State Auto Financial Releases Estimate of 2nd Quarter Financial Results
Proquest LLC |
In its release on
The company said it is estimating that second quarter 2014 pre- tax results will also include approximately
STFC reports that it expects to release its second quarter 2014 results on
The Company said that during the conference call, management plans to discuss RED reserves and actions being taken with respect to the RED program business, which include bringing claims administration in-house to perform a ground up assessment of outstanding case reserves.
In addition, STFC reports that management will discuss the reorganization of its IT operations including a partnership with a third party to service the company's legacy policy administration and billing systems, among other applications.
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