(:STFC)

Mar 01, 2022 08:20 am ET
Liberty Mutual Insurance Completes Acquisition of State Auto Group
BOSTON, March 1, 2022 /PRNewswire/ -- Liberty Mutual Insurance has completed the acquisition of State Auto Group, a super-regional property and casualty insurance holding company headquartered in Columbus, Ohio that distributes personal and small commercial coverages in 33 states through approximately 3,400 independent agents. More than 2,000 State Auto employees will join Liberty Mutual's Global Retail Markets US business unit.
Dec 09, 2021 08:00 am ET
Kim Garland to Lead State Auto After Close of Liberty Mutual Insurance Acquisition
State Auto Financial Corporation (NASDAQ:STFC) (“State Auto”) today announced the intention of Liberty Mutual Insurance (“Liberty Mutual”) to appoint Kim Garland, currently senior vice president of personal & commercial lines and managing director of State Auto Labs, as president of State Auto following the completion of Liberty Mutual’s pending acquisition. The deal is expected to close in 2022, pending receipt of required regulatory approvals and other customary closing conditions.
Nov 12, 2021 01:30 pm ET
State Auto Financial Declares 122nd Consecutive Quarterly Dividend
Today the board of directors of State Auto Financial Corporation (NASDAQ:STFC) declared a regular quarterly cash dividend of $0.10 per share, payable Dec. 28, 2021, to shareholders of record at the close of business on Dec. 15, 2021. This is the 122nd consecutive quarterly cash dividend declared by the company's board since STFC had its initial public offering of common stock in 1991.
Nov 04, 2021 06:00 am ET
State Auto Financial Reports Third Quarter 2021 Results
State Auto Financial Corporation (NASDAQ:STFC) today reported a third quarter 2021 net loss of $14.3 million, or $0.32 per diluted share, compared to net income of $11.6 million, or $0.26 per diluted share, for the same 2020 period. Net loss from operations1 per diluted share for the third quarter of 2021 was $0.18 versus $0.10 for the same 2020 period. STFC’s GAAP combined ratio for the third quarter 2021 was 105.3 compared to 106.0 for the same 2020 period.
Sep 30, 2021 08:30 am ET
State Auto Financial Announces Results of Voting at Special Meeting of Shareholders
State Auto Financial Corporation (NASDAQ:STFC) today announced the results of shareholder voting on its proposed merger agreement with Liberty Mutual Holding Company Inc. (LMHC).
Aug 23, 2021 05:08 pm ET
INVESTIGATION: Halper Sadeh LLP Investigates STFC, JAX, GPX, VNE, ACBI; Shareholders are Encouraged to Contact the Firm
NEW YORK, Aug. 23, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:
Aug 18, 2021 12:07 pm ET
SHAREHOLDER ALERT: Rigrodsky Law, P.A. Reminds Investors of Investigation of LONE, CVA, STFC, and HBMD Mergers
Rigrodsky Law, P.A. announces that it is investigating: Lonestar Resources US Inc. (OTC: LONE) regarding possible breaches of fiduciary duties and other violations of law related to Lonestar’s agreement to be acquired by Penn Virginia Corporation...
Aug 13, 2021 01:00 pm ET
State Auto Financial Declares 121st Consecutive Quarterly Dividend
Today the board of directors of State Auto Financial Corporation (NASDAQ:STFC) declared a regular quarterly cash dividend of $0.10 per share, payable Sept. 27, 2021, to shareholders of record at the close of business on Sept. 15, 2021. This is the 121st consecutive quarterly cash dividend declared by the company's board since STFC had its initial public offering of common stock in 1991.
Aug 05, 2021 09:00 am ET
INVESTIGATION ALERT: Halper Sadeh LLP Investigates JAX, STFC, FCCY, ISBC; Shareholders are Encouraged to Contact the Firm
NEW YORK, Aug. 5, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:
Aug 05, 2021 06:00 am ET
State Auto Financial Reports Second Quarter 2021 Results
State Auto Financial Corporation (NASDAQ:STFC) today reported second quarter 2021 net income of $0.6 million, or $0.01 per diluted share, compared to $34.3 million, or $0.74 per diluted share, for the same 2020 period. Net loss from operations1 per diluted share for the second quarter of 2021 was $0.47 versus $0.59 for the same 2020 period. STFC’s GAAP combined ratio for the second quarter 2021 was 110.0 compared to 114.7 for the same 2020 period.
