Latest news with #Hanover
Yahoo
20 hours ago
- Business
- Yahoo
Hanover Insurance (THG) Reports Q2 Earnings: What Key Metrics Have to Say
Hanover Insurance Group (THG) reported $1.66 billion in revenue for the quarter ended June 2025, representing a year-over-year increase of 5.5%. EPS of $4.35 for the same period compares to $1.88 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $1.66 billion, representing a surprise of -0.1%. The company delivered an EPS surprise of +41.69%, with the consensus EPS estimate being $3.07. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Hanover Insurance performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: GAAP Loss and LAE Ratio: 61.9% compared to the 66% average estimate based on three analysts. GAAP Expense Ratio: 30.6% compared to the 30.6% average estimate based on three analysts. GAAP Combined Ratio: 92.5% versus 96.6% estimated by three analysts on average. Core Commercial - Loss and LAE Ratio: 60.1% versus the three-analyst average estimate of 63.7%. Operating Revenues- Core Commercial- Net Investment Income: $47.7 million versus $47.34 million estimated by three analysts on average. Operating Revenues- Personal Lines- Net Investment Income: $30.2 million compared to the $30.79 million average estimate based on three analysts. Operating Revenues- Core Commercial- Other income: $1.3 million compared to the $1.43 million average estimate based on three analysts. Operating Revenues- Specialty- Other income: $1.1 million compared to the $1.26 million average estimate based on three analysts. Operating Revenues- Personal Lines- Other income: $3.7 million compared to the $3.85 million average estimate based on three analysts. Operating Revenues- Personal Lines- Net Premiums Earned: $635.1 million compared to the $634.7 million average estimate based on three analysts. The reported number represents a change of +4.9% year over year. Revenues- Premiums earned: $1.55 billion compared to the $1.55 billion average estimate based on three analysts. The reported number represents a change of +4.9% year over year. Revenues- Net investment income: $105.5 million versus $105.03 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +16.7% change. View all Key Company Metrics for Hanover Insurance here>>> Shares of Hanover Insurance have returned -0.5% over the past month versus the Zacks S&P 500 composite's +3.4% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Hanover Insurance Group, Inc. (THG) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CBS News
23-07-2025
- Automotive
- CBS News
Police, doctors warn of e-bike dangers as use skyrockets in Massachusetts
No matter where you go in the city, it's not hard to spot an electronic bike or scooter zipping through the streets. On a hot day like Wednesday, Druv Manik told WBZ, in comparison to a traditional bike, "I like these a lot better because they're much faster and I don't have to use much energy." Chris Child, another cyclist agreed saying, "It's a nice way to get around." Over the past few years, e-bikes and scooters have grown in popularity for being fast, fun, and convenient. But when deciding between using it and a traditional bike, medical professionals say you should know the risks. "We have seen a few injuries this year alone in our pediatric intensive care unit," said Dr. Michael Flaherty, a pediatric intensivist at Mass General Brigham. Since e-bikes became more accessible, he claims more kids have been coming in with injuries. "Above all it's head injuries, which are the most dangerous and that's usually due to not wearing a helmet," Flaherty explained. "And then it's a lot of extremity injuries broken limbs, road rash injuries just from the impact of falling and going that fast." According to the doctor, it's an issue that goes far beyond Massachusetts. "In the emergency department, the number is quoted over the past four or five years have been close to 50,000 emergency department visits for e-bike related injuries across the United States," he said. In the town of Hanover, Police Chief Timothy Kane tells WBZ, the amount of youth using e-bikes has skyrocketed. "A lot of times, we're observing these youngsters traveling in the wrong direction, cutting off traffic, not yielding," Kane said. In an effort to keep kids safe, the chief sent out a notice earlier this month saying, "All riders who operate a bicycle on a public way in a manner that jeopardizes the lives and safety of the public will be cited for Operating to Endanger (OTE)." For those under the age of 18, we're told their bikes will be impounded. "We want to make sure that we do everything that we can so that this community can avoid a tragedy," Kane said. The state of Massachusetts doesn't have a clear set of concrete rules and regulations for e-bikes and e-scooters. To prevent more injuries, Flaherty says parents should be educating their children on the rules of the road. "If you're under the age of 16 and you don't have a driver's license you probably shouldn't be riding a motorized bike that can go 20 to 35 mph," he said.
