{"id":513055,"date":"2021-07-14T12:33:07","date_gmt":"2021-07-14T16:33:07","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/state-auto-financial-responds-to-a-m-best-announcement\/"},"modified":"2021-07-14T12:33:07","modified_gmt":"2021-07-14T16:33:07","slug":"state-auto-financial-responds-to-a-m-best-announcement","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/state-auto-financial-responds-to-a-m-best-announcement\/","title":{"rendered":"State Auto Financial Responds to A.M. Best Announcement"},"content":{"rendered":"<p>        <!--.bwmarginl1 { margin-left: 30px }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>State Auto Financial Responds to A.M. Best Announcement<\/b><\/p>\n<p>COLUMBUS, Ohio&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nThe following is State Auto Financial Corporation Chairman, President and CEO Mike LaRocco\u2019s response to today\u2019s announcement from A.M. Best Company:\n<\/p>\n<p class=\"bwmarginl1\"><i>\u201cOn Monday, we announced a definitive agreement to be acquired by Liberty Mutual . A.M. Best\u2019s decision affirms our belief that our partnership with Liberty Mutual will contribute to the collective success of our associates, policyholders, shareholders and agents. Together, there\u2019s a great opportunity to profitably grow and deliver even greater scale by expanding our geographic footprint, operations, product expertise and digital capabilities.<\/i><\/p>\n<p><b>About State Auto Financial Corporation<\/b><\/p>\n<p>\nState Auto Financial Corporation, headquartered in Columbus, Ohio, is a super regional property and casualty insurance holding company. STFC stock is traded on the NASDAQ Global Select Market, which represents the top fourth of all NASDAQ listed companies.\n<\/p>\n<p>\nThe insurance subsidiaries of State Auto Financial Corporation are part of the State Auto Group. The State Auto Group markets its insurance products throughout the United States, through independent insurance agencies, which include retail agencies and wholesale brokers. The State Auto Group is rated A- (Excellent) by the A.M. Best Company and includes State Automobile Mutual, State Auto Property &amp; Casualty, State Auto Ohio, State Auto Wisconsin, Milbank, Meridian Security, Patrons Mutual, Rockhill Insurance, Plaza Insurance, American Compensation and Bloomington Compensation. Additional information on State Auto Financial Corporation and the State Auto Insurance Companies can be found online at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.StateAuto.com%2FSTFC&amp;esheet=52460146&amp;newsitemid=20210714005758&amp;lan=en-US&amp;anchor=http%3A%2F%2Fwww.StateAuto.com%2FSTFC&amp;index=1&amp;md5=8a0d9d67339a3b95f462885338a4e068\">http:\/\/www.StateAuto.com\/STFC<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210714005758r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210714005758\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210714005758\/en\/<\/a><\/span><\/p>\n<p>\nInvestor contact: Natalie Schoolcraft, <a rel=\"nofollow\" href=\"mailto:Natalie.Schoolcraft@StateAuto.com\">Natalie.Schoolcraft@StateAuto.com<\/a> 614-917-4341<br \/>\n<br \/>Media contact: Kyle Anderson, <a rel=\"nofollow\" href=\"mailto:Kyle.Anderson@StateAuto.com\">Kyle.Anderson@StateAuto.com<\/a>, 614-917-5497\n<\/p>\n<p><b>KEYWORDS:<\/b> United States North America Ohio<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Professional Services Insurance Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210714005758\/en\/1091365\/3\/STFC_Logos-SA_Blue.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>State Auto Financial Responds to A.M. Best Announcement COLUMBUS, Ohio&#8211;(BUSINESS WIRE)&#8211; The following is State Auto Financial Corporation Chairman, President and CEO Mike LaRocco\u2019s response to today\u2019s announcement from A.M. Best Company: \u201cOn Monday, we announced a definitive agreement to be acquired by Liberty Mutual . A.M. Best\u2019s decision affirms our belief that our partnership with Liberty Mutual will contribute to the collective success of our associates, policyholders, shareholders and agents. Together, there\u2019s a great opportunity to profitably grow and deliver even greater scale by expanding our geographic footprint, operations, product expertise and digital capabilities. About State Auto Financial Corporation State Auto Financial Corporation, headquartered in Columbus, Ohio, is a super regional property and casualty insurance holding company. STFC stock &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/state-auto-financial-responds-to-a-m-best-announcement\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;State Auto Financial Responds to A.M. Best Announcement&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-513055","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>State Auto Financial Responds to A.M. Best Announcement - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/state-auto-financial-responds-to-a-m-best-announcement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"State Auto Financial Responds to A.M. Best Announcement - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"State Auto Financial Responds to A.M. Best Announcement COLUMBUS, Ohio&#8211;(BUSINESS WIRE)&#8211; The following is State Auto Financial Corporation Chairman, President and CEO Mike LaRocco\u2019s response to today\u2019s announcement from A.M. Best Company: \u201cOn Monday, we announced a definitive agreement to be acquired by Liberty Mutual . A.M. Best\u2019s decision affirms our belief that our partnership with Liberty Mutual will contribute to the collective success of our associates, policyholders, shareholders and agents. Together, there\u2019s a great opportunity to profitably grow and deliver even greater scale by expanding our geographic footprint, operations, product expertise and digital capabilities. About State Auto Financial Corporation State Auto Financial Corporation, headquartered in Columbus, Ohio, is a super regional property and casualty insurance holding company. STFC stock &hellip; Continue reading &quot;State Auto Financial Responds to A.M. 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