Wisconsin Insurance

Starting this week, the re-election team is finally coming into force, the headquarters was opened, the site itself is almost finished. With 36 weeks left before the vote, Mayor Rudolph W. Giuliani “the opinion of the professional staff of researchers and experts on sale is finally assembled and ready to go.

Now, they simply catch up with the mayor himself, has been for months.

Do you have any of 200000 small entrepreneurs receive a set of forms of tax a few weeks ago? Strictly speaking, this was not the stuff of campaign literature. But three, by e-mail on the government in terms of costs, is a full page of the city of letter of the Finance Committee, Alfred C. Cerullo 3d, explains in detail all sectors of activity, the mayor has cut taxes for the Advancement of De economic growth throughout the city. The letter seems very similar to the speeches of mayors regularly sectors of the business.

Do you have auto insurance? Maybe you saw on television, on the balance of power die”Task cost of insurance,”an informal group of mayors of aid and support, met in the last month, try to help him , Already popular for reducing crime something equally popular: lower leg auto insurance rates. The Task Force may not actually reduce premiums, but it makes it appear that the mayor tent.

These are the uses of established, and they constitute the heart of the Republican mayor drive for a second mandate in the coming months, which are already far ahead of his Democratic challenger. Although he said he plans to run, as if 30 points late, Mr. Giuliani is indeed very confident, so that on the advice of a master strategist as he pays with David Garth in the year 1993. He is with his own race this year, and everyone wondered whether it was really start its campaigns can be sure it has already.

Look at the way in which he made the Empire State Building shooting in an inflammatory speech against lax gun laws, a proposal to miss-not in a pro-gun-control city. Or the speeches, there is regularly praised the diligence of immigrants in a city built by immigration, including production last month, the number of Ellis Island. (Hundreds of immigrants in real terms was bused and ferried to the city-Run Senior centers).

Or even the huge poster of metal announced this week the Grammy Award ceremony has been suspended for weeks in town hall: M. Giuliani name is without doubt the most striking. This orientation, and others may also be shown the way toward November.

”His daily actions and reactions, his behavior, signs of conduct, it is displayed is the largest advertising campaign in the monde”a said Adam Goodman, press adviser Republican mayor of this week praised the preparation and venue for its advertising. ”What he is doing now is much more important than any other piece shine 30.”

But, of course, it is dazzling ads, millions of dollars “in value, television, radio, billboards and bumpers, a hammer on the mayor is the subject of a new and robust city.

Mr. Goodman - known for beautiful images of sunny clients such as the Governor of Wisconsin, Tommy G. Thompson, and Trent Lott of Mississippi, Majority Leader of the Senate - for its operations in Baltimore and Florida to New York. He spends much time at the town hall, the mayor of the rotation work in the very act of renewing the city of State-of-the-art video equipment. Adman’s with an exaggeration, he said the only difficult part would be the choice aspects of registration mayor highlighted.

”It is not uncommon on the nature of the mission, where candidates only record is also incredibly positive that the spots almost write itself,”he said, listing the enthusiasm of one member experienced Mayor’s communication staff.

It is also a fool of registration and get-out-Vote charges (this time under the new campaign manager appointed vice-mayor francs Reiter), perhaps the most important element of M . Giuliani-53581 vote margin of victory in 1993. Much of it came from a high level of voter turnout on Staten Island vote because of secession, an issue not on the ballot at this date. Still, the mayor of the strategists believe they can ensure that a large part of his basic swing and the capture of the votes of non-Orthodox Jews, women and Hispanic centrist voters, while the unions neutral .

Forget the post-mortems on ideological movement, the Republican candidate or revivals took the most money. The legacy of Off-Off-year elections on Tuesday, maybe a little everywhere: Think small.

The questions are, finally, this week continued in the Governor elections - automobile insurance rates in New Jersey and the state tax on vehicles in Virginia - have never been spearheading the States ” of politics. The fact that the main concerns as such, after investigations Voters polls, underscores two realities on the current state of American politics: voters are relatively content, so that elections in these days, they do are not major issues such as unemployment. The space left for issues that are rarely talked about, a few months before the election to mount the head of the political discourse.

