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$STFC News

Last published 4y ago

  • 4y agoSTFCLiberty Mutual Insurance Completes Acquisition of State Auto GroupPR NewswireBOSTON, March 1, 2022 /PRNewswire/ -- Liberty Mutual Insurance has completed the acquisition of State Auto Group, a super-regional property and casualty insurance holding company headquartered in Columbus, Ohio that distributes personal and small commerc
  • 4y agoSTFCKim Garland to Lead State Auto After Close of Liberty Mutual Insurance AcquisitionBusiness WireState 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 St
  • 5y agoSTFCState Auto Financial Declares 122nd Consecutive Quarterly DividendBusiness WireToday 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 c
  • 5y agoSTFCState Auto Financial Reports Third Quarter 2021 ResultsBusiness WireQuarterly loss of $0.32 per share Quarterly net loss from operations1 of $0.18 per share Quarterly GAAP combined ratio of 105.3 Quarterly SAP combined ratio of 103.5 Return on equity of 7.5% Book value per share of $21.49 Stat
  • 5y agoSTFCState Auto Financial Announces Results of Voting at Special Meeting of ShareholdersBusiness WireShareholders overwhelmingly approve the proposed merger 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 shareho
  • 5y agoSTFCState Auto Financial Declares 121st Consecutive Quarterly DividendBusiness WireToday 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
  • 5y agoSTFCState Auto Financial Reports Second Quarter 2021 ResultsBusiness WireQuarterly income of $0.01 per share Quarterly net loss from operations1 of $0.47 per share Quarterly GAAP combined ratio of 110.0 Quarterly SAP combined ratio of 108.4 Return on equity of 10.2% Book value per share of $22.18 S
  • 5y agoSTFCState Auto Financial Cancels Second Quarter 2021 Earnings Conference CallBusiness WireState 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 th
  • 5y agoCVAHBMDLGVSTFCMoore Kuehn Encourages HBMD, STFC, CVA and LGV Investors to Contact Law FirmGlobeNewswireNEW YORK, July 21, 2021 (GLOBE NEWSWIRE) -- Moore Kuehn, PLLC, a law firm focusing in securities litigation located on Wall Street in downtown New York City, is investigating potential claims concerning whether the following proposed mergers are fair t
  • 5y agoSTFCState Auto Financial Responds to A.M. Best AnnouncementBusiness WireThe following is State Auto Financial Corporation Chairman, President and CEO Mike LaRocco's response to today's announcement from A.M. Best Company: "On Monday, we announced a definitive agreement to be acquired by Liberty Mutual . A.M. Best's decis
  • 5y agoSTFCAM Best Places Credit Ratings of State Automobile Mutual Insurance Company and Its Operating Subsidiaries Under Review with Positive ImplicationsBusiness WireAM Best has placed under review with positive implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "a-" (Excellent) of State Automobile Mutual Insurance Company (SAM) and its operating s
  • 5y agoSTFCLiberty Mutual Insurance Bolsters Independent Agent Network With Agreement to Acquire State Auto GroupPR NewswireBOSTON and COLUMBUS, Ohio, July 12, 2021 /PRNewswire/ -- Liberty Mutual Holding Company Inc. ("Liberty Mutual"), State Automobile Mutual Insurance Company ("State Auto Mutual"), and State Auto Financial Corporation (NASDAQ:STFC) ("State Auto Finan
  • 5y agoSTFCState Auto Financial Announces Second Quarter 2021 Earnings Conference CallBusiness WireState Auto Financial Corporation (NASDAQ:STFC) will discuss its second quarter 2021 results in a conference call on Thursday, Aug. 5, 2021, at 11 a.m. ET. The company plans to release its results on Aug. 5, 2021, before the open of regular trading on th
  • 5y agoSTFCState Auto Financial Declares 120th Consecutive Quarterly DividendBusiness WireToday the board of directors of State Auto Financial Corporation (NASDAQ:STFC) declared a regular quarterly cash dividend of $0.10 per share, payable June 25, 2021, to shareholders of record at the close of business on June 10, 2021. This is the 120th c
  • 5y agoSTFCState Auto Financial Reports First Quarter 2021 ResultsBusiness WireQuarterly income of $0.08 per share Quarterly net loss from operations1 of $0.61 per share Quarterly GAAP combined ratio of 112.9 Quarterly SAP combined ratio of 112.3 Return on equity of 14.3% Book value per share of $22.07 S
  • 5y agoSTFCState Auto Financial Announces Retirement of CFOBusiness WireState Auto Financial Corporation (NASDAQ:STFC) announced that Steven E. English, senior vice president and chief financial officer, intends to retire after a 21-year career with the company. An executive search firm has been retained to assist in identi
  • 5y agoSTFCState Auto Financial Reports Impact of Storm ActivityBusiness WireCOLUMBUS, 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 mil ...
