2010 This year marked a significant milestone for State Auto. Personal lines sales reached one million policies and one billion dollars in premium. By the end of 1921, its first year of operation, State Auto Mutual Insurance Company had written $18,005.30 in auto insurance-then its only line of business. Today, the State Auto Group exceeds $1.5 billion in premium, with products that include auto, home, business and specialty lines insurance.
State Auto also cut the ribbon on its new state of the art Data Center in Delaware, OH. This Tier 3 data center was an investment not only in the future of State Auto Insurance Companies but also in our one million policyholders throughout the nation.
2011 In January, State Auto completed the previously announced sale of its non-standard automobile insurance subsidiary, State Auto National Insurance Company, to Hallmark Insurance Company of Fort Worth, Texas, effective December 31, 2010.
Additionally, Executive Vice President and Chief Operating Officer Mark A. Blackburn announced his retirement. Rather than appoint a new chief operating officer, the executive leadership team was restructured and responsibilities broadened.
This year marked an unprecedented year for deadly and destructive storms, from Joplin, Mo., to Springfield, Mass. State Auto responded by mobilizing teams to assist policyholders and agents, who were greatly impacted by these storms.
2012 State Auto won its third Interface Partnership Award from Applied Systems, presented to carriers who offer their agents a broad variety of interface transactions, including download, real-time inquiry and real-time policy rating. This award demonstrated State Auto's commitment to the independent agency system.
State Auto was also recognized for its community involvement by receiving the Indianapolis Children’s Museum Power of Partnership Award. State Auto is proud to support the Children’s Museum in Indianapolis. Through the help of organizations like State Auto, the museum is able to support family learning and transform the lives of the children who visit.
2015 The shareholders of State Auto Financial Corporation elected Michael E. LaRocco as a director of the company at its 2015 annual shareholders meeting. LaRocco was also officially named president and chief executive officer of the company, succeeding Robert P. Restrepo Jr., who was re-elected as a director and will remain as chairman until his retirement on Dec. 31, 2015.
At left: Robert P. Restrepo Jr., who was named Chairman, President and CEO of the State Auto Companies on February 10, 2006.