BNET Industries
Market Cap:$683.6M
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
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State Auto Financial STFC Declares $0.15 Quarterly Dividend; 3.7% Yield
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State Auto Financial reports profit for Q3
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Win Logan
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State Auto hires new claims chief
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State Auto Financial Reports Second Quarter 2009 Results
News & Analysis
Filter by
earnings and state auto financial corp. - All News and Analysis
State Auto Financial Corp. Q3 2009 Earnings Call Transcript
Seeking Alpha
- 2009-10-22
Question-and-Answer SessionOperator Our first question comes from Joe DeMarino with Piper Jaffray. Joe DeMarino - Piper Jaffray Thank you. Good afternoon or good morning. My first question, correct me if I’m wrong, but I’m looking at your balance sheet and your net loss reserves, and it looks like...
State Auto Financial Corporation Q2 2009 Earnings Call Transcript
Seeking Alpha
- 2009-07-28
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Joseph DeMarino with Piper Jaffray. Joseph DeMarino - Piper Jaffray My first question is on the deterioration in the Workman’s Comp loss ratio. Would you say that is driven by higher severity and if so is that...
State Auto Financial Corp. Q1 2009 Earnings Call Transcript
Seeking Alpha
- 2009-04-28
Question-and-Answer Session Operator Operator Instructions Your first call comes from Joseph DeMarino – Piper Jaffray. Joseph DeMarino – Piper Jaffray My first question, on the reinsurance, did you say you had $50 million in losses towards your aggregate? Steve English Correct. That's on a group basis....
State Auto Financial Q3 2008 Earnings Call Transcript
Seeking Alpha
- 2008-11-03
Question-and-Answer SessionOperator Operator Instructions Our first question comes from Michael Phillips - Stifel Nicolaus. Michael Phillips - Stifel Nicolaus Bob, a couple things. You mentioned the homeowners doing well ex cat. You mentioned auto was somehow affected by weather and cat. Any way you can help us...
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Glass Door
State Auto Financial
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