state auto News

State Auto Financial Estimates Around $60M in Cat Losses in Q3

State Auto Financial Corp. estimates its third quarter 2011 results will include between $60 million and $63 million in pre-tax catastrophe losses, which includes approximately $25 million of prior period development from second quarter 2011 catastrophes. Catastrophic events during the …

State Auto Reports Increase in Net Loss and Premium Written in Q2

Columbus, Ohio-based State Auto Financial Corp. reported a second quarter 2011 net loss of $201.4 million, or $5.01 per diluted share, versus a net loss of $26.2 million, or $0.66 per diluted share, for the second quarter of 2010. STFC’s …

State Auto Financial Updates Estimate of Q2 Storm Impact

In an updated estimate of the impact of second quarter 2011 catastrophe storm activity, State Auto Financial Corp. said second quarter 2011 results will include between $155 million and $165 million in pre-tax catastrophe losses related to second quarter storm …

Spriggs to Lead State Auto Government Relations Team

Élise Spriggs, a 20-year veteran of Ohio’s legislative and legal communities, has joined Columbus, Ohio-based State Auto Insurance Companies as director of Government Relations. Since January 2011, Spriggs had served as director of government affairs in Ohio Gov. John Kasich’s …

A.M. Best Downgrades Ratings of State Auto Insurance Companies

A.M. Best Co. has downgraded the financial strength rating (FSR) to A (Excellent) from A+ (Superior) and issuer credit ratings (ICR) to “a+” from “aa-” of Columbus, Ohio-based State Auto Insurance Companies (State Auto) and its operating members. Concurrently, A.M. …

State Auto Companies Elect New Officers

Kyle B. Anderson, Diane M. Dierna, Winford (Win) L. Logan and Jeffrey (Jeff) D. Wilson have been elected assistant vice presidents by the boards of directors of State Automobile Mutual and State Auto Property & Casualty Insurance Companies. Kyle B. …

United Fire & Casualty Announces New Officers and Directors

Iowa-based United Fire & Casualty Co. announced new executive appointments and the election of four new directors for full terms on its 12-member board. Denver Regional Office Underwriting Manager Jolene Grow was appointed assistant vice president of United Fire & …

Van Gieson Promoted in State Auto’s Western Regional Office

State Auto Insurance announced that Erin Van Gieson has been promoted to Personal Lines sales manager in the company’s Western Regional office, located in Austin, Texas. Van Gieson has served as a personal insurance sales representative for the past three …

Rockhill Appoints Orza to Lead Management, Professional Liability Unit

Rockhill Insurance Company, a member of Columbus, Ohio-based State Auto Group, has appointed A.Q. “Skip” Orza II to leads its management and professional liability insurance division. Orza is a recognized expert in the professional liability insurance sector with more than …

State Auto Sees Improvements in Q4 2010

State Auto Financial Corp., headquartered in Columbus, Ohio, reported fourth quarter 2010 net income of $37.6 million, or $0.94 per diluted share, versus $14.4 million, or $0.36 per diluted share, for the fourth quarter of 2009. STFC’s GAAP combined ratio …