The Hanover Insurance Group shares rise 1.47% intraday after AM Best affirmed its credit ratings.

The Hanover Insurance Group, Inc. rose 1.47% in intraday trading, with AM Best affirming the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of 'a+' (Excellent) for its property/casualty subsidiaries. Additionally, AM Best affirmed the Long-Term ICR of 'bbb+' (Good) and all Long-Term Issue Credit Ratings (Long-Term IR) for The Hanover Insurance Group, Inc., the parent holding company. The outlook for these ratings is stable.