Aug 02, 2021 08:30 am ET
State Auto Financial Cancels Second Quarter 2021 Earnings Conference Call
State Auto Financial Corporation (NASDAQ:STFC) today announced the cancellation of its second quarter 2021 earnings conference call scheduled for Thursday, Aug. 5, 2021, at 11 a.m. ET. The call is being canceled due to the July 12, 2021, announcement that Liberty Mutual Holding Company Inc., State Automobile Mutual Insurance Company and STFC signed a definitive agreement pursuant to which Liberty Mutual would acquire the State Auto Group.
Jul 27, 2021 02:06 pm ET
SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates IKNX, STFC, HBMD, PVAC; Shareholders are Encouraged to Contact the Firm
Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: IKONICS Corporation (NASDAQ: IKNX) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties...
Jul 22, 2021 08:00 am ET
INVESTIGATION: Halper Sadeh LLP Investigates FIVN, KRG, STFC, HBMD; Shareholders are Encouraged to Contact the Firm
NEW YORK, July 22, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:
Jul 21, 2021 03:01 pm ET
Moore Kuehn Encourages HBMD, STFC, CVA and LGV Investors to Contact Law Firm
Moore Kuehn, PLLC, a law firm focusing in securities litigation located on Wall Street in downtown New York City, is investigating potential claims concerning whether the following proposed mergers are fair to shareholders. Moore Kuehn may seek...
Jul 21, 2021 09:06 am ET
Lifshitz Law Firm, P.C. Announces Investigation of ALTA, CORE, LONE, and STFC
Altabancorp (NasdaqCM: ALTA) Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the merger of ALTA with GBCI. If you are an investor, and would like information about our investigation,...
Jul 16, 2021 09:00 pm ET
SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of State Auto Financial Corp. - STFC
NEW YORK,, July 16, 2021 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018-2020 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating State Auto Financial Corp. ("STFC" or the "Company") (STFC) relating to its proposed acquisition by Liberty Mutual Holding Company, Inc. Under the terms of the agreement, STFC shareholders will receive $52.00 in cash per share they own.
Jul 15, 2021 01:15 pm ET
INVESTIGATION ALERT: Halper Sadeh LLP Investigates RIVE, STFC, CLDB, SWN; Shareholders are Encouraged to Contact the Firm
Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Riverview Financial Corporation (NASDAQ: RIVE) concerning potential violations of the federal securities laws and/or breaches of fiduciary...
Jul 14, 2021 03:25 pm ET
INVESTIGATION ALERT: Halper Sadeh LLP Investigates STFC, HBMD, ICBK, ADXS, FOE; Shareholders are Encouraged to Contact the Firm
NEW YORK, July 14, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:
Jul 14, 2021 02:59 pm ET
STATE AUTO FINANCIAL INVESTOR ALERT By the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of State Auto Financial Corporation
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of State Auto Financial Corporation (NasdaqGS: STFC) to Liberty Mutual Holding Company Inc. Under the terms of the proposed transaction, shareholders of State Auto will receive $52 in cash for each share of State Auto that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
Jul 14, 2021 12:30 pm ET
State Auto Financial Responds to A.M. Best Announcement
The following is State Auto Financial Corporation Chairman, President and CEO Mike LaRocco’s response to today’s announcement from A.M. Best Company:
Jul 14, 2021 11:39 am ET
AM Best Places Credit Ratings of State Automobile Mutual Insurance Company and Its Operating Subsidiaries Under Review with Positive Implications
AM Best has placed under review with positive implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” (Excellent) of State Automobile Mutual Insurance Company (SAM) and its operating subsidiaries. Concurrently, AM Best has placed under review with positive implications the Long-Term ICR of “bbb-” (Good) of SAM’s intermediate holding company, State Auto Financial Corporation (STFC) [NASDAQ: STFC]. All of t
Jul 13, 2021 11:27 am ET
STATE AUTO FINANCIAL ALERT: Bragar Eagel & Squire, P.C. Investigates Sale of STFC and Encourages Investors to Contact the Firm
Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has launched an investigation into whether the board members of State Auto Financial Corporation (NASDAQ: STFC) breached their fiduciary duties or violated the...
Jul 13, 2021 11:23 am ET
SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of State Auto Financial Corporation Buyout
Rigrodsky Law, P.A. announces that it is investigating State Auto Financial Corporation (“STFC”) (NASDAQ GS: STFC) regarding possible breaches of fiduciary duties and other violations of law related to STFC’s agreement to be acquired by Liberty...
Jul 13, 2021 10:58 am ET
State Auto Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of State Auto Financial Corporation is Fair to Shareholders; Investors are Encouraged to Contact the Fir
Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of State Auto Financial Corporation (NASDAQ: STFC) to Liberty Mutual Holding Company Inc. is fair to State Auto shareholders. Under the terms of the merger...