The success of the small scholarship issues is a perfect head of the strategy of President Clinton last year, the choice, when he seized a small but highly symbolic issues such as school. It also corresponds to the withdrawal of ideology in the current policy, it is one hour, if both parties are struggling for issues of definition.

”If the economy in difficulty, I do not think we are almost as these issues because they were dominant on Tuesday,’’said Vin Weber, former representative of Minnesota, a prominent conservative. ”The population is very happy at this moment, people can afford it, with these subjects.”

James S. Councillor Gilmore 3d, the Republican, was elected governor of Virginia, said she believes he won by a wide margin unexpectedly on Lieut. Dir Donald S. Beyer Jr., because he actually captured on a subject, with many powerful Virginians: he promised the elimination of the State infamous annual tax on cars and trucks.

In New Jersey, Dir adviser Christine Todd Whitman said Senator James E. Land McGreevey, his Democratic rival, came so close to moving the popular incumbent, because he is also a problem of the anger of ordinary voters: the state, auto insurance rates high.

Politicians and strategists across the country, even the Republicans and Democrats, said yesterday in interviews that if the economy of prisoners and there were no other new hot topics, hunting small hole in question could become a trademark of next year for races Congress and the Governor.

”You have the free choice of a backbone in the saddle,’’said Dir Howard Dean of Vermont, chairman of the Democratic Governors Association. ”And I think Gilmore and McGreevey has done very effectively.”

Mr. Dean said he would consult with the Democratic candidate next year, looking for issues that affect voters.

It est”en be different in different countries,”he said. ”It could be rules in Iowa pig farm, an illegal act reform of Alabama and flag Konföderierten South Carolina.”

Dir Tommy G. Thompson, Wisconsin, a Republican, is up next year election, agreed that the victory of Mr. Gilmore insbesondere”war a lesson for all Republicans.”

”You have to understand issues,”Mr. Thompson said that”they can be internalized. A family can understand that if it had to Gilmore they would be reducing their taxes on the car. People can internalize.”

Another attraction of these issues is narrower than Judaism, a populist and can be easily understood by voters. And they meet the needs of policy makers, in these days of the exercise of savings measures, not daring to propose measures of high cost.

It was very hotly contested races on issues that are not on the radar screen in Virginia and New Jersey also underscores a relative voter satisfaction with the status quo. In both countries, exit polls found, voters were satisfied with the state of the economy. And while Mrs. Whitman’s close call, the conclusion is that in New Jersey and Virginia and Staten Island is the special election for the House of Representatives, Republicans maintain the seats.

In New Jersey, has shown the exit polls, nearly nine out of 10 voters said the issue of automobile insurance was important in their choice for Governor. And Mr. McGreevey won the votes of voters in three of four, said the high cost for auto insurance was the No. 1 topic in an interview at his campaign bus the week before the election, Mrs. Whitman said: ”If this is something I could do otherwise, I will again and again, it was, as we decided to address auto insurance very beginning.

Given that national clamor for lowering auto insurance premiums also a proposal for an early solution to the attention of consumers and will enter into force for the insurance industry. The idea is simple: State laws that give the driver a choice between error and non-political mistake.

Given that national clamor for lowering auto insurance premiums also a proposal for an early solution to the attention of consumers and will enter into force for the insurance industry. The idea is simple: State laws that give the driver a choice between error and non-political mistake.

Drivers of private vehicles, can choose to be completed by political responsibility, with higher premiums or errors almost exclusively non-political, with lower premiums, not let the fact that individuals complain.

New project “Start”, a non-profit group of industry and consumers subsistence, it was found that products from USA in the adoption of the plan. Virginia Knauer, consumption of Councillors President Nixon, Ford and Reagan, was named chairman of its national.

