BNET Industries
Market Cap:$701.9M
Last Fiscal Year Sales:$1.1B
- Public
- US
Dow Jones Description
State Auto Financial is an Ohio domiciled super-regional property and casualty insurance holding company incorporated in 1990. We are primarily engaged in writing both personal and business lines of insurance. State Auto Financial owns 100% of State Auto P&C, Milbank, Farmers, SA Ohio, and SA National, each of which is a property and casualty insurance company. Our operations are headquartered in Columbus, Ohio. State Auto Financial owns 100% of Stateco, which provides investment management services to affiliated insurance companies. State Auto Financial also owns 100% of S.I.S., a developer and seller of insurance-related software. State Auto P&C and Stateco share ownership of 518 PML, which owns and leases property to affiliated companies. The results of the operations of S.I.S. and 518 PML are not material to our total operations. Our parent company is State Auto Mutual, an Ohio domiciled super-regional mutual property and casualty insurance company organized in 1921. It owns approximately 64% of State Auto Financials outstanding common shares. It also owns 100% of SA Florida and SA Wisconsin, each of which is a property and casualty insurance company. It also owns 100% of MIGI, an insurance holding company. MIGI owns 100% of Meridian Security, a property and casualty insurance company. MIGI is also a party to an affiliation agreement with Meridian Citizens Mutual, a mutual property and casualty insurance company. ...
Number of Employees 2,165
Peer Companies
NAICS Code Direct Property and Casualty Insurance Carriers: 524126
Recent Events
-
State Auto Financial STFC Declares $0.15 Quarterly Dividend; 3.7% Yield
-
State Auto Financial reports profit for Q3
-
Win Logan
-
State Auto hires new claims chief
-
State Auto Financial Reports Second Quarter 2009 Results
News & Analysis
Filter by
business wire and state auto financial corp. - All News and Analysis
State Auto Financial Corporation Announces Estimated Losses From Hurricane Floyd
- 1999-10-05
COLUMBUS, Ohio--BUSINESS WIRE--Oct. 5, 1999-- State Auto Financial Corporation (Nasdaq:STFC) announced today that claims due to Hurricane Floyd were expected to result in third quarter catastrophe losses of approximately $3 to $4 million before tax, reducing basic earnings for the quarter by $0.05 to $0.07 per share. "Absent...
State Auto Financial Corporation Announces Stock Repurchase Plan
- 1999-05-07
COLUMBUS, Ohio--BUSINESS WIRE--May 7, 1999-- The Board of Directors of State Auto Financial Corporation (Nasdaq:STFC) today approved a plan to repurchase up to four million shares of its common stock until December 31, 2000. Currently, State Automobile Mutual Insurance Company owns approximately 70% of the total STFC shares...
State Auto Financial Corporation Announces Regular Cash Dividend
- 1999-03-05
COLUMBUS, Ohio--BUSINESS WIRE--March 5, 1999--The Board of Directors of State Auto Financial Corporation (Nasdaq:STFC) today declared a quarterly cash dividend of $0.025 per share, payable March 31, 1999, to shareholders of record at the close of business on March 17, 1999. This is the 31st consecutive cash dividend...
State Auto Financial Corp. reports catastrophe losses from Hurricane Fran
- 1996-09-20
COLUMBUS, Ohio--BUSINESS WIRE--Sept. 20, 1996--State Auto Financial Corp. (NASDAQ:STFC) announced today that losses caused by Hurricane Fran, principally in North Carolina, will impact third quarter results."Since we have reduced our underwriting exposure in coastal areas, we were hit hardest in the Raleigh area by Hurricane Fran," said Robert L. Bailey,...
State Auto Financial Corp. incurs catastrophe losses from spring storms
- 1996-06-20
COLUMBUS, Ohio--BUSINESS WIRE--June 20, 1996--State Auto Financial Corp. (NASDAQ:STFC) announced today that losses caused by severe storms that struck Kentucky, as well as several other states of operation, in April and May are estimated to be $7.7 million pre-tax."Tornadoes and hailstorms pummeled the Louisville, Ky. area during May," said Robert...
- 1
Industry Transcripts by Seeking Alpha
-
H&R Block, Inc. F2Q10 (Qtr End 10/31/09) Earnings Call and Investment Community Conference Transcript
on Dec 08, 2009about HRB
-
Navios Maritime Holdings Inc. Q3 2009 Earnings Call Transcript
on Nov 18, 2009about NM
-
Progressive Corp. Q3 2009 Earnings Call Transcript
on Nov 11, 2009about PGR
-
Nelnet Inc. Q3 2009 Earnings Call Transcript
on Nov 10, 2009about NNI
-
American Apparel Q3 2009 Earnings Call Transcript
on Nov 10, 2009about APP
Glass Door
State Auto Financial
IndustryTop Rated
- As Income Mobility Falls, American Dream Fades 7 votes
- Creative Destruction and the new Money Trust 6 votes
- Civil Rights Group Teams With Wells Fargo Despite Charges of Predatory Lending 4 votes
- Geithner Deal With Wall Street Over AIG Swaps Cost Taxpayers $13 Billion 4 votes
- Private Equity Firms About To Gear Up The Small Banking Sector 3 votes
Presented by the Premiere Rewards Gold Card from American Express