Jul 12, 2021 03:17 pm ET
SHAREHOLDER ALERT: WeissLaw LLP Investigates State Auto Financial Corporation
NEW YORK, July 12, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of State Auto Financial Corporation ("State Auto Financial" or the "Company") (NASDAQ: STFC) in connection with the proposed acquisition of the Company by Liberty Mutual Holding Company Inc. ("Liberty Mutual"). Under the terms of the merger agreement, Liberty Mutual will acquire all of the publicly held shares of common stock of State Auto Financial for $52.00 per share in cash. 
Jul 12, 2021 08:30 am ET
Liberty Mutual Insurance Bolsters Independent Agent Network With Agreement to Acquire State Auto Group
BOSTON and COLUMBUS, Ohio, July 12, 2021 /PRNewswire/ -- Liberty Mutual Holding Company Inc. ("Liberty Mutual"), State Automobile Mutual Insurance Company ("State Auto Mutual"), and State Auto Financial Corporation (NASDAQ: STFC) ("State Auto Financial") announced today that they have signed a definitive agreement pursuant to which Liberty Mutual would acquire State Auto Group, a super-regional insurance holding company headquartered in Columbus, Ohio.  Under the terms of the agreement, State Auto mutual members will become mutual members of Liberty Mutual and Liberty Mutual will acquire all
Jul 06, 2021 04:00 pm ET
State Auto Financial Announces Second Quarter 2021 Earnings Conference Call
State Auto Financial Corporation (NASDAQ:STFC) will discuss its second quarter 2021 results in a conference call on Thursday, Aug. 5, 2021, at 11 a.m. ET. The company plans to release its results on Aug. 5, 2021, before the open of regular trading on the Nasdaq Stock Market.
May 14, 2021 01:30 pm ET
State Auto Financial Declares 120th Consecutive Quarterly Dividend
Today the board of directors of State Auto Financial Corporation (NASDAQ:STFC) declared a regular quarterly cash dividend of $0.10 per share, payable June 25, 2021, to shareholders of record at the close of business on June 10, 2021. This is the 120th consecutive quarterly cash dividend declared by the company's board since STFC had its initial public offering of common stock in 1991.
May 06, 2021 06:00 am ET
State Auto Financial Reports First Quarter 2021 Results
State Auto Financial Corporation (NASDAQ:STFC) today reported first quarter 2021 net income of $3.6 million, or $0.08 per diluted share, compared to a net loss of $114.6 million, or $2.62 per diluted share, for the same 2020 period. Net loss from operations1 per diluted share for the first quarter of 2021 was $0.61 versus $0.18 for the same 2020 period. STFC’s GAAP combined ratio for the first quarter 2021 was 112.9 compared to 107.2 for the same 2020 period.
May 03, 2021 04:30 pm ET
State Auto Financial Announces Retirement of CFO
State Auto Financial Corporation (NASDAQ:STFC) announced that Steven E. English, senior vice president and chief financial officer, intends to retire after a 21-year career with the company. An executive search firm has been retained to assist in identifying a successor. English will remain with the company through Dec. 31, 2021, to ensure an orderly transition of duties.
Apr 08, 2021 06:00 pm ET
State Auto Financial Reports Impact of Storm Activity
State Auto Financial Corporation (Nasdaq:STFC) today announced its preliminary estimate of the impact of catastrophe losses on its first quarter 2021 results. The company estimates the first quarter results will include net catastrophe losses including reinsurance reinstatement premiums between approximately $80 million to $82 million. The estimate includes $66 million of net catastrophe losses from winter storms Uri and Viola, a significant portion of which related to the State of Texas.
Apr 07, 2021 08:30 am ET
State Auto Financial Announces First Quarter 2021 Earnings Conference Call
State Auto Financial Corporation (NASDAQ:STFC) will discuss its first quarter 2021 results in a conference call on Thursday, May 6, 2021, at 11 a.m. ET. The company plans to release its results on May 6, 2021, before the open of regular trading on the Nasdaq Stock Market.
Mar 05, 2021 01:30 pm ET
State Auto Financial Declares 119th Consecutive Quarterly Dividend
Today the board of directors of State Auto Financial Corporation (NASDAQ:STFC) declared a regular quarterly cash dividend of $0.10 per share, payable March 26, 2021, to shareholders of record at the close of business on March 17, 2021. This is the 119th consecutive quarterly cash dividend declared by the company's board since STFC had its initial public offering of common stock in 1991.
Feb 18, 2021 06:00 am ET
State Auto Financial Reports Fourth Quarter and Year End 2020 Results
State Auto Financial Corporation (NASDAQ:STFC) today reported fourth quarter 2020 net income of $81.8 million, or $1.85 per diluted share, compared to net income of $33.2 million, or $0.73 per diluted share, for the same 2019 period. Net income from operations1 per diluted share for the fourth quarter of 2020 was $0.66 versus $0.30 for the same 2019 period.