Certains”des USA are in a crisis situation immediately with a high level of auto insurance rates,’’said Knauer. ”We have a conversation about savings up to 30, 40, 50 per cent.”

At a national conference on auto insurance in Alexandria, Virginia, last month, Mrs. Knauer submitted the plan of his group, composed of proposals by Jeffrey O’Connell, a law professor at the University of Virginia, contributed write the first no-fault model law during the year 1966. New Jersey has established a similar approach to Jan 1, when it began to allow motorists the choice between the right to complain or approval not to try to justice, in most situations. “An approach gangbarer”

A leader of consumers, supports this dual strategy is James Brown, director of the Center for Consumer Affairs at the University of Wisconsin-Milwaukee. ”This is a positive step,”he said. ”Given political realities, it is an approach gangbarer.”

Among the assurances of managers in favour of the concept is James F. Perry, Associate General Counsel of the State Farm Insurance Companies, the largest nation of the writer private automobile insurance. ”Our first reaction was that it was a heavy, uncomfortable idea,”he said. ”But how we react to the difficulties encountered in the right device, operating on no-fault insurance regulation, it seems to be an end to the dilemma.”

In no mistake, insurance is generally required for financial losses from their own insurance companies, whatever caused an accident. Nineteen years after Massachusetts adopted the first such law, only 14 States had no real mistakes systems. And few of them can appeal if the serious injury or permanent, as the State laws and regulations.

According to the Institute of Insurance Information in New York, ie no real assurance of debt are Colorado, Connecticut, Florida, Georgia, Hawaii, Kansas, Kentucky, Massachusetts, Michigan, Minnesota , New Jersey, New York, North South Dakota and Utah. Three of them - Florida, Michigan and New York - have strong no-fault laws, within the limits of costumes automatic injuries.

Insurance companies, a sharp rise in prices of attack to say that premiums are nothing more than a reflection of their cost. Their reaction is to support the passage of no-fault legislation, particularly those who allow themselves only when serious injuries, the costs to better meet the needs.

”There is no doubt that insurance companies have a genuine obligation of man are violated,’’said John J. Martin, the chairman of Aetna Life and Casualty Company’s division of the personal financial security and the president of the Insurance Information Institute. ”But we have a commitment just as legitimate as people, not debt. What is-no-fault, is the low demand from the litigation environment.” ‘Fast, more equitable and humane ”

Robert Pike, a Senior Vice President and General Counsel of the Allstate Insurance Company, said:”No error provides several dollars of USA, the customer pays for new customers of the benefits. The error is based on waste, inefficiency and delays. From non-guilt is a rapid, just and humane way of compensating victims.

The proposal Dir Christine Todd Whitman of New Jersey, last week, so that motorists to buy no-frills, no-fault auto insurance, pare premiums of up to one quarter was strong support for youth an idea that is the leak to be taken at national level. The idea is known as the automatic selection, and the seal of approval of an adroit Republican, has its sights on more things, he may finally step, lifts the ground.

”If people first, automatic selection, so that less of premiums and improved supply, it’s a no-brainer,’’said Peter Kinzler, director of the Coalition for auto insurance reform , An ad hoc group of activists, but the average consumers from the insurance sector.

From the viewpoint of reformers, the endorsement Whitman could not come at a more opportune. Next week, Mr. Kinzler’s group, in collaboration with the University of Wisconsin’s Auto Compensation Project, is sponsoring a conference in Washington, for the virtues of automatic selection and publication, the introduction of legislation by Senators Joseph I. Lieberman, Connecticut Democrat Daniel Patrick Moynihan, Democrat of New York and Mitch McConnell of Kentucky from Republicans.

One reason auto insurance is so expensive, it is necessary that costs a fortune to determine liability in court. Lawyers for claimants usually take between one third and half of compensation. In addition, the ability to bring disbursements more victims of violations of medical bills and lost wages encourages fraud. In 1995, Louis J. Freeh, director of the Federal Bureau of Investigation, said that fraud added $ 200 on the average household size is insurance costs.

