Oct 9- State Auto Financial Corp:. *KBW cuts State Auto Financial Corp to underperform from market. Reuters Station users, click. 1568.
Oct 8- State Auto Financial Corp:. *Reports estimate of third quarter storm activity impact and reserve increase. *Estimates Q3 results will include between $6.5 million and $7.5 million in.
It's been a stormy year for U.S. property insurers, and hurricane season hasn't even started yet. But shares of these companies could be jumping if a bad year in weather prompts premium increases.
Allstate is scheduled to report second-quarter earnings after the closing bell today, and some investors are wagering on a move higher.