Jan 04, 2021 08:30 am ET
State Auto Financial Announces Fourth Quarter and Year 2020 Earnings Conference Call
State Auto Financial Corporation (NASDAQ:STFC) will discuss its fourth quarter and year 2020 results in a conference call on Thursday, Feb. 18, 2021, at 11 a.m. ET. The company plans to release its results on Feb. 18, 2021, before the open of regular trading on the Nasdaq Stock Market.
Nov 13, 2020 02:00 pm ET
State Auto Financial Declares 118th Consecutive Quarterly Dividend
Today the board of directors of State Auto Financial Corporation (NASDAQ:STFC) declared a regular quarterly cash dividend of $0.10 per share, payable Dec. 29, 2020, to shareholders of record at the close of business on Dec. 16, 2020. This is the 118th consecutive quarterly cash dividend declared by the company's board since STFC had its initial public offering of common stock in 1991.
Nov 05, 2020 06:00 am ET
State Auto Financial Reports Third Quarter 2020 Results
State Auto Financial Corporation (NASDAQ:STFC) today reported third quarter 2020 net income of $11.6 million, or $0.26 per diluted share, compared to $11.5 million, or $0.25 per diluted share, for the same 2019 period. Net loss from operations1 per diluted share for the third quarter of 2020 was $0.10 versus net income from operations1 per diluted share of $0.34 for the same 2019 period.
Oct 01, 2020 08:30 am ET
State Auto Financial Announces Third Quarter 2020 Earnings Conference Call
State Auto Financial Corporation (NASDAQ:STFC) will discuss its third quarter 2020 results in a conference call on Thursday, Nov. 5, 2020, at 11 a.m. ET. The company plans to release its results on Nov. 5, 2020, before the open of regular trading on the Nasdaq Stock Market.
Aug 14, 2020 01:30 pm ET
State Auto Financial Declares 117th Consecutive Quarterly Dividend
Today the board of directors of State Auto Financial Corporation (NASDAQ:STFC) declared a regular quarterly cash dividend of $0.10 per share, payable Sept. 29, 2020, to shareholders of record at the close of business on Sept. 17, 2020. This is the 117th consecutive quarterly cash dividend declared by the company's board since STFC had its initial public offering of common stock in 1991.
Aug 06, 2020 06:00 am ET
State Auto Financial Reports Second Quarter 2020 Results
State Auto Financial Corporation (NASDAQ:STFC) today reported second quarter 2020 net income of $34.3 million, or $0.74 per diluted share, compared to a net loss of $6.2 million, or $0.14 per diluted share, for the same 2019 period. Net loss from operations1 per diluted share for the second quarter of 2020 was $0.59 versus $0.33 for the same 2019 period.
Jul 21, 2020 06:00 am ET
State Auto Financial Reports Impact of Storm Activity
State Auto Financial Corporation (Nasdaq:STFC) today announced its preliminary estimate of the impact of catastrophe losses on its second quarter 2020 results. The company estimates the second quarter results will include approximately $90 million, or 26.5 points, of net catastrophe losses, primarily driven by wind and hail events that impacted the South and Midwest. Approximately 60% of the catastrophe losses for the quarter were in the homeowners line of business.
Jul 16, 2020 09:34 am ET
AM Best Affirms Credit Ratings of State Automobile Mutual Insurance Company and Its Operating Subsidiaries
AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” of State Automobile Mutual Insurance Company (State Auto) and its operating subsidiaries. Concurrently, AM Best has affirmed the Long-Term ICR of “bbb-” of State Auto’s intermediate holding company, State Auto Financial Corporation (STFC) [NASDAQ: STFC]. The outlook of these Credit Ratings (ratings) is stable. All of the above companies
Jul 09, 2020 06:00 am ET
State Auto Extends Contract of President and CEO Mike LaRocco
The boards of directors of State Auto Financial Corporation (NASDAQ:STFC) and State Automobile Mutual Insurance Company (State Auto Mutual) today announced the extension of President and CEO Mike LaRocco’s employment agreement for one year, through Dec. 31, 2022. LaRocco’s previous agreement was set to expire on Dec. 31, 2021.
Jul 01, 2020 04:00 pm ET
State Auto Financial Announces Second Quarter 2020 Earnings Conference Call
State Auto Financial Corporation (NASDAQ:STFC) will discuss its second quarter 2020 results in a conference call on Thursday, Aug. 6, 2020, at 11 a.m. ET. The company plans to release its results on Aug. 6, 2020, before the open of regular trading on the Nasdaq Stock Market.
