insurance Company.

How old is Hanover Insurance Company?

Eight out of 160 years of history may not seem like a big deal but for Hanover Insurance Group, founded in 1852, the last eight years have seen a series of big deals.

Is Hanover an admitted carrier?

The Hanover copyrights or has licensed copyrighted works from others. ... Note that AIX Specialty Insurance Company, a member of The Hanover Insurance Group, is an unlicensed, non-admitted insurer in numerous states, including the State of California.

Does Hanover write in Florida?

The Hanover Insurance Company is a multi-line insurer authorized to write commercial and personal lines property and casualty business. ... In accordance with Section 626.9891, Florida Statutes, the Company filed its anti-fraud plan with the Florida Department of Insurance in 1996, with a revision in 1997.

The Hanover's Jack Roche: Exciting Career Opportunities in the Insurance Industry

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How many states is Hanover in?

The Hanover sells highly customizable policies in 20 states.

Is Everest National Insurance Company an admitted carrier?

Everest National Insurance Company, an A+ rated carrier within the Everest Insurance® group of insurance companies, was established in 1991.

What year did The Hanover move their headquarters from NYC to Worcester MA?

On the move 1946-2003

1958 - Changes name from The Hanover Fire Insurance Company to The Hanover Insurance Group to reflect a broader product range. 1969 - Moves headquarters from NYC to its present day home office in Worcester, Massachusetts.

How many employees does Hanover Insurance have?

A leading property and casualty insurance carrier, The Hanover has more than 4,000 employees in the U.S. and provides insurance protection for individuals, families, and businesses.

Does citizens own Hanover?

The Hanover Insurance Group, Inc. (NYSE: THG) operates as The Hanover Insurance Company, except in Michigan, where we do business as Citizens Insurance Company of America. ... Taken as a group, The Hanover ranks among the top 35 Property and Casualty insurers in the United States.

What states does Hanover Insurance Cover?

Hanover insurance offers auto, home, and renters in 18 states: Arkansas, Connecticut, Georgia, Illinois, Indiana, Louisiana, Maine, Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, Oklahoma, Pennsylvania, Tennessee, Virginia, and Wisconsin.

Is Hanover Insurance a good company to work for?

Is The Hanover Insurance Group a good company to work for? The Hanover Insurance Group has an overall rating of 4.1 out of 5, based on over 667 reviews left anonymously by employees. 81% of employees would recommend working at The Hanover Insurance Group to a friend and 78% have a positive outlook for the business.

What is the meaning of Hanover?

Hanover in British English

1. a princely house of Germany (1692–1815), the head of which succeeded to the British throne as George I in 1714. 2. the royal house of Britain (1714–1901) Collins English Dictionary.

Why did Britain lose Hanover?

Hanover's vote in favor of the mobilisation of Confederation troops against Prussia on 14 June 1866 prompted Prussia to declare war. The outcome of the war led to the dissolution of Hanover as an independent kingdom and it was annexed by the Kingdom of Prussia, becoming the Prussian Province of Hanover.

Does Hanover sell life insurance?

Whether you're single, married or empty nesters, we can offer you tailored protection options for your needs with the services and convenient tools you want.

Does Hanover do life insurance?

Hanover offers company-paid medical, dental, vision and prescription coverage following 30 days of employment. All full-time employees also benefit from basic life insurance, accidental death & dismemberment, and long-term disability policies at no cost.

Is Hanover Insurance Cheap?

The Hanover car insurance isn't known as the cheapest car insurance provider. Minimum coverage costs are higher than the top 10 car insurance companies that have rates ranging between $351 and $756 for basic auto insurance.

How is auto owners insurance rated?

The company is represented by 48,000 licensed agents in 26 states and offers multiple lines of insurance including life, home, auto and business. Auto-Owners is rated A++ (Superior) by the AM Best Company, a nationally recognized independent insurance rating authority, and is also a Fortune 500 company.

What is GRP insurance card?

This group number identifies the specific benefits associated you your employer's plan. Healthcare providers use the group number plus your member ID number to file claims for your care.