State Automobile Mutual Insurance, informally known as State Auto Group, hosts a non-stop pool party. Through a constellation of subsidiaries, the company provides both personal and commercial property/casualty insurance in the US. It owns 61.9% of publicly traded
State Auto Group's
The group's other subsidiaries include SA Wisconsin, Meridian Security, and Patrons Mutual, each of which provides property/casualty coverage.
State Auto Group's operating subsidiaries provide insurance coverage in all US states and the District of Columbia.
Sales and Marketing
State Auto Group sells its products through a network of independent retail agents; specialty insurance is distributed through wholesale brokers and managing general underwriters.
After struggling with underwriting losses in 2014, State Auto Group has made moves to improve its bottom line. It adjusted its personal lines product pricing and introduced discounts for customers investing in smart home technologies. The group also exited certain businesses such as commercial transportation and its specialty program unit, and in 2017 announced plans to shut down its excess and surplus operations. Other efforts have included adding additional agencies and upgrading its technology platforms. With these changes, the group has seen new business grow and it has reduced its net losses substantially (although Hurricanes Harvey and Irma didn't help.)
State Auto Mutual Insurance Company was founded in 1921 and has grown from a small regional player to a super-regional presence through a steady stream of acquisitions.
518 E Broad St
Columbus, OH 43215
Phone: (833) 724-3577
Employer Type: Privately Owned
President and CEO: Michael E. LaRocco
Chairman: Robert P. Restrepo
SVP and Director of Operations: Lyle D. Rhodebeck
Employees (This Location): 1,500
Employees (All Locations): 2,488
Simi Valley, CA
Prior Lake, MN