  • 5y agoSTFCState Auto Financial Announces First Quarter 2021 Earnings Conference CallBusiness WireCOLUMBUS, Ohio--(BUSINESS WIRE)--State Auto Financial Corporation (NASDAQ:STFC) will discuss its first quarter 2021 results in a conference call on Thursday, May 6, 2021, at 11 a.m. ET. The company plans to release its results on May 6, 2021, before the open of regular trading on the Nasdaq Stock Market.
  • 5y agoSTFCState Auto Financial Declares 119th Consecutive Quarterly DividendBusiness WireCOLUMBUS, Ohio--(BUSINESS WIRE)--Today the board of directors of State Auto Financial Corporation (NASDAQ:STFC) declared a regular quarterly cash dividend of $0.10 per share, payable March 26, 2021, to shareholders of record at the close of business on March 17, 2021. This is the 119th consecutive quarterly cash dividend declared by the company's board since STFC had its initial public offering of ...
  • 5y agoSTFCState Auto Mutual Elects New Board MemberBusiness WireCOLUMBUS, Ohio--(BUSINESS WIRE)--Peter Migliorato has been elected to the board of directors of State Automobile Mutual Insurance Company.
  • 5y agoSTFCState Auto Financial Reports Fourth Quarter and Year End 2020 ResultsBusiness WireCOLUMBUS, Ohio--(BUSINESS WIRE)--State Auto Financial Corporation (NASDAQ:STFC) today reported fourth quarter 2020 net income of $81.8 million, or $1.85 per diluted share, compared to net income of $33.2 million, or $0.73 per diluted share, for the same 2019 period. Net income from operations1 per diluted share for the fourth quarter of 2020 was $0.66 versus $0.30 for the same 2019 period.
  • 5y agoSTFCState Auto Financial Announces Fourth Quarter and Year 2020 Earnings Conference CallBusiness WireCOLUMBUS, Ohio--(BUSINESS WIRE)--State Auto Financial Corporation (NASDAQ:STFC) will discuss its fourth quarter and year 2020 results in a conference call on Thursday, Feb. 18, 2021, at 11 a.m. ET. The company plans to release its results on Feb. 18, 2021, before the open of regular trading on the Nasdaq Stock Market.
  • 5y agoSTFCState Auto Releases 2020 Environmental, Social and Governance (ESG) ReportBusiness WireCOLUMBUS, Ohio--(BUSINESS WIRE)--State Automobile Mutual Insurance Company (State Auto), has released its 2020 Environmental, Social and Governance (ESG) Report. The 2020 Report highlights milestones in several of State Auto’s key ESG focus areas including the environment and its people, communities and governance practices.
  • 5y agoSTFCState Auto Financial Declares 118th Consecutive Quarterly DividendBusiness WireCOLUMBUS, Ohio--(BUSINESS WIRE)--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. 29, 2020, to shareholders of record at the close of business on Dec. 16, 2020. This is the 118th consecutive quarterly cash dividend declared by the company's board since STFC had its initial public offering of c ...
  • 6y agoSTFCState Auto Financial Reports Third Quarter 2020 ResultsBusiness WireCOLUMBUS, Ohio--(BUSINESS WIRE)--State Auto Financial Corporation (NASDAQ:STFC) today reported third quarter 2020 net income of $11.6 million, or $0.26 per diluted share, compared to $11.5 million, or $0.25 per diluted share, for the same 2019 period. Net loss from operations1 per diluted share for the third quarter of 2020 was $0.10 versus net income from operations1 per diluted share of $0.34 fo ...
  • 6y agoSTFCState Auto Financial Announces Third Quarter 2020 Earnings Conference CallBusiness WireCOLUMBUS, Ohio--(BUSINESS WIRE)--State Auto Financial Corporation (NASDAQ:STFC) will discuss its third quarter 2020 results in a conference call on Thursday, Nov. 5, 2020, at 11 a.m. ET. The company plans to release its results on Nov. 5, 2020, before the open of regular trading on the Nasdaq Stock Market.
  • 6y agoSTFCState Auto Financial Declares 117th Consecutive Quarterly DividendBusiness WireCOLUMBUS, Ohio--(BUSINESS WIRE)--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. 29, 2020, to shareholders of record at the close of business on Sept. 17, 2020. This is the 117th consecutive quarterly cash dividend declared by the company's board since STFC had its initial public offering of ...