No debt insurance, insurers to cover their own clients economic losses, regardless of guilt and approval process does only if the injuries are serious, has helped to mitigate these colossal waste. But the trial lawyers have the upper hand, is relatively easy to reach court in most countries.

Strengthening the laws of the debt would require all complaints filed against the offending driver, whose behavior is short of criminal procedure would it do so. But this approach is a nonstarter, which are not part because of the low resistance of Ralph Nader, does not provide debt as non-interference with any American right to a day in court. This is where the selection automatically adjusts in

The invention of Jeffrey O’Connell, a law professor at the University of Virginia, and Michael J. Horowitz, a researcher at the Hudson Institute in Washington, automatic selection is exactly what it seems. Those who accuse the correct value of pain and suffering could still buy insurance to do. Those who could save money by limiting their no-fault insurance for the protection of medical bills and lost wages.

If both drivers, who have not chosen to protect the debt has been involved in an accident, each would Take a look at his insurer for compensation. If two drivers purchase, pain and suffering insurance collision, the responsibility - and compensation - would be occupied on the judiciary.

It is a bit complicated, so completely abgedeckt”Schmerz and Leiden”Fahrer collision with a no-fault-pilot. It is fully covered driver would not be able to blame the other for pain and suffering. However, there is Take a look at his insurer for compensation. This seems strange, but it is only the way in which coverage is not assured Kraftfahrer””arbeitet today.

When everyone has not chosen the road of debt, the savings would be enormous. A study by the RAND Corporation, updated to 1996, the figure of $ 40 billion in national average, or $ 220 a vehicle.

Auto-selection, was the silence by President George Bush in 1992 and Bob Dole in 1996, expanding its political base, with support from moderate Democrats such as Senators Lieberman and Moynihan. What is more, there are signs that Nader, inspired by the opposition of consumer groups is fragile: Stephen Brobeck, executive director of the Consumer Federation of America, has signed.

But lawyers, harvesting, tens of billions of dollars annually from auto injury, the costumes have a lot of money in the campaign contribution machine. And at least for the moment, there is not binding to encourage legislators to bite the hands that feed. That is why the initiative of New Jersey - 35 Cent, where the contribution of $ total revenue is now in compensation for pain and suffering and legal fees - looms large.

Reform of motor insurance has bedeviled New Jersey’s last two governors. Two of them, Thomas H. Kean and Jim Florio, proclaiming himself master of change and lower premiums. Finally, it has not succeeded, nor people and the nation to pay higher premiums and grumbling.

Now, as it prepares for a duration of their election, Dir Christine Todd Whitman has weighed a new plan to reduce premiums by 5 to 25 percent by the fight against fraud and motorists offers a selection of actions, to connect to economies reduced coverage.

In the early sparring partners, the industry seems pleased with the plan. John Tiene, Executive Director of the New Jersey Insurance News Service, whose companies are 70 per cent of government auto insurance, as the plan Whitman”fett and dynamic.”He said that the industry is ready to accept, Ms. Whitman’s automatic abolishing the annual cost of living and the premium increases its proposal for a ban on current practice, the refusal of the extension of certain policies, without explanation.

Steven Goldstein, a vice-chairman of the Insurance Information Institute, a trade association, praised her commitment für”weniger pain and Leiden”Klagen as clearly the appropriate means for reducing premiums.

But the president of the Association of Chapters of the State of Trial Lawyers of America, J. Gordon Harrison, rejected the plan Rückert Draconian”,” the assertion that could not be guaranteed the richest.

Although the administration has made some Whitman higher premiums, most of the issues that drive the state insurance rates higher, began long before Mrs. Whitman was governor. Here are a few factors:

* New Jersey has more miles by highway traffic than any other country, and many nonfatal crashes, but only learned of Texas and Wisconsin in 1994, last year, with such figures.

* Für”Schmerz complaints of neglect and Leiden’’sind generous. Politics generous, with an advantage of the highest in the country, produce high medical awards juries and payments to policyholders.

