State Auto Financial Discloses Catastrophe Losses
Stock quotes in this article:
STFC
COLUMBUS, Ohio (AP) State Auto Financial Corp., a property and casualty insurance holding company, said Thursday that first-quarter 2009 earnings will include between $38 million and $42 million in pretax catastrophe losses related to January and February storms.
The company said ice and wind storms that hit its Midwest operating states have contributed significantly larger-than-normal losses to its first-quarter results. Over the past five years, it has experienced an average of $12.4 million in pretax catastrophe losses during the first quarter. It reported $35 million in such losses in the first quarter of 2008.- Loading Comments...
- Loading Comments...
Recent Comments
Featured Photo Galleries
Connect with TheStreet
 |
 |
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
Oil *
77.12
|
|
DOWN
154.48
|
DOWN
19.14
|
DOWN
37.61
|
DOWN
0.48
|
10 Yr
3.23%
SPDR Gold
115.06
|
|
-1.48%
|
-1.72%
|
-1.73%
|
-1.46%
|
Data delayed 20 minutes |
