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State Auto Financial Reports Impact of Storm Activity

COLUMBUS, Ohio--(BUSINESS WIRE)--State Auto Financial Corporation (Nasdaq:STFC) today announced its preliminary estimate of the impact of catastrophe losses on its second quarter 2020 results. The company estimates the second quarter results will include approximately $90 million, or 26.5 points, of net catastrophe losses, primarily driven by wind and hail events that impacted the South and Midwest. Approximately 60% of the catastrophe losses for the quarter were in the homeowners line of business.