* Controls against insurance fraud, both government and industry are too low, say critics.

* The insurance sector maugrée on the borders of the State on profits, mandates that all motorists are insurance and limit values for fees Premium for pilots at greatest risk in urban areas. Kostspieligen underwriting policy to pay billions of debts upstream by an insurance pools, there was high risk, ill-pilot of the Kean and Florio years.

* Compounding years have been any relationship between acid industry in New Jersey and the progress of the study of Jurists. The lawyers have consistently fight against any restriction on drivers’ right to file negligence is injured by other road users. Restriction of these costumes of pain and suffering is the center of Ms. Rückert - insurance industry, the joy and consternation of the trial lawyers.

Many know the status of insurance problems say that lawyers have the largest lobbying voice in Trenton and that the fate of Mrs. Whitman’s legislative package in the east hinge to a large extent on both sides of willingness to compromise .

Today he is chairman of the State Bar Association, Cynthia M. Jacob, in response to its gentle on the plan Whitman. Tuesday, Fr Jacob, the association has provided support for research on reform. She said today that it is particularly heart ,”” Fr Rückert on the plan to reduce disputes and said all the commandments and prohibitions they würde””nominale on reducing premiums.

J. Robert Hunter, insurance director of the Consumer Federation of America, now offers a quick and easy, New Jersey’s auto insurance woes and what now appears a long legislative battle in Michigan’s simply no Fehler ”Right”auto insurance.

Only 11 countries around the country have no debt, including New Jersey and New York. Mr. Hunter said he considers the law of Michigan on the best the nation has no debt required by law because it violates motorists outages unlimited payments for their medical care and lost wages, and allows pain and suffering for actions that death, serious harm a function of fitness, and on the duration and serious disfigurement.

Officials believe as many as one of seven drivers Minnesota, which represents about 14 per cent of owners of vehicles, the State does not exceed the legal minimum auto insurance is mandatory. In March, officials of State starts at 70,000 letters Minnesota pilots. Patricia McCormack, director of the Presidency of the automotive service division, said half were selected at random, and the other half are violatlions driver with the past.

“You, you have to send a return within 30 days, information on the insurance company, with the assurance when the letter was sent to them,” said McCormack.

The pilot did not respond, or not to be proof of insurance on their driving licence suspended, she said.

Drivers uninsured, writing is not able, in conformity with the law of rustling and buys one. Insurance Institute of Minnesota, spokeswoman Robyn Rowen said uninsured drivers are sold, a specific policy it on a watchlist.

“If you resign, insurance companies are immediately to the State and the process begins again,” said Rowen.

Peggy, does not want his name is used to think that the state has already confirmed the automobile, insurance, when drivers renew their annual convention vehicle registration. However, there are more than four million cars in the state of Minnesota and officials say they lack the resources necessary to ensure that each of these vehicles.

Peggy had a costly run-in with an uninsured motorist. Your car was damaged to the tune of $ 4500, when another driver collapsed in his car. They exchanged phone numbers and names of insurance companies. Peggy said she assumed it was a simple misunderstanding, so much work has called to say she would be the cost of insurance, because the other driver was not assured.

“Nobody would answer, or call me. I called their number, I called the number her husband, I called, they had all of me, “said Peggy.

Two years later, they are still waiting for lawyers to sort all, so that the driver had collapsed in their pay repair costs.

The costs are one reason, Minnesota, some motorists not to buy insurance. Latest figures show the average car sold in Minnesota policy costs about $ 800 a year. About the border in Wisconsin, it is about $ 630, and in Iowa, about $ 500.

Rep. Andy Westerberg, R-Blaine, said the cost is higher in Minnesota because the state more coverage. Westerberg, is also an insurance agent, the author, laws, motorists to show proof of insurance.

“We have a lot more - four times the health care in Wisconsin by vehicle. And we must not only for the injured party, we have to cover also other occupants of the vehicle,” said Westerberg.