  • 6y agoSTFCState Auto Financial Reports Second Quarter 2020 ResultsBusiness WireCOLUMBUS, Ohio--(BUSINESS WIRE)--State Auto Financial Corporation (NASDAQ:STFC) today reported second quarter 2020 net income of $34.3 million, or $0.74 per diluted share, compared to a net loss of $6.2 million, or $0.14 per diluted share, for the same 2019 period. Net loss from operations1 per diluted share for the second quarter of 2020 was $0.59 versus $0.33 for the same 2019 period.
  • 6y agoSTFCState Auto Financial Reports Impact of Storm ActivityBusiness WireCOLUMBUS, 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 Midwes ...
  • 6y agoSTFCAM Best Affirms Credit Ratings of State Automobile Mutual Insurance Company and Its Operating SubsidiariesBusiness WireOLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” of State Automobile Mutual Insurance Company (State Auto) and its operating subsidiaries. Concurrently, AM Best has affirmed the Long-Term ICR of “bbb-” of State Auto’s intermediate holding company, State Auto Financial Corporati ...
  • 6y agoSTFCState Auto Extends Contract of President and CEO Mike LaRoccoBusiness WireCOLUMBUS, Ohio--(BUSINESS WIRE)--The boards of directors of State Auto Financial Corporation (NASDAQ:STFC) and State Automobile Mutual Insurance Company (State Auto Mutual) today announced the extension of President and CEO Mike LaRocco’s employment agreement for one year, through Dec. 31, 2022. LaRocco’s previous agreement was set to expire on Dec. 31, 2021.
  • 6y agoSTFCState Auto Financial Announces Second Quarter 2020 Earnings Conference CallBusiness WireCOLUMBUS, Ohio--(BUSINESS WIRE)--State Auto Financial Corporation (NASDAQ:STFC) will discuss its second quarter 2020 results in a conference call on Thursday, Aug. 6, 2020, at 11 a.m. ET. The company plans to release its results on Aug. 6, 2020, before the open of regular trading on the Nasdaq Stock Market.
  • 6y agoSTFCState Auto Financial Declares 116th Consecutive Quarterly DividendBusiness WireCOLUMBUS, Ohio--(BUSINESS WIRE)--Today the board of directors of State Auto Financial Corporation (NASDAQ:STFC) declared a regular quarterly cash dividend of $0.10 per share, payable June 26, 2020, to shareholders of record at the close of business on June 12, 2020. This is the 116th consecutive quarterly cash dividend declared by the company's board since STFC had its initial public offering of c ...
  • 6y agoSTFCState Auto Financial Reports First Quarter 2020 ResultsBusiness WireCOLUMBUS, Ohio--(BUSINESS WIRE)--State Auto Financial Corporation (NASDAQ:STFC) today reported a first quarter 2020 net loss of $114.6 million, or $2.62 per diluted share, compared to net income of $49.4 million, or $1.12 per diluted share, for the same 2019 period. Net loss from operations1 per diluted share for the first quarter of 2020 was $0.18 versus net income from operations per diluted sha ...
  • 6y agoSTFCState Auto Financial Announces First Quarter 2020 Earnings Conference CallBusiness WireCOLUMBUS, Ohio--(BUSINESS WIRE)--State Auto Financial Corporation (NASDAQ:STFC) will discuss its first quarter 2020 results in a conference call on Wednesday, May 6, 2020, at 11 a.m. ET. The company plans to release its results on May 6, 2020, before the open of regular trading on the Nasdaq Stock Market.
  • 6y agoSTFCState Auto Financial Declares 115th Consecutive Quarterly DividendBusiness WireCOLUMBUS, Ohio--(BUSINESS WIRE)--The board of directors of State Auto Financial Corporation (NASDAQ:STFC) declared a regular quarterly cash dividend of $0.10 per share, payable March 26, 2020, to shareholders of record at the close of business on March 16, 2020. This is the 115th consecutive quarterly cash dividend declared by the company's board since STFC had its initial public offering of commo ...
  • 6y agoSTFCState Auto Financial Reports Fourth Quarter and Year End 2019 ResultsBusiness WireCOLUMBUS, Ohio--(BUSINESS WIRE)--State Auto Financial Corporation (NASDAQ:STFC) today reported fourth quarter 2019 net income of $32.7 million, or $0.72 per diluted share versus a net loss of $24.5 million, or $0.57 per diluted share, for the same 2018 period. Net income from operations1 per diluted share for the fourth quarter of 2019 was $0.29 versus $0.67 for the same 2018 period.
