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By Chad Hemenway, PropertyCasualty360.com |
May 4, 2012
State Auto Financial Corp. reports a $2 million net loss for the first quarter, but it could have been worse.
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By Mark E. Ruquet, PropertyCasualty360.com |
May 4, 2012
State Auto Financial Corp. reports a net loss of $2 million for the first quarter of this year as the combination of underwriting loss and increased expense weighed on results.
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By Chad Hemenway, PropertyCasualty360.com |
February 16, 2012
State Auto Financial Corp. ended 2011 in the red, as the Columbus, Ohio-based insurer endured record catastrophe losses of $231.1 million for the year.
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By Chad Hemenway, PropertyCasualty360.com |
November 17, 2011
State Auto Financial Corp.’s CEO says the insurer will seek 20 percent price increases in 2012 in order to keep up with historic loss trends and the company is turning to the reinsurance market for a quota-share treaty.
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By Chad Hemenway, PropertyCasualty360.com |
November 9, 2011
State Auto Financial Corp.’s chief executive says the insurer will seek 20 percent price increases in 2012 in order to keep up with historic loss trends and the company is turning to the reinsurance market for a quota share treaty.
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By Chad Hemenway, PropertyCasualty360.com, Mark E. Ruquet, PropertyCasualty360.com |
August 4, 2011
Catastrophes continue to drive down second-quarter results for insurers as both domestic carriers and Bermuda companies report net-income declines and even losses, headlined by Allstate’s $620 million second-quarter loss.
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By Chad Hemenway, PropertyCasualty360.com |
August 2, 2011
State Auto Financial Corp. says it suffered an “unprecedented and unexpected” second quarter loss of $201.4 million
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By Chad Hemenway, PropertyCasualty360.com |
July 13, 2011
Allstate Corp. says it expects $300 million in catastrophe losses from 13 events during the month of June.
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By Staff Writer |
June 15, 2011
State Auto Financial Corp. says it expects between $45 million and $50 million in pretax catastrophe losses from U.S. storms in May.
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By Staff Writer |
June 7, 2011
A.M. Best Co. downgraded Columbus, Ohio-based State Auto Insurance Cos.’ financial-strength rating to A from A-plus due to the impact of property catastrophe losses on the insurer.
