State Auto hit with $66mn in winter storm losses
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

State Auto hit with $66mn in winter storm losses

James Thaler
April 09, 2021
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
state-auto-logo-columbus-ohio-with-mike-larocco.jpg

Ohio-based carrier State Auto has said it expects to report between $80mn and $82mn in catastrophe losses in its first-quarter results, including $66mn from winter storms Uri and Viola.

Most of the winter-storm claims come from Texas, which continues to grapple with what is expected to be among the largest insured losses in state history.

The

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Log in now

Topics

NewsClaims and losses
JT
James Thaler
Gift this article