May 08, 2020 02:00 pm ET
State Auto Financial Declares 116th Consecutive Quarterly Dividend
Today the board of directors of State Auto Financial Corporation (NASDAQ:STFC) declared a regular quarterly cash dividend of $0.10 per share, payable June 26, 2020, to shareholders of record at the close of business on June 12, 2020. This is the 116th consecutive quarterly cash dividend declared by the company's board since STFC had its initial public offering of common stock in 1991.
May 06, 2020 06:00 am ET
State Auto Financial Reports First Quarter 2020 Results
State Auto Financial Corporation (NASDAQ:STFC) today reported a first quarter 2020 net loss of $114.6 million, or $2.62 per diluted share, compared to net income of $49.4 million, or $1.12 per diluted share, for the same 2019 period. Net loss from operations1 per diluted share for the first quarter of 2020 was $0.18 versus net income from operations per diluted share of $0.31 for the same 2019 period.
Apr 22, 2020 10:00 am ET
State Auto Announces Plan to Help Customers in Response to COVID-19
State Auto Insurance Companies (State Auto) customers with personal auto policies as of June 1, 2020, will receive a 5% reduction on their entire policy premium at their next renewal. The discount is one of three elements of State Auto’s In This Together Plan, which is focused on supporting customers through the duration of the COVID-19 pandemic.
Apr 01, 2020 08:00 am ET
State Auto Financial Announces First Quarter 2020 Earnings Conference Call
State Auto Financial Corporation (NASDAQ:STFC) will discuss its first quarter 2020 results in a conference call on Wednesday, May 6, 2020, at 11 a.m. ET. The company plans to release its results on May 6, 2020, before the open of regular trading on the Nasdaq Stock Market.
Mar 10, 2020 05:30 pm ET
State Auto Financial Declares 115th Consecutive Quarterly Dividend
The board of directors of State Auto Financial Corporation (NASDAQ:STFC) declared a regular quarterly cash dividend of $0.10 per share, payable March 26, 2020, to shareholders of record at the close of business on March 16, 2020. This is the 115th consecutive quarterly cash dividend declared by the company's board since STFC had its initial public offering of common stock in 1991.
Feb 20, 2020 06:00 am ET
State Auto Financial Reports Fourth Quarter and Year End 2019 Results
State Auto Financial Corporation (NASDAQ:STFC) today reported fourth quarter 2019 net income of $32.7 million, or $0.72 per diluted share versus a net loss of $24.5 million, or $0.57 per diluted share, for the same 2018 period. Net income from operations1 per diluted share for the fourth quarter of 2019 was $0.29 versus $0.67 for the same 2018 period.
Jan 02, 2020 08:30 am ET
State Auto Financial Announces Fourth Quarter and Year 2019 Earnings Conference Call
State Auto Financial Corporation (NASDAQ:STFC) will discuss its fourth quarter and year 2019 results in a conference call on Thursday, Feb. 20, 2020, at 11 a.m. ET. The company plans to release its results on Feb. 20, 2020, before the open of regular trading on the Nasdaq Stock Market.
Nov 08, 2019 02:00 pm ET
State Auto Financial Declares 114th Consecutive Quarterly Dividend
Today the board of directors of State Auto Financial Corporation (NASDAQ:STFC) declared a regular quarterly cash dividend of $0.10 per share, payable Dec. 27, 2019, to shareholders of record at the close of business on Dec. 17, 2019. This is the 114th consecutive quarterly cash dividend declared by the company's board since STFC had its initial public offering of common stock in 1991.
Oct 31, 2019 06:00 am ET
State Auto Financial Reports Third Quarter 2019 Results
State Auto Financial Corporation (NASDAQ:STFC) today reported third quarter 2019 net income of $11.5 million, or $0.25 per diluted share, compared to net income of $33.4 million, or $0.76 per diluted share, for the same 2018 period. Net income from operations1 per diluted share for the third quarter of 2019 was $0.34 versus $0.44 for the same 2018 period.
Oct 01, 2019 08:30 am ET
State Auto Financial Announces Third Quarter 2019 Earnings Conference Call
State Auto Financial Corporation (NASDAQ:STFC) will discuss its third quarter 2019 results in a conference call on Thursday, Oct. 31, 2019, at 11 a.m. ET. The company plans to release its results on Oct. 31, 2019, before the open of regular trading on the Nasdaq Stock Market.
Aug 09, 2019 02:30 pm ET
State Auto Financial Declares 113th Consecutive Quarterly Dividend
Today the board of directors of State Auto Financial Corporation (NASDAQ:STFC) declared a regular quarterly cash dividend of $0.10 per share, payable Sept. 27, 2019, to shareholders of record at the close of business on Sept. 17, 2019. This is the 113th consecutive quarterly cash dividend declared by the company's board since STFC had its initial public offering of common stock in 1991.
