Hanover Insurance Group reported third quarter income fell 215 percent on the combination of weather related and investment losses, but management said it expects to do well for the year.
The company reported third quarter income dropped $116 million to income loss of $62 million, or loss per share of $1.21, compared to net income last year of $54 million or $1.03 a share.
The results were on total revenues in the period of $642 million, down 4 percent, or $30 million, from the comparative quarter of $672 million.
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