State Auto Mutual Group definition

State Auto Mutual Group means State Auto Mutual, Meridian Security, Citizen, MIGI, SA FL, the Beacon Insurers and the Patrons Insurers, and the “State Auto Financial Group” shall mean STFC, State Auto P&C, Milbank, SA OH, Farmers Casualty, Stateco, SA Software and 518 PML. With this Third Amendment, the parties hereto intend to amend the 2005 Management Agreement as necessary to remove all references to State Auto National Insurance Company (“State Auto National”) as a party to the 2005 Management Agreement. All issued and outstanding stock of State Auto National is being sold to Hallmark Insurance Company (“Hallmark”) under a Stock Purchase Agreement dated August 9, 2010, between STFC as Seller and Hallmark as Buyer (“Stock Purchase Agreement”). As a result thereof, State Auto National will cease to be affiliated with any of the State Auto Insurance Companies, and thus will no longer qualify to be a party to the 2005 Management Agreement as of the Closing Date (as defined in the Stock Purchase Agreement). In response to a recommendation from each of their Independent Committees, the Boards of Directors of the State Auto Financial Group and the State Auto Mutual Group have each approved this Third Amendment.
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State Auto Mutual Group means State Auto Mutual, Meridian Security, Patrons, Facilitators, SA Holdings, Network and SA Labs, and the “State Auto Financial Group” shall mean STFC, State Auto P&C, Milbank, SA OH, Stateco, and 518 PML. Partners General Insurance Agency, LLC, a California limited liability company (“Partners”), was sold, effective March 1, 2018, and is no longer a party to the 2015 Management Agreement. With this Second Amendment, the parties to this Second Amendment intend to delete Partners as a party to the 2015 Management Agreement. In response to a recommendation from the Independent Committee of the Board of Directors of each of Mutual and STFC, the Boards of Directors of the State Auto Financial Group and the State Auto Mutual Group approved the 2015 Management Agreement.
Sample 1
State Auto Mutual Group means State Auto Mutual, Meridian Security, Patrons, Facilitators, SA Holdings, Partners, Network and SA Labs, and the “State Auto Financial Group” shall mean STFC, State Auto P&C, Milbank, SA OH, Stateco, and 518 PML. SA Labs is a wholly owned subsidiary of Mutual, formed on September 5, 2017 and domiciled in the State of Ohio. CDC Holding, Inc. (“CDC”) was merged with and into Xxxxxxxx Holding Company (“RHC”) effective January 1, 2017, and is no longer a party to the 2015 Management Agreement. With this First Amendment, the parties to this First Amendment intend to: 1) add SA Labs as party to the 2015 Management Agreement, and 2) delete CDC as a party to the 2015 Management Agreement. In response to a recommendation from the Independent Committee of the Board of Directors of each of Mutual and STFC, the Boards of Directors of the State Auto Financial Group and the State Auto Mutual Group approved the 2015 Management Agreement.
Sample 1

More Definitions of State Auto Mutual Group

State Auto Mutual Group means State Auto Mutual, Meridian Security, Meridian Citizens Mutual, MIGI, SA FL and the Beacon Insurers, and the “State Auto Financial Group” shall mean STFC, State Auto P&C, National, Milbank, SA OH, Farmers Casualty, Stateco, S.I.S. and 518 PML. With this First Amendment, the parties to this First Amendment intend to (i) add SA FL as a party to the 2005 Management Agreement, and (ii) add the Beacon Insurers as parties to the 2005 Management Agreement, provided that the arrangements between the Beacon Insurers, State Auto P&C and State Auto Mutual recognize that Beacon has its own employee force performing services for it and the other Beacon Insurers. In response to a recommendation from the Independent Committee of the Board of Directors of each of State Auto Mutual and STFC, the Boards of Directors of the State Auto Financial Group and the State Auto Mutual Group have approved this First Amendment. Statement of Agreement In consideration of the mutual covenants set forth herein and INTENDING TO BE LEGALLY BOUND HEREBY, the parties to this Amendment agree to amend the 2005 Management Agreement as follows:
Sample 1
State Auto Mutual Group means State Auto Mutual, Meridian Security, Meridian Citizens Mutual, MIGI, SA FL and the Beacon Insurers, and the “State Auto Financial Group” shall mean STFC, State Auto P&C, National, Milbank, SA OH, Farmers Casualty, Stateco, S.I.S. and 518 PML. With this First Amendment, the parties to this First Amendment intend to (i) add SA FL as a party to the 2005 Management Agreement, and (ii) add the Beacon Insurers as parties to the 2005 Management Agreement, provided that the arrangements between the Beacon Insurers, State Auto P&C and State Auto Mutual recognize that Beacon has its own employee force performing services for it and the other Beacon Insurers. In response to a recommendation from the Independent Committee of the Board of Directors of each of State Auto Mutual and STFC, the Boards of Directors of the State Auto Financial Group and the State Auto Mutual Group have approved this First Amendment.
Sample 1
State Auto Mutual Group means State Auto Mutual, Meridian Security, Citizen, MIGI, SA FL, the Beacon Insurers and the Patrons Insurers, and the “State Auto Financial Group” shall mean STFC, State Auto P&C, National, Milbank, SA OH, Farmers Casualty, Stateco, S.I.S. and 518 PML. With this Second Amendment, the parties hereto intend to (i) amend the 2005 Management Agreement as necessary to reflect the fact that Beacon employees became employees of State Auto P&C effective January 1, 2008; (ii) add the Patrons Insurers as parties to the 2005 Management Agreement; and (iii) authorize the State Auto Mutual Board of Directors to appoint a member of its Nominating and Governance Committee as a non-voting member of the Compensation Committee of the Board of Directors of STFC. In response to a recommendation from each of their Independent Committees, the Boards of Directors of the State Auto Financial Group and the State Auto Mutual Group have each approved this Second Amendment.
Sample 1

Related to State Auto Mutual Group

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  • School District/Public Entity means the School District/Public Entity that executes the contract.

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  • Holding Companies means, collectively, the Company and Holdings, and each is a “Holding Company”.

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  • Insurance holding company system means a group of two or more affiliated persons, at least one of whom is an insurer.

  • Public utility holding company means: (1) any company that,

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