Aug 01, 2019 06:00 am ET
State Auto Financial Reports Second Quarter 2019 Results
State Auto Financial Corporation (NASDAQ:STFC) today reported a second quarter 2019 net loss of $6.2 million, or $0.14 per diluted share, compared to net income of $6.0 million, or $0.14 per diluted share, for the same 2018 period. Net loss from operations1 per diluted share for the second quarter of 2019 was $0.33 versus $0.08 for the same 2018 period.
Jul 01, 2019 04:30 pm ET
State Auto Financial Announces Second Quarter 2019 Earnings Conference Call
State Auto Financial Corporation (NASDAQ:STFC) will discuss its second quarter 2019 results in a conference call on Thursday, Aug. 1, 2019, at 11 a.m. ET. The company plans to release its results on Aug. 1, 2019, before the open of regular trading on the Nasdaq Stock Market.
Jun 20, 2019 11:49 am ET
AM Best Affirms Credit Ratings of State Automobile Mutual Insurance Company and Its Operating Subsidiaries
AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” of State Automobile Mutual Insurance Company (State Auto) and its operating subsidiaries. Concurrently, AM Best has affirmed the Long-Term ICR of “bbb-” of State Auto’s intermediate holding company, State Auto Financial Corporation (STFC) [NASDAQ: STFC]. The outlook of these Credit Ratings (ratings) is stable. All of the above companies
May 10, 2019 02:00 pm ET
State Auto Financial Declares 112th Consecutive Quarterly Dividend
Today the board of directors of State Auto Financial Corporation (NASDAQ:STFC) declared a regular quarterly cash dividend of $0.10 per share, payable June 28, 2019, to shareholders of record at the close of business on June 18, 2019. This is the 112th consecutive quarterly cash dividend declared by the company's board since STFC had its initial public offering of common stock in 1991.
May 02, 2019 06:00 am ET
State Auto Financial Reports First Quarter 2019 Results
State Auto Financial Corporation (NASDAQ:STFC) today reported first quarter 2019 net income of $49.4 million, or $1.12 per diluted share, compared to a net loss of $2.1 million, or $0.05 per diluted share, for the same 2018 period. Net earnings from operations1 per diluted share for the first three months of 2019 was $0.31 versus $0.17 for the same 2018 period.
Apr 18, 2019 07:20 am ET
New Research: Key Drivers of Growth for SeaChange International, State Auto Financial, GWG, Krystal Biotech, Superior Drilling Products, and OHA Investment — Factors of Influence, Major Initiatives an
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of SeaChange International, Inc. (NASDAQ:SEAC), State Auto Financial...
Apr 01, 2019 04:30 pm ET
State Auto Financial Announces First Quarter 2019 Earnings Conference Call
State Auto Financial Corporation (NASDAQ:STFC) will discuss its first quarter 2019 results in a conference call on Thursday, May 2, 2019, at 11 a.m. ET. The company plans to release its results on May 2, 2019, before the open of regular trading on the Nasdaq Stock Market.
Mar 04, 2019 06:45 pm ET
State Auto Financial Reports Revised Financial Information Related to Accounting for Pension and Postretirement Benefits
State Auto Financial Corporation (NASDAQ:STFC) reported today that it is revising previously disclosed financial information related to accounting for its pension and postretirement benefits. STFC had been pooling the net liabilities and the unrecognized actuarial gains and losses along with prior service costs recorded in accumulated other comprehensive income for pension and postretirement benefits to affiliated companies pursuant to a quota share reinsurance agreement or pooling agreement. However, STFC and its auditors have determined that
Mar 01, 2019 02:00 pm ET
State Auto Financial Declares 111th Consecutive Quarterly Dividend
Today the board of directors of State Auto Financial Corporation (NASDAQ:STFC) declared a regular quarterly cash dividend of $0.10 per share, payable March 28, 2019, to shareholders of record at the close of business on March 13, 2019. This is the 111th consecutive quarterly cash dividend declared by the company's board since STFC had its initial public offering of common stock in 1991.
