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Hallo Everyone! I am going to be posting here news and info about auto insurance, helping you stay up to date with it. So let’s start now.

State Auto Financial (NASDAQ:STFC) got named “Best Managed Auto Insurance Company” by Forbes. The magazine listed in its review 26 best out of some 1,000 publicly traded companies having at least $1billion in sales, positive book value and at least $ 1 billion in sales.

In the words of Bob Moone, STFC’s Chairman and CEO “On behalf of all State Auto associates and the 22,000 independent agents who make up our only distribution system, we are proud to have earned this recognition. STFC’s commitment to unrelenting attention to and execution of the fundamentals of our business has led to sustained positive return on capital, sales and earnings growth. Our selection as the Best Managed Company in the insurance industry places State Auto among an elite group of insurers.”

The State Auto Insurance Companies are headquatered in Columbus, Ohio and are rated A+ (Superior) by the A.M. Best Company.