The Hanover Insurance Group, Inc. (THG) is a holding company for The Hanover Insurance Company (Hanover Insurance) and Citizens Insurance Company of America (Citizens), which are its principal property and casualty subsidiaries, and certain other insurance and non-insurance subsidiaries. The Company’s primary business operations include insurance products and services in three property and casualty operating segments: Personal Lines, Commercial Lines, and Other Property and Casualty. On March 14, 2008, the Company acquired Verlan Holdings, Inc. On June 2, 2008, the Company completed the sale of its financing subsidiary, AMGRO Inc., to Premium Financing Specialists, Inc. On November 28, 2008, THG acquired AIX Holdings, Inc (AIX). On January 2, 2009, the Company sold First Allmerica Financial Life Insurance Company (FAFLIC), to Commonwealth Annuity and Life Insurance Company, a subsidiary of The Goldman Sachs Group, Inc.
(Source: 10-K) – less – More from ZoomInfo »