The number of uninsured motorists in Minnesota, more than 14 percent of drivers of State, it is twice as high in Wisconsin and Iowa, where rates of uninsured are among the lowest in the country.

Among all countries, Minnesota is Midrange. Texas and Georgia are countries with some of the highest rates, where up to 25 per cent of drivers lack of coverage.

Minnesota’s relatively high costs of auto insurance, some argue, create a cycle.

High premiums discourage the purchase coverage man, reducing the number of people in the pool insurance costs derive Premium.

A fairer system, “says Robert Hunter and it would have the assurance that all drivers, is an idea called” pay at the pump. ” Hunter is a business insurance analyst at the Consumer Federation of America and the former insurance commissioner of Texas. He said that it would be a surcharge on fuels and vehicles would pay the insurance costs when they fill their tanks.

“You pay your premium at the pump, and it would not be insured driver at this point, because everyone will be at least one security reasons,” said Hunter.

The payment at the pump idea in each state, where it has been proposed. Critics argue that this would be a new government bureaucracy to manage the plan.

Instead, Minnesota and in other countries are available on penalties - fines and withdrawal of license - to try to convince uninsured drivers, it is in their interest to buy coverage.

Auto insurance: In most cases, you can not afford to drive without it. But that does not mean it will cost you an arm and leg feel safe.

Indeed, experts say there are a number of things you can do to your insurance bill under control without compromise on quality.

“The first and most important way to reduce your auto insurance is a very careful and conscientious drivers, because you are punished for the monetary circulation in the form of violations points,” said Chris Guidette, a spokesman for the ‘Insurance Services Office, Inc, an organization of the research sector.

“The result in an increase in your report and can be very steep,” he says. “When you did an accident of debt, your sentences can go.”

Currently, at least 40 of the 50 U.S. states require motorists to some basic form, then head for the freeway. Those who do not, including Wisconsin and Iowa, drivers need to prove they have the financial means to cover the cost of damage or injury they inflict on themselves or ” others.

“Each state has a fiscal responsibility law on the books, indicating that if you come to operate a motor vehicle over their roads, you need to take care of all accidents, you may be, “said Rey Becker, Vice President of the Alliance of American Insurers in Chicago. “One way to do so, it is peculiar to any insurance of more than 9 out of 10 people. Some other is the nature and ensure themselves or by mail with a loan of (public) Department of Motor Vehicles.

State Auto Financial Corporation (NASDAQ: STFC) reported today on the third quarter 2007 earnings of $ 23.2 million or $ 0.55 per share diluted compared to $ 31.2 million or $ 0.75 per share watered down for the third quarter of 2006. Net profit from operating activities (a) per diluted share for the third quarter of 2007 was $ 0.45, against $ 0.72 for the same period of 2006.

STFC-GAAP combined ratio for the quarter was 98.0 against 90.9 in the third quarter of 2006. Catastrophe losses totalled 5.6 points in the loss of 65.3 points report, or $ 14.2 million in the third quarter of this year, compared to a total of 8.0 points in the loss of 56.7 Report points, or $ 20, 4 million for the same period in 2006. STFC in the third quarter 2007 was $ 280.9 million of revenue compared to $ 279.6 million for the same period in 2006.

For the first nine months of 2007, net income was $ 77.4 million, or $ 1.86 per share diluted compared to $ 75.5 million or $ 1.82 per share more for same 2006 period. The combined ratio-GAAP for the first nine months of 2007 was 95.3 compared to 94.0 for the same period in 2006. The turnover for the first nine months of 2007 was $ 835.1 million, against $ 836.4 million for the same period of 2006. STFC book value per share rose to a new record high of 21.85 dollars per share to 30 September 2007. The return on equity attributable shareholders for the twelve months ended 30 September 2007 amounted to 14.0% against 13.3% for the twelve months ended 30 September 2006.

“Third quarter results were mixed. Our core competencies automobile and general liability business continued good. On the ground, we have a much greater catastrophe losses not in our house owner, multi-trade risk and other lines of commercial property, “said STFC Chairman, President and CEO Bob rest of pensions.

