COLUMBUS, Ohio – January 4, 2007 – The State Auto Insurance Companies today announced the appointment of Charles E. McShane Jr. as eastern zone vice president of State Auto Middle Market Insurance (SAMMI). McShane will head the eastern zone office, based in Baltimore, Md.
McShane’s 30-year insurance career includes a number of executive and senior management roles with Aetna Life and Casualty Company, Zurich North America, USF&G and The St. Paul Companies. He most recently served as enterprise relationship manager and vice president of distribution management with Zurich Financial Services. He holds the Chartered Property Casualty Underwriter (CPCU) and Associate in Risk Management (ARM) designations.
In addition to involvement with a number of industry trade groups, McShane is also a past president of the Florida Institute of Technology’s Alumni Board, and is currently a member of the Florida Tech Athletic Advisory Committee
SAMMI was created in early 2004 in response to agent requests to expand the size and scope of its commercial lines business to include larger commercial risks, usually with at least $100,000 in annual premium. Since that time, SAMMI, headquartered in Columbus, Ohio, has grown exponentially, necessitating the creation of offices in Naperville (Chicago), Ill., Peoria (Phoenix), Ariz., and Baltimore, Md.
The State Auto Insurance Companies, headquartered in Columbus, Ohio, are engaged primarily in writing personal and commercial insurance products through more than 22,500 independent agents associated with approximately 3,000 agencies in 28 states. The State Auto Companies include State Auto Financial Corporation (NASDAQ:STFC), named Forbes Magazine's "Best Managed Insurance Company in America" for 2006. STFC also received the 2006 Mergent Dividend Achiever Award for having increased its dividends for ten or more years in succession. The State Auto Insurance Companies are rated A+ (Superior) by the A.M. Best Company. Additional information on State Auto can be found at stateauto.com.