{"id":5036,"date":"2026-07-18T07:33:35","date_gmt":"2026-07-18T07:33:35","guid":{"rendered":"https:\/\/www.insuracarelife.com\/blog\/the-hanover-names-dick-lavey-ceo-elect\/"},"modified":"2026-07-18T07:33:35","modified_gmt":"2026-07-18T07:33:35","slug":"the-hanover-names-dick-lavey-ceo-elect","status":"publish","type":"post","link":"https:\/\/www.insuracarelife.com\/blog\/the-hanover-names-dick-lavey-ceo-elect\/","title":{"rendered":"The Hanover names Dick Lavey CEO-elect"},"content":{"rendered":"<div>\n<p>The Hanover Insurance Group has named Richard &#8220;Dick&#8221; W. Lavey (pictured, right) as CEO-elect, succeeding president and CEO John &#8220;Jack&#8221; C. Roche (pictured, left), who plans to retire on December 31, 2026. The timing carries specific market significance. Independent agents placed 62% of all US property and casualty insurance written in 2025, up from 61.5% in 2024 per the Big I 2026 Market Share Report &#8211; a record share for the channel The Hanover has built its business around. Simultaneously, commercial premiums fell for the first time in nearly nine years in Q1 2026 per the Council of Insurance Agents and Brokers, ending a 33-quarter streak of increases as competition intensifies and pricing softens across several lines. Lavey inherits record channel momentum and a softening pricing cycle at the same moment.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Hanover Insurance Group has named Richard &#8220;Dick&#8221; W. Lavey (pictured, right) as CEO-elect, succeeding president and CEO John &#8220;Jack&#8221; C. Roche (pictured, left), who plans to retire on December 31, 2026. The timing carries specific market significance. Independent agents placed 62% of all US property and casualty insurance written in 2025, up from 61.5% [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5037,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[4081,4079,1341,4080,2148],"class_list":["post-5036","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-ceoelect","tag-dick","tag-hanover","tag-lavey","tag-names"],"_links":{"self":[{"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/posts\/5036","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/comments?post=5036"}],"version-history":[{"count":0,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/posts\/5036\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/media\/5037"}],"wp:attachment":[{"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/media?parent=5036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/categories?post=5036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/tags?post=5036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}