– The Hanover Insurance Group, Inc. (NYSE:THG) today announced a preliminary estimate for fourth quarter catastrophe losses of approximately $190 million, before taxes, or 13.9 points of net earned premiums. The estimate is approximately $137 million above the company’s pre-tax fourth quarter catastrophe assumption, driven by the effects of Winter Storm Elliott, which accounted for approximately $165 million, before taxes, of overall catastrophe losses in the quarter and primarily impacted the company’s core commercial business.
EXCLUSIVE: Top 100 Insurer In Pact With SOBRsafe For Sponsored Customer Pilots
SOBR Safe Inc (NASDAQ: SOBR) has signed an agreement with a Top 100 Property & Casualty insurance company to conduct two pilot tests with last-mile fleet customers, as paid for by the insurer.
