| Business Summary | | State
Auto
Financial
Corporation
provides
personal
and
commercial
insurance
for
the
standard
insurance
market
primarily
in
the
Midwest
and
Eastern
United
States
through
its
principal
insurance
subsidiaries,
State
Auto
Property
and
Casualty
Insurance
Company
(State
Auto
P&C),
Milbank
Insurance
Company
(Milbank),
Farmers
Casualty
Insurance
Company
(Farmers
Casualty)
and
State
Auto
Insurance
Company
(SAIC).
State
Auto
P&C,
Milbank
and
Farmers
Casualty
are
regional
standard
insurers
engaged
primarily
in
writing
personal
and
commercial
automobile,
homeowners,
commercial
multi-peril,
workers'
compensation
and
fire
insurance.
SAIC
provides
standard
personal
insurance
to
its
policyholders
through
the
use
of
technology
within
the
independent
agency
system.
The
Company
also
owns
State
Auto
National
Insurance
Company
and
Mid-Plains
Insurance
Company,
which
write
personal
automobile
insurance
for
risks
in
the
non-standard
insurance
market. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | State
Auto
Financial
Corp.
is
an
insurance
holding
company
engages
in
personal
and
commercial
auto,
homeowners,
commercial
multi-peril,
workers'
compensation,
and
fire
insurance.
STFC
also
provides
investment
management
services.
For
the
six
months
ended
6/30/01,
total
revenues
rose
5%
to
$241
million.
Net
income
fell
8%
to
$24
million.
Results
reflect
the
growth
in
commercial
lines
of
business,
offset
by
decreased
net
realized
gains
on
investment. | More
from
Market Guide: Significant
Developments |
| | | | FY1999
Compensation | | Pay | Exer | |
| Robert Moone, 56 Chairman,
Pres, CEO | $347K | $75K | Steven Johnston, 40 Sr.
VP, Treasurer and CFO | 184K | 10K | Michael Dodd, 62 Sr.
VP | 185K | -- | John Lowther, 49 VP,
Sec. and Gen. Counsel | -- | -- | Mark Blackburn, 48 VP | -- | -- | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|