NU Online News Service, May 4, 10:14 a.m. EDT

Super regional insurer 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.

Net income for the Columbus, Ohio-based insurer was a net loss of $2 million or loss per share of 5 cents. This compares to net income of close to $12.8 million, or 32 cents a share, last year.

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