Feb 14, 2019 06:00 am ET
State Auto Financial Reports Fourth Quarter and Year End 2018 Results
State Auto Financial Corporation (NASDAQ:STFC) today reported a fourth quarter 2018 net loss of $24.5 million, or $0.57 per diluted share, which included $54.1 million, or $1.25 per diluted share, of after-tax net unrealized loss on investments, versus a net loss of $6.7 million1, or $0.161 per diluted share, for the fourth quarter of 2017. Net income from operations2 per diluted share for the fourth quarter 2018 was $0.67 versus net loss from operations2 per diluted share of $0.491 for the
Jan 02, 2019 04:30 pm ET
State Auto Financial Announces Fourth Quarter and Year 2018 Earnings Conference Call
State Auto Financial Corporation (NASDAQ:STFC) will discuss its fourth quarter and year 2018 results in a conference call on Thursday, Feb. 14, 2019, at 11 a.m. ET. The company plans to release its results on Feb. 14, 2019, before the open of regular trading on the Nasdaq Stock Market.
Nov 23, 2018 07:45 am ET
Report: Exploring Fundamental Drivers Behind State Auto Financial, CTI Industries, 1347 Property Insurance, U.S. Auto Parts Network, EDAP TMS S.A, and BroadVision — New Horizons, Emerging Trends, and
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of State Auto Financial Corporation (NASDAQ:STFC), CTI Industries Corporation...
Nov 09, 2018 01:00 pm ET
State Auto Financial Declares 110th Consecutive Quarterly Dividend
Today the board of directors of State Auto Financial Corporation (NASDAQ:STFC) declared a regular quarterly cash dividend of $0.10 per share, payable Dec. 28, 2018, to shareholders of record at the close of business on Dec. 7, 2018. This is the 110th consecutive quarterly cash dividend declared by the company's board since STFC had its initial public offering of common stock in 1991.
Nov 01, 2018 06:00 am ET
State Auto Financial Reports Third Quarter 2018 Results
State Auto Financial Corporation (NASDAQ:STFC) today reported third quarter 2018 net income of $33.4 million, or $0.76 per diluted share, compared to a net loss of $9.5 million, or $0.23 per diluted share, for the same 2017 period. Net income from operations per diluted share for the third quarter 2018 was $0.44 versus net loss from operations per diluted share of $0.54 for the same 2017 period.
Oct 01, 2018 08:00 am ET
State Auto Financial Announces Third Quarter 2018 Earnings Conference Call
State Auto Financial Corporation (NASDAQ:STFC) will discuss its third quarter 2018 results in a conference call on Thursday, Nov. 1, 2018, at 11 a.m. ET. The company plans to release its results on Nov. 1, 2018, before the open of regular trading on the Nasdaq Stock Market.
Aug 10, 2018 02:00 pm ET
State Auto Financial Declares 109th Consecutive Quarterly Dividend
Today the board of directors of State Auto Financial Corporation (NASDAQ:STFC) declared a regular quarterly cash dividend of $0.10 per share, payable Sept. 28, 2018, to shareholders of record at the close of business on Sept. 12, 2018. This is the 109th consecutive quarterly cash dividend declared by the company's board since STFC had its initial public offering of common stock in 1991.
Aug 06, 2018 06:00 am ET
State Auto Financial Reports Second Quarter 2018 Results
State Auto Financial Corporation (NASDAQ:STFC) today reported second quarter 2018 net income of $6.0 million, or $0.14 per diluted share, compared to net income of $8.7 million, or $0.21 per diluted share, for the same 2017 period. Net loss from operations per diluted share for the second quarter 2018 was $0.08 versus net loss from operations per diluted share of $0.04 for the same 2017 period.
Jul 02, 2018 08:30 am ET
State Auto Financial to Hold Second Quarter 2018 Earnings Conference Call on August 6
State Auto Financial Corporation (NASDAQ:STFC) will discuss its second quarter 2018 results in a conference call on Monday, Aug. 6, 2018, at 11 a.m. ET. The company plans to release its results on Aug. 6, 2018, before the open of regular trading on the Nasdaq Stock Market.
Jun 12, 2018 10:23 am ET
A.M. Best Affirms Credit Ratings of State Automobile Mutual Insurance Company and Its Operating Subsidiaries
A.M. Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” of State Automobile Mutual Insurance Company (State Auto) and its operating subsidiaries. Concurrently, A.M. Best has affirmed the Long-Term ICR of “bbb-” of State Auto’s intermediate holding company, State Auto Financial Corporation (STFC) [NASDAQ: STFC]. The outlook of these Credit Ratings (ratings) is stable. All of the above companies are headquartered in Columbus, OH. (See below fo
May 11, 2018 02:00 pm ET
State Auto Financial Declares 108th Consecutive Quarterly Dividend
Today the board of directors of State Auto Financial Corporation (NASDAQ:STFC) declared a regular quarterly cash dividend of $0.10 per share, payable June 29, 2018, to shareholders of record at the close of business on June 12, 2018. This is the 108th consecutive quarterly cash dividend declared by the company's board since STFC had its initial public offering of common stock in 1991.