Daily Mail
23-07-2025
- Entertainment
- Daily Mail
Househunters spot brightly-coloured four-bed terrace on sale for £625,000 - but it's nothing compared to the inside
Househunters have been left stunned at a bright-coloured four-bedroom terraced house which has just landed on the market. The property, which has been likened to 'Polly Pocket's home', is immediately visible from the road, sporting a baby pink exterior with bright yellow accents. But if you think the exterior is bold, just wait until you step inside. The colourful nature does not stop at the door, and the interior is even more full of quirky trinkets and furniture in every colour possible, with the owner's unique taste evident immediately upon entering. It's a maximalist's fever dream, a celebration of individuality with not a beige wall in sight. The walls are decorated in ramshackle, mismatched frames, while the furniture itself is in bright neon and primary shades. Lampshades in various fabrics and patterns dangle from the ceiling, and even the bathroom is painted a vivacious yellow. The garden hasn't escaped pops of colour either, having been painted turquoise, pink and yellow, and decked out with various rainbow furniture. Love it or loathe it, this vibrant home on Bentham Road in the Hanover area in Brighton is impossible to ignore and it's certainly left the internet divided. One user commented: 'The inside looks like it's owned by Polly Pocket.' 'I'd take this any day over the greige,' said another viewer. Someone else joked: 'That's low key for Brighton.' 'Go big or go home,' another person wrote. Someone else added: 'You found Mr Blobby's house!' The listing, held by Wheelers Estate Agents for £625,000, describes it as a 'vibrant and spacious' home on a 'charming one-way street'. The property boasts four bedrooms, two bathrooms, two cosy lounges, a spacious and open-plan dining room, and a kitchen. One of the bedrooms appears to be being used as an office filled with fabrics, while a second room is equally pokey and could be used as a study. It's not the only property which has left those looking a for a new pad open-mouthed for its choice in design or decoration. A terrace house, in Boston, Lincolnshire, has hit the market for offers over £110,000, and has also caused a similar reaction Upon first glance, the three-bedroom house looks unassuming as the exterior is narrow and cosy with a traditional tiled roof. However, property hunters were left gobsmacked when flicking through the photos of the dwelling - questioning the interior-design skills of the current home-owner. As soon as you step through the front door, you are greeted with a rather bizarre choice of ceiling in the lounge. While many opt to keep their ceiling basic by opting for simple white paint, the owner of this property wanted to push the boat out by covering every inch of their roof with white fluff to create a cloud effect. As soon as you step through the front door, you are greeted with a rather bizarre choice of ceiling in the lounge as it is seemingly made from cotton wool The ceiling in the main living area is covered in what appears to be bits of cream cotton wool stuck together, with a flat white-tone light in the centre. This peculiar design choice is said to have come from a TikTok trend in 2020, when many started to experiment with DIY during the Covid-19 pandemic. However, some people slammed the current resident's decision to plaster the ceiling with cotton balls, claiming that it is a 'fire hazard' and that people have found nasty bugs hiding in the cracks and crevices of the material. A Reddit user posted the house listing on the anonymous forum platform and said: Check out the ceiling in photo two. I had a WTF moment. What IS that??' It racked up more than 100 replies, with one person writing: 'Oh my god this was a TikTok trend ages ago but people kept finding spiders and bugs in it.' Another penned: 'Cloudy with a chance of fire hazard.' A third said: 'That wall sticker in the bathroom is appalling even by tacky wall sticker standards. And stuck onto tile??' A fourth commented: 'If that isn't owned by a single man, I'll be shocked.' A fifth chimed in and said: 'What in the TikTok sponsored bachelor life is going on?' Others pointed out that the owner should focus on cleaning their fish tank, also which is also located in the lounge, as it is a murky brown colour.
