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State Auto Financial Corporation (STFC)

NasdaqGS - NasdaqGS Delayed Price. Currency in USD
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24.40-0.27 (-1.09%)
At close: 4:00PM EDT
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State Auto Financial Corporation

518 East Broad Street
Columbus, OH 43215
United States
614-464-5000
http://www.StateAuto.com

SectorFinancial
IndustryProperty & Casualty Insurance
Full Time Employees2,020

Key Executives

NameTitlePayExercisedAge
Mr. Michael E. LaRoccoChairman, Chief Exec. Officer and Pres1.29MN/A60
Mr. Steven E. EnglishChief Financial Officer and Sr. VP606.59kN/A56
Mr. Kim B. GarlandSr. VP of Commercial Lines651.47kN/A51
Mr. Paul M. StachuraChief Care Officer and Sr. VP521.29kN/A59
Mr. Scott Alan JonesChief Investment Officer and VPN/AN/A53
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

State Auto Financial Corporation, through its subsidiaries, engages in writing personal, business, and specialty insurance products. It operates through four segments: Personal insurance, Business insurance, Specialty Insurance, and Investment Operations. The Personal Insurance segment primarily provides personal automobile and homeowners insurance products to the personal insurance market. The Business insurance segment offers commercial automobile, commercial multi-peril, fire and allied, general liability, and workers’ compensation insurance covering small-to-medium sized commercial exposures in the business insurance market. The Specialty Insurance segment provides commercial coverages that require specialized product underwriting, claims handling, or risk management services. This segment markets and underwrites specialized property exposures with a focus on catastrophe exposed risks covering property and general liability; markets and underwrites commercial exposures that have unique insurance requirements comprising commercial auto, healthcare, umbrella, property, and general liability coverages; and markets and distributes homogenous risks that require specialized underwriting and claims expertise covering commercial auto, general liability, and property. The Investment Operations segment offers investment management services to affiliated insurance companies. The company markets its products primarily through independent agencies, including retail agencies and wholesale brokers in the United States. State Auto Financial Corporation was founded in 1950 and is headquartered in Columbus, Ohio. State Auto Financial Corporation is a subsidiary of State Automobile Mutual Insurance Company.

Corporate Governance

State Auto Financial Corporation’s ISS Governance QualityScore as of September 1, 2017 is 8. The pillar scores are Audit: 1; Board: 5; Shareholder Rights: 1; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.