  • 6y agoSTFCState Auto Financial Announces Fourth Quarter and Year 2019 Earnings Conference CallBusiness WireCOLUMBUS, Ohio--(BUSINESS WIRE)--State Auto Financial Corporation (NASDAQ:STFC) will discuss its fourth quarter and year 2019 results in a conference call on Thursday, Feb. 20, 2020, at 11 a.m. ET. The company plans to release its results on Feb. 20, 2020, before the open of regular trading on the Nasdaq Stock Market.
  • 7y agoSTFCState Auto Financial Declares 114th Consecutive Quarterly DividendBusiness WireCOLUMBUS, Ohio--(BUSINESS WIRE)--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. 27, 2019, to shareholders of record at the close of business on Dec. 17, 2019. This is the 114th consecutive quarterly cash dividend declared by the company's board since STFC had its initial public offering of c ...
  • 7y agoSTFCState Auto Financial Corp. (STFC) CEO Mike LaRocco on Q3 2019 Results - Earnings Call TranscriptEarnings Call Transcripts
  • 7y agoSTFCState Auto Financial Reports Third Quarter 2019 ResultsBusiness WireCOLUMBUS, Ohio--(BUSINESS WIRE)--State Auto Financial Corporation (NASDAQ:STFC) today reported third quarter 2019 net income of $11.5 million, or $0.25 per diluted share, compared to net income of $33.4 million, or $0.76 per diluted share, for the same 2018 period. Net income from operations1 per diluted share for the third quarter of 2019 was $0.34 versus $0.44 for the same 2018 period.
  • 7y agoSTFCState Auto Financial Announces Third Quarter 2019 Earnings Conference CallBusiness WireCOLUMBUS, Ohio--(BUSINESS WIRE)--State Auto Financial Corporation (NASDAQ:STFC) will discuss its third quarter 2019 results in a conference call on Thursday, Oct. 31, 2019, at 11 a.m. ET. The company plans to release its results on Oct. 31, 2019, before the open of regular trading on the Nasdaq Stock Market.
  • 7y agoSTFCState Auto Financial Declares 113th Consecutive Quarterly DividendBusiness WireCOLUMBUS, Ohio--(BUSINESS WIRE)--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, 2019, to shareholders of record at the close of business on Sept. 17, 2019. This is the 113th consecutive quarterly cash dividend declared by the company's board since STFC had its initial public offering of ...
  • 7y agoSTFCState Auto Financial Reports Second Quarter 2019 ResultsBusiness WireCOLUMBUS, Ohio--(BUSINESS WIRE)--State Auto Financial Corporation (NASDAQ:STFC) today reported a second quarter 2019 net loss of $6.2 million, or $0.14 per diluted share, compared to net income of $6.0 million, or $0.14 per diluted share, for the same 2018 period. Net loss from operations1 per diluted share for the second quarter of 2019 was $0.33 versus $0.08 for the same 2018 period.
  • 7y agoSTFCState Auto Financial Announces Second Quarter 2019 Earnings Conference CallBusiness WireCOLUMBUS, Ohio--(BUSINESS WIRE)--State Auto Financial Corporation (NASDAQ:STFC) will discuss its second quarter 2019 results in a conference call on Thursday, Aug. 1, 2019, at 11 a.m. ET. The company plans to release its results on Aug. 1, 2019, before the open of regular trading on the Nasdaq Stock Market.
  • 7y agoSTFCAM Best Affirms Credit Ratings of State Automobile Mutual Insurance Company and Its Operating SubsidiariesBusiness WireOLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” of State Automobile Mutual Insurance Company (State Auto) and its operating subsidiaries. Concurrently, AM Best has affirmed the Long-Term ICR of “bbb-” of State Auto’s intermediate holding company, State Auto Financial Corporati ...
  • 7y agoSTFCState Auto Financial Corporation (STFC) CEO Michael LaRocco on Q1 2019 Results - Earnings Call TranscriptEarnings Call Transcripts
  • 7y agoSTFCState Auto Financial Corp (STFC) CEO Michael LaRocco on Q4 2018 Results - Earnings Call TranscriptEarnings Call Transcripts
  • 8y agoSTFCState Auto Financial Corporation (STFC) CEO Mike LaRocco on Q2 2018 Results - Earnings Call TranscriptEarnings Call Transcripts
  • 8y agoSTFCState Auto Financial's (STFC) CEO Mike LaRocco on Q1 2018 Results - Earnings Call TranscriptEarnings Call Transcripts