Macroeconomic pressure on auto and home ‘more challenging’ than expected: The Hanover
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Macroeconomic pressure on auto and home ‘more challenging’ than expected: The Hanover

The Hanover Insurance Group logo with Jeff Farber.jpg

The Hanover Group (THG) CFO Jeffrey Farber said the macroeconomic conditions impacting personal lines were proving to be more challenging to the industry than what had been expected in January, during a conference call with analysts on Wednesday.

The commentary follows the company’s release of its second-quarter results on Tuesday. THG reported strong results in its commercial and specialty line segments.

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