France 24
23-07-2025
- Business
- France 24
Who makes laundry smell nice? Meet the professional 'noses'
These busy heroes of the world of smells and aromas shape the connection millions of consumers have with everyday items. While at high-end perfume labels, olfactory artists create scents for luxury body sprays, Symrise's experts work on everyday products that might range from mint-flavoured toothpaste to barbeque chips. Smell, a powerful sense that can trigger emotions and memories, and aroma often decide which food or beverage, cleaning or personal hygiene product ends up in the shopping cart. At Symrise's headquarters in Holzminden, a quiet town south of Hanover, each day at the company's in-house perfumery school begins the same way: sniffing out scents from dozens of tiny bottles while blindfolded. "It's just like tuning a musical instrument before you play," said Alicia De Benito Cassado, a 32-year-old former professional pianist from Spain. Her career switch into scent development was a natural step: she made her own perfumes as a teenager to match the poetry and music that she wrote. "For me, not everything has to smell good," she said. "The horror of smell also helps us discover ourselves." But commercial clients demand something different, De Benito Cassado added. "In the end, we need to create scents that are strong, beautiful, powerful -- and affordable." Professional sniffers Being a "nose" is a full-time job and comes with a three-year training programme. The smell of a fabric softener can be composed of 80 compounds, far more than in a premium body perfume, and the best noses can make out over 1,000 different odours while blindfolded. Being able to break down odours into their chemical components is key. "As a kid, I just smelled jasmine or gardenia as flowers," he said. "Now, I recognise the chemicals: it's a blend of many elements." Students weigh ingredients down to the milligramme, mix, smell, and start over, often by replicating existing smells to understand their structure and then innovate from there. "When developing perfume, it is very important that several people smell it," said 56-year-old master perfumer Marc vom Ende, head of the school. "We all perceive smell differently." 'Nose has the final say' Pleasant smells cannot come at any cost, and the rules of the game change over time. Lilial, a chemical once prized for its floral and sweet Lily-of-the-Valley notes, has been banned in the European Union since 2022 over fears it can cause skin irritation and damage the reproductive system. Fragrances applied directly to the body have stricter regulations than detergents, said 27-year-old South African trainee Attiya Setai. "We're more restricted in raw materials and must replace banned ingredients with new compliant ones," she said. Tastes also vary across global markets, with Shangyun pointing to the example of Chinese shampoos that sell well with a young clientele there but would struggle in Europe. "Something old-fashioned in one country can be new elsewhere," he said. Cost also enters the equation. Symrise extracts aromatic compounds from wood resin, a by-product of the paper industry, in a move "that makes both economic and environmental sense", said vom Ende. It is hard to be a nose. About 500 perfumers work in the industry and 80 of them at Symrise, which has a workforce of 13,000. The company markets about 30,000 products to clients ranging from confectioners to pet food manufacturers and suncream makers. Symrise's competitors include DSM-Firmenich, headquartered in both Switzerland and the Netherlands, as well as Givaudan, another Swiss firm. Artificial intelligence increasingly plays a role, with computer programmes predicting which fragrances will hit the mark. Still, the machines cannot -- yet -- smell, even if they can understand speech and read text.
CTV News
22-07-2025
- CTV News
Accused breaks police cruiser partition, assaults officer, tries to get rifle out of mount during transportation: WGPS
Charges have been laid after police said a man had a 'violent outburst' during arrest in West Grey. On Friday, a man was arrested by the West Grey Police Service and was reportedly uncooperative. When the accused was being taken to the Hanover District Hospital for assessment, police said the man became violent inside the police car. He allegedly slipped his handcuffs from his back to front, kicked the cruiser's partition window until it broke, and got into the front cabin. Police said once the suspect was in the front of the vehicle, he assaulted an officer and tried to get the patrol rifle from its mount. When officers got control of the suspect, he was taken out of the vehicle, where he reportedly continued to resist arrest, fighting with officers and biting them. Hand and leg shackles were put on the suspect, along with a protective helmet to prevent further injury to officers or self-harm. The accused was then taken to Hanover hospital. He remains under police custody and medical assessment. Police searched the man's belongings, leading to the seizure of ammunition, brass knuckles, and a spring-assisted knife. West Grey police said the accused is under a probation order with conditions to keep the peace and not have any weapons. In addition, he is subject to a lifetime prohibition order from prior convictions for dangerous weapons and possession of a loaded firearm. Nine new criminal charges were pressed against the accused, but the specific charges were not released by police.
