State Auto Posts Small 2Q Profit As Sale To Liberty Mutual Proceeds
State Auto Financial posted a small profit for what figures to be one of its last quarters as a public company before its sale to Liberty Mutual. The insurer said Thursday that it earned $600,000, or 1 cent per share, for the three months that ended June 30. State Auto said the quarter's results were hurt by hail and windstorms in Texas.
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