State Auto Financial (STFC)

Other Events

On March 12, 2009, we issued a press release announcing preliminary estimates of the 2009 catastrophe storm activity that hit our Midwest operating states. This press release disclosed our expectation that first quarter 2009 earnings will include between $38.0 and $42.0 million in pre-tax catastrophe losses related to late January and early February storm activity. Over the past five years, we have experienced an average of $12.4 million in catastrophe losses during the first quarter. While the 2009 January and February catastrophe storm losses will be significant to our first quarter 2009 results, we do not expect these losses to have a significant impact on our overall financial position.

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Other Events

SIZE="2">On March 12, 2009, we issued a press release announcing preliminary estimates of the 2009 catastrophe storm activity that hit our Midwest operating states. This press release disclosed our expectation that first quarter 2009 earnings
will include between $38.0 and $42.0 million in pre-tax catastrophe losses related to late January and early February storm activity. Over the past five years, we have experienced an average of $12.4 million in catastrophe losses during the first
quarter. While the 2009 January and February catastrophe storm losses will be significant to our first quarter 2009 results, we do not expect these losses to have a significant impact on our overall financial position.

Section 8. Other Events

Attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference is a press release issued by State Auto Financial Corporation on October 6, 2008.

Section 8. Other Events

Attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference is a press release issued by State Auto Financial Corporation on July 8, 2008.

Other Events

On February 14, 2008, we issued a press release announcing preliminary estimates of 2008 catastrophe storm activity through February 8, 2008. This press release disclosed our expectation that first quarter 2008 earnings will include between $32.0 and $36.0 million in pre-tax catastrophe losses related to unusual January and early February storm activity. Severe wind and tornado activity which impacted the Midwest during the first five weeks of this year are expected to contribute significantly more losses to our first quarter 2008 results than are normal. Over the past five years, we have experienced an average of $6.7 million in catastrophe losses during the first quarter. We reported $8.1 million in catastrophe losses for the first quarter of 2007. While the 2008 January and February catastrophe storm losses will be significant to our first quarter results, we do not expect these losses to have a significant impact on our overall financial position.

Section 8. Other Events

On November 9, 2007, State Auto Financial Corporation (“State Auto Financial”) and State Automobile Mutual Insurance Company (“State Auto Mutual”) announced proposed changes to the State Auto Reinsurance Pooling Agreement. The changes include incorporating the operating results of the Beacon Insurance Group, acquired by State Automobile Mutual in March 2007, and State Automobile Mutual’s middle market business into the pooling agreement. In addition, if the previously announced affiliation agreement between State Automobile Mutual and the Patrons Group receives all necessary regulatory and policyholder approvals by December 15, the operating results of Patrons Mutual Insurance Company of Connecticut and Litchfield Mutual Fire Insurance Company would also be included in the pooling agreement. All of the proposed changes are subject to regulatory approval by various Departments of Insurance and would be effective as of January 1, 2008.

Commencing with the effective date of these changes, the participating percentages of certain pooled companies will be adjusted, but State Auto Financial’s insurance subsidiaries’ overall share of the pool will remain at 80%. The Beacon Group, State Automobile Mutual’s middle market insurance and the Patrons/Litchfield businesses produced approximately $100 million of direct premiums written during the first nine months of 2008, comprised of approximately 48% personal lines and 52% business lines. The announced changes are not expected to materially impact the 2008 earnings of State Auto Financial.

Attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference is a press release issued by State Auto Financial on November 9, 2007, announcing the proposed changes to the State Auto Reinsurance Pooling Agreement.

Section 8. Other Events

On August 17, 2007, State Auto Financial Corporation (the “Company”) announced that its board of directors had declared a 50 percent increase in the Company’s regular quarterly cash dividend from $0.10 to $0.15 per share. The first such dividend is payable September 28, 2007 to shareholders of record at the close of business on September 14, 2007.

At the same time, the Company announced that its board of directors had authorized the Company to repurchase, from time to time, up to 4.0 million shares, or approximately 10% of its outstanding common stock, through an open market purchase program subject to the provisions of SEC Rule 10b-18 and in privately negotiated transactions over a period extending to and through December 31, 2009. The Company will repurchase shares from State Automobile Mutual Insurance Company, which owns approximately 65 percent of the Company’s stock, and other shareholders, in amounts that are proportional to the respective current ownership percentages of State Automobile Mutual and other shareholders. The Company’s management will determine the timing and amount of any repurchase based upon its evaluation of market conditions, share price and other factors. It is currently management’s intention that the stock repurchase program be funded from the Company’s working capital. The stock repurchase program may be terminated at any time.

Attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference is a press release issued by the Company on August 17, 2007, announcing the dividend increase and the stock repurchase program.

Item 8.01 Other Events.

On December 13, 2006, State Auto Financial issued a press release announcing Mr. English’s appointment as Chief Financial Officer of State Auto. The full text of the press release is attached as Exhibit 99.1 to this Form 8-K.

On December 15, 2006, a wholly owned subsidiary of State Auto Mutual entered into a merger agreement to acquire all of the outstanding capital stock of Eagle Development Corporation. Eagle Development Corporation owns all of the outstanding capital stock of Beacon National Insurance Company headquartered in Wichita Falls, Texas. The merger transaction is subject to regulatory approval by the Texas Department of Insurance and other customary closing conditions for a transaction of this nature. State Auto Mutual anticipates that the merger transaction will be completed during the first quarter 2007. State Auto Mutual owns approximately 65% of the outstanding common shares of State Auto Financial. On December 18, 2006, State Auto Mutual issued a press release announcing this transaction. The full text of the press release is attached as Exhibit 99.2 to this Form 8-K.

Section 9. Financial Statements and Exhibits

Item 8.01 Other Events.

On November 3, State Auto Financial issued a press release announcing Mr. Lowther’s pending retirement from the State Auto Insurance Companies. The full text of the press release is attached as Exhibit 99.1 to this Form 8-K.

On November 3, State Auto Financial issued a press release announcing Mr. Blackburn’s appointment as Executive Vice President and Chief Operating Officer of the State Auto Insurance Companies. The full text of the press release is attached as Exhibit 99.2 to this Form 8-K.

Section 9 – Financial Statements and Exhibits

Item 8.01 Other Events.

Attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference is a press release issued by State Auto Financial Corporation on June 21, 2006.

Section 9. Financial Statements and Exhibits

Item 8.01 Other Events.

On June 7, 2006, STFC issued a press release announcing that Mr. Johnston was leaving State Auto. The full text of the press release is attached as Exhibit 99.1 to this Form 8-K.

Section 9. Financial Statements and Exhibits

Item 8.01 Other Events.

On March 3, 2006, the Company issued a press release announcing, among other things, the election of Robert P. Restrepo, Jr. as President of the Company. The full text of the press release is attached as Exhibit 99.1 to this Form 8-K.

Section 9. Financial Statements and Exhibits

Item 8.01 Other Events.

On February 10, 2006, the Company issued a press release announcing the election of Robert P. Restrepo, Jr. as Chairman and Chief Executive Officer of the Company to succeed Robert M. Moone, who had previously announced his decision to retire from the Company. The full text of the press release is attached as Exhibit 99.1 to this Form 8-K.

Section 9. Financial Statements and Exhibits