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State Auto Financial Responds to A.M. Best Announcement


Press release content from Business Wire. The AP news staff was not involved in its creation.
State Auto Financial Responds to A.M. Best Announcement
July 14, 2021 GMT
COLUMBUS, Ohio (BUSINESS WIRE) Jul 14, 2021
The following is State Auto Financial Corporation Chairman, President and CEO Mike LaRocco’s response to today’s announcement from A.M. Best Company:
“On Monday, we announced a definitive agreement to be acquired by Liberty Mutual . A.M. Best’s decision affirms our belief that our partnership with Liberty Mutual will contribute to the collective success of our associates, policyholders, shareholders and agents. Together, there’s a great opportunity to profitably grow and deliver even greater scale by expanding our geographic footprint, operations, product expertise and digital capabilities. ....

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