The Hanover Completes Acquisition of Verlan Holdings

The Hanover Insurance Group has completed the previously announced acquisition of Verlan Holdings Inc. of Silver Spring,Md., for $29 million, The Hanover announced."We are pleased to add Verlan's specialized product and service capabilities to our commercial lines portfolio, enhancing our ability to deliver distinctive value to our agent partners and shareholders," said Frederick H. Eppinger, Hanover's chief executive officer, in a statement.Verlan Holdings is the holding company for Verlan Fire Insurance Co. and Coatings Industry Services. Verlan Fire Insurance Company is a property i...