Hanover Insurance Group, Inc. (THG): Richard W Lavey , Executive Vice President of Hanover Insurance Group, Inc. sold 2,500 shares on May 20, 2016. The Insider selling transaction was reported by the company on May 23, 2016 to the Securities and Exchange Commission. The shares were sold at $86.65 per share for a total value of $216,632.25 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 19, 2016, Frederick H Eppinger (President & CEO) sold 85,000 shares at $86.35 per share price.On Mar 1, 2016, Warren E. Barnes (VP & Act. Principal Acctg. Off) sold 2,018 shares at $84.29 per share price.Also, On Feb 18, 2016, Mark Joseph Welzenbach (Senior Vice President) sold 6,250 shares at $82.09 per share price.On Feb 12, 2016, Robert A Stuchbery (President, Int’l Operations) sold 11,500 shares at $81.99 per share price.
Hanover Insurance Group Inc: On Friday, May 20, 2016 heightened volatility was witnessed in Hanover Insurance Group Inc which led to swings in the share price. The shares opened for trading at $86.57 and hit $87.56 on the upside , eventually ending the session at $86.96, with a gain of 1.01% or 0.87 points. The heightened volatility saw the trading volume jump to 3,75,320 shares. The 52-week high of the share price is $91.3 and the company has a market cap of $3,735 M . The 52-week low of the share price is at $70.121.
Hanover Insurance Group Inc. is a holding company. The Companys primary business operations are property and casualty insurance products and services. The Company markets its domestic products and services through independent agents and brokers in the United States and conduct business internationally through a wholly-owned subsidiary Chaucer Holdings Limited and Corporation of Lloyds in the United Kingdom. The Company operates through four segments: Commercial Lines Personal Lines Chaucer and Other. The Companys Commercial Lines product suite provides agents and customers with products designed for small middle and specialized markets. The Companys Personal automobile coverage insures individuals against losses incurred from personal bodily injury. The Companys Chaucer segment include Marine and aviation includes worldwide direct facultative and treaty business. The Companys Other segment consists of: Opus which provides investment advisory services.