MASSACHUSETTS INSURANCE COMPANY EXPANDS OFFERINGS IN COMMERCIAL FRAUD www.wbjournal.com - News Briefs: "Finance

Hanover expands policies to address rise of fraud

WORCESTER – The Hanover Insurance Group Inc. is expanding its insurance offerings to combat increases in commercial fraud, which now accounts for more than $600 billion in losses each year. Fraud encompasses everything from stolen computers to missing cash. The insurer’s fidelity/commercial crime policies include coverage for employee theft and computer theft. In addition, policies cover employee theft of client assets when those employees are working on the premises of a client.