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Florida House Bill 837, passed March 24, 2023, was intended to reduce the number and cost of insurance lawsuits in Florida. [36] That issue was one of the reasons cited by insurance companies leaving Florida according to the Insurance Commissioner Michael Yaworsky.
The Hanover Insurance Group was established in 1852 near Hanover Square in Manhattan in New York City.It paid a cash dividend to shareholders every year since 1853. [2]Though remaining a relatively small company over the next 125 years, Hanover's common stock price multiplied between 1971 and 1983 by over 23 times from its low point in the decade to its eventual peak.
Merchants employs over 300 insurance professionals throughout its operating territories, and works with more than 1,000 independent insurance agents. The company offers insurance in Massachusetts , Michigan , New Hampshire , New Jersey , New York , Ohio , Pennsylvania , and Vermont .
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Manufacturers Hanover Corporation was an American bank holding company that was formed as parent of Manufacturers Hanover Trust Company (MHT or, informally, Manny Hanny), a large New York City bank formed through a merger in 1961 with ancestor companies, especially the Manufacturers Trust Company, having had a long history in New York banking going back to the 1850s.
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