ASBESTOS LITIGATION: Hanover Cites $14MM Net Reserve at March 31

The Hanover Insurance Group, Inc.’s net asbestos- and environmental-related reserve for losses and loss adjustment expenses were US$14 million at March 31, 2009 and US$13.9 million at Dec. 31, 2008.

The Company’s gross A&E-related reserve for losses and LAE were US$18.4…