September 11, 2009

ASBESTOS UPDATE: Hanover Records $14.7Mil Net Reserve at June 30

COMPANIES: Hanover Insurance Group Inc, The (fka Allmerica Financial Corp)
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The Hanover Insurance Group, Inc.’s net asbestos- and environmental-related reserve for losses and loss adjustment expenses were US$14.7 million at June 30, 2009 and US$13.9 million at Dec. 31, 2008.

The Company’s net A&E-related reserve for losses and LAE were US$14…

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TOPICS: Asbestos | Financial Services | General News | Insurance | Legal Issues, Litigation
LOCATIONS: Massachusetts | United States