Moody's ups Hanover Insurance view to stable

Moody's Investors Service said it affirmed the ratings of The Hanover Insurance Group, Inc. (senior debt at Ba1) and of Hanover Insurance Co. (insurance financial strength at Baa1).

The outlook has been changed to stable from negative.

The Ba1 insurance financial strength rating and the stable outlook on First Allmerica Financial Life Insurance Co. remain unaffected, Moody's said.

According to Moody's, the change to a stable outlook reflects a greater certainty regarding the ultimate size of the company's hurricane losses incurred in the last half of 2005.

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