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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 first quarter 2021 results. The company estimates the first quarter results will include net catastrophe losses including reinsurance reinstatement premiums between approximately $80 million to $82 million. The estimate includes $66 million of net catastrophe losses from winter storms Uri and Viola, a significant portion of which related to the State of Texas.