State Auto considers Rockhill sale

State Auto may try to sell its excess and surplus lines
(E&S) business, including its Rockhill subsidiary, the US
carrier said today.
The Columbus, Ohio-based insurer said it would undertake "a
review of strategic alternatives" for its E&S platform,
"including a possible sale transaction". It has retained
Keefe, Bruyette & Woods for advice on its options.
The company acquired Rockhill in 2009 to enter the E&S
market and last year brought on former Everest National executive
Tracy