State Auto Financial News
Graphic Insight: Stronger Results for Regionals in 2015
Although operating earnings for a group of 31 property/casualty commercial insurers analyzed by Fitch Ratings decreased more than 7 percent in 2015, some of the smallest—a group of five regional ...
Executives On The Move at XL Catlin, State Auto and Endurance
XL Catlin's new hires and promotions enable continued U.S. growth in its global excess casualty business; State Auto named a new general counsel; Endurance Specialty Holdings hired a new reinsurance ...
State Auto’s New CEO Makes Changes and Brings in New Blood
State Auto Financial Corp. is experiencing some of the first major executive and organizational changes since former Fireman's Fund CEO Michael LaRocco formally took over in May. A key element of ...
State Auto Shareholders Officially Elect LaRocco as CEO
The shareholders of State Auto Financial Corporation elected Michael E. LaRocco as a director of the company at its 2015 annual shareholders meeting on Friday, also officially naming him as the next ...
Ex-Fireman’s Fund CEO LaRocco Named State Auto’s New Leader
An ex-Fireman's Fund CEO will become the new leader of State Auto Financial Corp., replacing the company's long-time leader as he readies for retirement. Michael LaRocco assumes the president and CEO ...
State Auto Risks Moody’s Ratings Downgrade
State Auto Financial Corp. might end up getting a ratings downgrade from Moody's Investors Service in the wake of news that it strengthened reserves by $72 million pre-tax in the 2014 fourth quarter. ...
State Auto Discloses Strengthened Prior Year Loss Expense Reserves
State Auto Financial Corp., a super regional property/casualty insurance holding company, has disclosed two big financial developments: strengthened prior year loss expense reserves and an adverse ...