“The production remains fairly stable and we are satisfied with the progress we have made to the preliminary Capital Management,” said Restrepo. “During the quarter, we increased our cash dividend by 50%, initiates actions of our buyback programme, reached an affront to our book value per share and a communiqué twelve months ended solid return on equity of 14% . STFC remains well positioned in a highly competitive market. ”

STFC repurchased 93,000 shares during the third quarter in connection with share buyback announced the purchase program authorized up to 4.0 million shares until 31 December 2009.

State Auto Financial Corporation, headquartered in Columbus, Ohio, is a super-regional damage and accident insurance business holding company. The company markets its personal and business insurance products exclusively by independent insurance agencies in 29 countries and is proud to be a Trusted Choice ® business partners. STFC shares traded on the NASDAQ Global Select Market “, which are above one third of NASDAQ listed companies. The company is one of only 98 companies listed on NASDAQ mention of his name a Mergent Dividend Achiever 2007 for the increase its dividend for a period of ten or more consecutive years.

Today, the Board of Directors of State Auto Financial Corporation (NASDAQ: STFC) said an increase in the quarterly cash dividend on the company’s regular $ 0.10 to $ 0.15 per share. The dividend is 28 September 2007, shareholders of record on the close of business on 14 September 2007. The Committee also announced its annual changes to revise the dividend policy of the third quarter over the fourth quarter, starting in 2008.

At the same time, the Committee authorized the company STFC repurchase from time to time, up to 4.0 million shares, representing approximately 10% of the outstanding common shares, an open market purchase program is subject to provisions of SEC Rule 10b - 18 and in privately negotiated transactions over a period of 31 and until December 2009. The company’s share repurchase own State Mutual Automobile Insurance Company, owners of approximately 65 percent of public finances car share and other shareholders in amounts proportional to their current rate of ownership of the State Automobile Mutual and other shareholders. STFC management to determine the timing and amount of repurchases based on its evaluation of market conditions, stock prices and other factors. He is currently the intention of management, that the existence of the buyback programme to be financed from STFC’s Working Capital. The stock repurchase program may be terminated at any time.

“The substantial increase in the dividend and share repurchase program announced today reflect the strength of the financial situation of the company and our confidence in the continuation of long-term success of the state car Financial . Our dividend policy, share repurchase program and the ability of successful integration of acquisitions and Appartenances are crucial to our entire management strategy. We will continue to do what is necessary for the company and improving the Shareholder Value, “said STFC Chairman, President and CEO Bob rest of pensions.

This is the 65 successive quarterly cash dividend by companies on the board of directors since STFC had its IPO shares during the year 1991 and represents an increase of 50% annual dividend. STFC’s dividend payments have averaged an annual growth rate of 17% since 1991.

State Auto Financial Corporation, headquartered in Columbus, Ohio, is a super-regional damage and accident insurance business holding company. STFC shares traded on the NASDAQ Global Select Market, “which the top third of NASDAQ-listed companies. The company markets its personal and business insurance products exclusively by independent insurance agencies in 29 countries and is proud of be a Trusted Choice ® Enterprise partners. The company is one of only 98 companies listed on the NASDAQ stock market in 2007 deserve Mergent Dividend Achiever Award for increasing its dividend for a period of ten or more years in a row.

Tony Arneson of Neenah knew it was time to check his car insurance, when he wanted his daughter for 16 years its policy of Karly, three weeks ago.

His insurer shocked him $ 1000 with an increase in annual premium.

“I was a loyal customer of 15 years and I thought, ‘This one hurts.” So I decided a few citations, “he said Arneson Switching liquidated insurer.” I have saved $ 630 by year, “he said.

Consumers should be aware of their insurance, if circumstances change - as the addition or subtraction of a pilot or buying a new car, “said Mike Marta, president of the Babbitt-Sholund Insurance Agency, Neenah .