State Auto Financial Responds to A.M. Best Announcement
14 Juillet 2021 - 6:30PM
Business Wire
The following is State Auto Financial Corporation Chairman,
President and CEO Mike LaRocco’s response to today’s announcement
from A.M. Best Company:
“On Monday, we announced a definitive
agreement to be acquired by Liberty Mutual . A.M. Best’s decision
affirms our belief that our partnership with Liberty Mutual will
contribute to the collective success of our associates,
policyholders, shareholders and agents. Together, there’s a great
opportunity to profitably grow and deliver even greater scale by
expanding our geographic footprint, operations, product expertise
and digital capabilities.
About State Auto Financial Corporation
State Auto Financial Corporation, headquartered in Columbus,
Ohio, is a super regional property and casualty insurance holding
company. STFC stock is traded on the NASDAQ Global Select Market,
which represents the top fourth of all NASDAQ listed companies.
The insurance subsidiaries of State Auto Financial Corporation
are part of the State Auto Group. The State Auto Group markets its
insurance products throughout the United States, through
independent insurance agencies, which include retail agencies and
wholesale brokers. The State Auto Group is rated A- (Excellent) by
the A.M. Best Company and includes State Automobile Mutual, State
Auto Property & Casualty, State Auto Ohio, State Auto
Wisconsin, Milbank, Meridian Security, Patrons Mutual, Rockhill
Insurance, Plaza Insurance, American Compensation and Bloomington
Compensation. Additional information on State Auto Financial
Corporation and the State Auto Insurance Companies can be found
online at http://www.StateAuto.com/STFC.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210714005758/en/
Investor contact: Natalie Schoolcraft,
Natalie.Schoolcraft@StateAuto.com 614-917-4341 Media contact: Kyle
Anderson, Kyle.Anderson@StateAuto.com, 614-917-5497
State Auto Financial (NASDAQ:STFC)
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