May 10, 2018 08:00 am ET
State Auto Financial to Livestream 2018 Annual Shareholders Meeting
State Auto Financial Corporation (Nasdaq:STFC) will livestream its 2018 annual shareholders meeting on Friday, May 11, 2018, beginning at 11 a.m. ET. To view the livestream, visit StateAuto.com/STFC. An archived version of the event will be available at approximately 2 p.m. ET on Friday, May 11.
May 08, 2018 06:00 am ET
State Auto Financial Reports First Quarter 2018 Results
State Auto Financial Corporation (NASDAQ:STFC) today reported a first quarter 2018 net loss of $2.1 million, or $0.05 per diluted share, compared to net loss of $3.3 million, or $0.08 per diluted share, for the same 2017 period. Net earnings from operations per diluted share for the first quarter 2018 was $0.17 versus net loss from operations per diluted share of $0.20 for the same 2017 period.
Apr 02, 2018 04:00 pm ET
State Auto Financial Announces First Quarter 2018 Earnings Conference Call
State Auto Financial Corporation (NASDAQ:STFC) will discuss its first quarter 2018 results in a conference call on Tuesday, May 8, 2018, at 11 a.m. ET. The company plans to release its results on May 8, 2018, before the open of regular trading on the Nasdaq Stock Market.
Mar 02, 2018 02:05 pm ET
State Auto Financial Declares 107th Consecutive Quarterly Dividend
Today the board of directors of State Auto Financial Corporation (NASDAQ:STFC) declared a regular quarterly cash dividend of $0.10 per share, payable March 29, 2018, to shareholders of record at the close of business on March 13, 2018. This is the 107th consecutive quarterly cash dividend declared by the company's board since STFC had its initial public offering of common stock in 1991.
Feb 20, 2018 06:00 am ET
State Auto Financial Reports Fourth Quarter and Year End 2017 Results
State Auto Financial Corporation (NASDAQ:STFC) today reported a fourth quarter 2017 net loss of $5.8 million, or $0.14 per diluted share, versus net income of $32.5 million, or $0.77 per diluted share, for the fourth quarter of 2016. Net loss from operations1 per diluted share for the fourth quarter 2017 was $0.46 versus net income from operations1 per diluted share of $0.46 for the same 2016 period.
Jan 02, 2018 04:45 pm ET
State Auto Financial Announces Fourth Quarter and Year 2017 Earnings Conference Call
State Auto Financial Corporation (NASDAQ:STFC) will discuss its fourth quarter and year 2017 results in a conference call on Tuesday, Feb. 20, 2018, at 11 a.m. ET. The company plans to release its results on Feb. 20, 2018, before the open of regular trading on the Nasdaq Stock Market.
Nov 28, 2017 08:00 am ET
State Auto Extends Contract of President and CEO Mike LaRocco
The boards of directors of State Auto Financial Corporation (NASDAQ:STFC) and State Automobile Mutual Insurance Company (State Auto Mutual) today announced the extension of President and CEO Mike LaRocco’s employment agreement through Dec. 31, 2021. LaRocco’s previous agreement was set to expire on Dec. 31, 2018.
Nov 10, 2017 02:10 pm ET
State Auto Financial Declares 106th Consecutive Quarterly Dividend
Today the board of directors of State Auto Financial Corporation (NASDAQ:STFC) declared a regular quarterly cash dividend of $0.10 per share, payable Dec. 29, 2017, to shareholders of record at the close of business on Dec. 8, 2017. This is the 106th consecutive quarterly cash dividend declared by the company's board since STFC had its initial public offering of common stock in 1991.
Nov 02, 2017 06:00 am ET
State Auto Financial Reports Third Quarter 2017 Results
State Auto Financial Corporation (NASDAQ:STFC) today reported a third quarter 2017 net loss of $9.5 million, or $0.23 per diluted share, compared to net income of $10.1 million, or $0.24 per diluted share, for the same 2016 period. Net loss from operations1 per diluted share for the third quarter 2017 was $0.54 versus net income from operations1 per diluted share of $0.10 for the same 2016 period.
Oct 04, 2017 05:00 pm ET
State Auto Financial Reports Estimated Third Quarter 2017 Catastrophe Results
State Auto Financial Corporation (NASDAQ:STFC) today announced its pre-tax estimate of $56.1 million from the impact of catastrophe losses on its third quarter 2017 results. The estimate includes losses from Hurricanes Harvey and Irma of $32.5 million and $23.0 million, respectively, with Specialty E&S Property contributing approximately 80% of the hurricane losses. No recoveries are expected from the State Auto Group’s property catastrophe treaty, which is subject to a $75 million retention per catastrophe event.

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