255 results

State Auto Financial declares 95th consecutive quarterly dividend

Columbus, Ohio (March 6, 2015) - 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 30, 2015, to shareholders of record at the close of business on March 19, 2015. This is the 95th consecutive quarterly cash dividend declared by the company's board since STFC had its initial public offering of common stock in 1991. State Auto Financial Corporation, headquartered in Columbus, Ohio, is a

State Auto Financial declares 95th consecutive quarterly dividend

Columbus, Ohio (March 6, 2015) - 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 30, 2015, to shareholders of record at the close of business on March 19, 2015. This is the 95th consecutive quarterly cash dividend declared by the company's board since STFC had its initial public offering of common stock in 1991. State Auto Financial Corporation, headquartered in Columbus, Ohio, is a

Michael E. LaRocco to become State Auto President and CEO

Columbus, Ohio (March 30, 2015) - The boards of directors of State Auto Financial Corporation (NASDAQ:STFC) and State Automobile Mutual Insurance Company (State Auto Mutual) today announced the hiring of Michael E. LaRocco, 58, effective April 27, 2015. His duties as president and chief executive officer will commence on May 8, 2015. Current President, CEO and Chairman Robert P. Restrepo Jr. will work closely with LaRocco during the transition and remain as chairman until his retirement on Dec

Michael E. LaRocco to become State Auto President and CEO

Columbus, Ohio (March 30, 2015) - The boards of directors of State Auto Financial Corporation (NASDAQ:STFC) and State Automobile Mutual Insurance Company (State Auto Mutual) today announced the hiring of Michael E. LaRocco, 58, effective April 27, 2015. His duties as president and chief executive officer will commence on May 8, 2015. Current President, CEO and Chairman Robert P. Restrepo Jr. will work closely with LaRocco during the transition and remain as chairman until his retirement on Dec

State Auto Financial announces first quarter 2015 earnings conference call

COLUMBUS, Ohio - April 16, 2015 - State Auto Financial Corporation (Nasdaq:STFC) will discuss its first quarter 2015 results in a conference call on Thursday, April 30, 2015, at 11 a.m. ET. The company plans to release its results on April 30, 2015, before the open of regular trading on the Nasdaq Stock Market. WHAT: STFC first quarter 2015 earnings conference call  WHEN: Thursday, April 30, 2015, at 11 a.m. ET  HOW: Webcast at http://www.StateAuto.com/STFC   REPLAY: Available via the link

Policy cancellation moratorium in effect for two Illinois counties

A policy cancellation moratorium is in effect for all insureds in the following Illinois counties: DeKalb and Ogle. The moratorium is in effect as of April 9, 2015 until June 9, 2015, unless the date is extended by the Governor.Recent tornadoes and severe storms in DeKalb and Ogle counties have resulted in the designation of the Illinois counties as disaster areas by State Executive Order or by Presidential declaration. The Illinois Department of Insurance is asking all insurance

State Auto’s response to A.M. Best rating revision

A.M. Best has announced their decision to revise the financial strength rating of the State Auto Insurance Companies to A- (Excellent) with a stable outlook from A (Excellent) with a negative outlook. They cited three factors in their decision:Our five-year operating results.Adverse development on business written through Risk Evaluation & Design LLC (RED) that negatively affected our 2014 results.The potential for additional RED adverse development in 2015.I'm disappointed by

State Auto Financial reports first quarter 2015 results

Columbus, Ohio (April 30, 2015) - State Auto Financial Corporation (NASDAQ:STFC) today reported first quarter 2015 net income of $24.7 million, or $0.60 per diluted share, versus net income of $27.1 million, or $0.66 per diluted share, for the first quarter of 2014. Net income from operations1 per diluted share for the first quarter 2015 was $0.54 versus net income from operations1 per diluted share of $0.49 for the same 2014 period. Operating Results STFC's GAAP combined ratio for the first

State Auto Financial to host webcast of 2015 annual shareholders meeting

Columbus, Ohio (May 6, 2015) - State Auto Financial Corporation (Nasdaq:STFC) will host a webcast of its 2015 annual shareholders meeting on Friday, May 8, 2015, beginning at 11 a.m. ET. To participate in the webcast, visit StateAuto.com/STFC. An archived version of the webcast will be available at approximately 2 p.m. ET on Friday, May 8. STFC's 2015 annual shareholders meeting will include Michael E. LaRocco being presented for election to the STFC board of directors. In March, State Auto

State Auto Financial declares 96th consecutive quarterly dividend

Columbus, Ohio (May 8, 2015) - 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 30, 2015, to shareholders of record at the close of business on June 11, 2015. This is the 96th consecutive quarterly cash dividend declared by the company's board since STFC had its initial public offering of common stock in 1991. State Auto Financial Corporation, headquartered in Columbus, Ohio, is a super

.