The Hanover Insurance Group says first-quarter net income increased about 33.2 percent to $66.2 million.
CEO Frederick H. Eppinger says the Worcester, Mass.-based insurer received rate increases of 9 percent in core Commercial and Personal lines during the first quarter and it is seeing greater rate increases in Specialty.
Net premiums written during the first three months were about $1.1 billion, a 6 percent increase compared to the same period a year earlier.
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