AM Best has downgraded the Financial Strength Rating (FSR) to A+ (Superior) from A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “aa” (Superior) from “aa+” (Superior) of ...

) announced today that Matthew R. Pollak has been named vice president, treasurer and chief accounting officer. Pollak also serves in these same positions with State Automobile Mutual Insurance ...

The auto insurance industry is continuing to consolidate: According to the National Association of Insurance Commissioners, the five largest insurers accounted for nearly two-thirds (63.59%) of the ...

State Automobile Mutual Insurance filed a declaratory judgment action against Alfonso's Pizza and James Hastings on Nov. 12 in Alabama Northern District Court over an insurance coverage dispute. The ...

As the Great Depression wrought havoc on the global economy in 1931, one local company had an idea to brighten the spirits of central Ohioans. State Automobile Mutual Insurance Company was established ...

COLUMBUS, 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 ...

State Auto Financial Corporation (NASDAQ:STFC) announced that it has agreed to sell its non-standard automobile insurance subsidiary, State Auto National, to Hallmark Insurance Company of Fort Worth, ...

State Farm holds 18.9% market share in auto insurance and 18% in homeowners insurance. State Farm offers investment products through agents but is not a publicly traded company. Progressive, Chubb, ...

AM Best Downgrades Credit Ratings of State Farm Mutual Automobile Insurance Company and Affiliates, Takes Various Credit Rating Actions on Subsidiaries AM Best has downgraded the Financial Strength ...