State Auto Boards Elect New Officers
August 14 2009 - 1:28PM
Business Wire
The boards of directors of State Automobile Mutual Insurance
Company and State Auto Property & Casualty Insurance Company
have elected two associates assistant vice presidents of the
companies.
Lawrence (Larry) A. Adeleye, 50, joined State Auto in
July as director of treasury and finance. He has more than 25 years
of experience as a finance professional, most recently serving as
director of treasury operations for the Liberty Mutual Group/Ohio
Casualty Insurance. He has also served in finance management roles
with Tellabs, CNA Financial and Galileo International. Adeleye
received a bachelor’s degree in business administration from the
State University of New York at Buffalo and an MBA from the
University of New Haven (Conn.). He holds the Certified Treasury
Professionals (CTP) designation.
Scott A. Jones, 45, was elected an assistant secretary in
2005 and currently serves as portfolio manager. After receiving a
bachelor’s degree in finance from The Ohio State University, Jones
joined State Auto as a personal lines underwriter. He held various
underwriting positions prior to joining the financial accounting
department in 1996 and the investments department in 2002. Jones
holds the Chartered Financial Analyst (CFA), Chartered Property
Casualty Underwriter (CPCU) and Certified Treasury Professionals
(CTP) designations.
State Automobile Mutual Insurance Company, headquartered in
Columbus, Ohio, is a super regional property and casualty insurance
holding company. The company is primarily engaged in writing
personal and business insurance products exclusively through
independent insurance agencies in 33 states and is proud to be a
Trusted Choice® company partner. State Auto Mutual is part of the
State Auto Group. The State Auto Group is rated A+ (Superior)
by the A.M. Best Company and consists of State Automobile
Mutual, State Auto Property & Casualty, State Auto National,
State Auto Ohio, State Auto Wisconsin, State Auto Florida, Milbank,
Farmers Casualty, Meridian Security, Meridian Citizens Mutual,
Beacon National, Beacon Lloyds, Patrons Mutual and Litchfield
Mutual Fire.
State Auto Mutual also writes specialty insurance and workers’
compensation products through its Rockhill insurance subsidiaries.
The Rockhill insurance subsidiaries, rated A- (Excellent) by the
A.M. Best Company, write business on a non-admitted basis in 49
states and the District of Columbia, and are licensed on an
admitted basis in 42 states and the District of Columbia.
Additional information on State Auto Mutual can be found online at
www.StateAuto.com.
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