Personal lines operating in ‘unprecedented hard market’: The Hanover’s Roche
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Personal lines operating in ‘unprecedented hard market’: The Hanover’s Roche

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The Hanover anticipates that personal lines pricing will further strengthen in 2023 and end the year in the mid-teens, given current market discipline and elevated loss trends, according to CEO John Roche.

During the insurer’s Q4 earnings call, the chief executive noted that the US regulatory environment is evolving to allow further rate increases in most states.

“We

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