COLUMBUS, Ohio – November 15, 2006 – The State Auto Insurance Companies today named Lester Brue, currently Resident Vice President and Branch Manager of the companies’ Des Moines (Iowa) Branch Office, as Director of Acquisition Integration.
Brue has nearly 30 years of experience in the insurance industry, the last 14 of which have been at State Auto where he has served as a field sales representative, territory manager, and most recently, branch manager. In his new role, he will guide the integration of future acquisitions, which remain a critical piece of State Auto’s corporate strategy.
“Lester brings valuable expertise and leadership capabilities to the role of assuring that any future acquisitions are integrated efficiently and effectively,” said Vice President/Director of Branch-Regional Operations Steve Hazelbaker. “His varied experience makes him perfectly suited for this important role.”
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 27 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 atwww.StateAuto.com.