September 17, 2007
Hanover completes lawyer liability buy
By Matthew L. Brown
The Hanover Insurance Group Inc. of Worcester said it had finalized its acquisition of Grand Rapids, Mich.-based Professionals Direct Inc. for $23.2 million.
Professionals Direct is a lawyers' professional liability insurance company and will be added to Hanover's commercial line.
Professionals Direct is the holding company for Professionals Direct Insurance Services and Professionals Direct Insurance Co. The company provides professional liability insurance to lawyers in 36 states.
Professionals Direct is a lawyers' professional liability insurance company and will be added to Hanover's commercial line.
Professionals Direct is the holding company for Professionals Direct Insurance Services and Professionals Direct Insurance Co. The company provides professional liability insurance to lawyers in 36 states.
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