STATE AUTO FINANCIAL overview

State Auto Financial Corporation (NASDAQ:STFC) (“State Auto”) today announced the intention of Liberty Mutual Insurance (“Liberty Mutual”) to appoint Kim Garland, currently senior vice president of personal & commercial lines and managing director of State Auto Labs, as president of State Auto following the completion of Liberty Mutual’s pending acquisition. The deal is expected to close in 2022, pending receipt of required regulatory approvals and other customary closing conditions....

Today the board of directors of State Auto Financial Corporation (NASDAQ:STFC) declared a regular quarterly cash dividend of $0.10 per share, payable Dec. 28, 2021, to shareholders of record at the close of business on Dec. 15, 2021. This is the 122nd consecutive quarterly cash dividend declared by the company's board since STFC had its initial public offering of common stock in 1991. About State Auto Financial Corporation State Auto Financial Corporation, headquartered in Columbus, Ohio, is a...

State Auto Financial Corporation (NASDAQ:STFC) today reported a third quarter 2021 net loss of $14.3 million, or $0.32 per diluted share, compared to net income of $11.6 million, or $0.26 per diluted share, for the same 2020 period. Net loss from operations 1 per diluted share for the third quarter of 2021 was $0.18 versus $0.10 for the same 2020 period. STFC’s GAAP combined ratio for the third quarter 2021 was 105.3 compared to 106.0 for the same 2020 period. For the first nine months of...

State Auto Financial Corporation (NASDAQ:STFC) today announced the results of shareholder voting on its proposed merger agreement with Liberty Mutual Holding Company Inc. (LMHC). STFC shareholders voted overwhelmingly to adopt the proposed merger agreement with 99.5% of shares voted (including abstentions) in favor of the proposal to adopt the merger agreement. The deal is expected to close in 2022, pending State Automobile Mutual Insurance Company member approval, receipt of required regulatory...

Today the board of directors of State Auto Financial Corporation (NASDAQ:STFC) declared a regular quarterly cash dividend of $0.10 per share, payable Sept. 27, 2021, to shareholders of record at the close of business on Sept. 15, 2021. This is the 121st consecutive quarterly cash dividend declared by the company's board since STFC had its initial public offering of common stock in 1991. About State Auto Financial Corporation State Auto Financial Corporation, headquartered in Columbus, Ohio, is a...

State Auto Financial Corporation (NASDAQ:STFC) today reported second quarter 2021 net income of $0.6 million, or $0.01 per diluted share, compared to $34.3 million, or $0.74 per diluted share, for the same 2020 period. Net loss from operations 1 per diluted share for the second quarter of 2021 was $0.47 versus $0.59 for the same 2020 period. STFC’s GAAP combined ratio for the second quarter 2021 was 110.0 compared to 114.7 for the same 2020 period. For the first six months of 2021, STFC had...

State Auto Financial Corporation (NASDAQ:STFC) today announced the cancellation of its second quarter 2021 earnings conference call scheduled for Thursday, Aug. 5, 2021, at 11 a.m. ET. The call is being canceled due to the July 12, 2021, announcement that Liberty Mutual Holding Company Inc., State Automobile Mutual Insurance Company and STFC signed a definitive agreement pursuant to which Liberty Mutual would acquire the State Auto Group. STFC plans to release its second quarter 2021 results on...

SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of State Auto Financial Corp. - STFC PR Newswire NEW YORK,, July 16, 2021 NEW YORK ,, July 16, 2021 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm rated Top 50 in the 2018-2020 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City , is investigating State Auto Financial Corp. ("STFC" or the...