Latest Safeco Insurance Headlines
All the headlines from our Safeco Insurance Topic Page, ordered by recency.
Sep 19 2005 // Saylor & Hill has announced that three senior associates of the firm have been promoted to principal. Tim Sweeney, Kevin Mirsky and Chris Williams, each of whom has worked for the firm for more than a decade, will...
Safeco Launches Special Relief Effort in Response to Hurricane Katrina
Sep 7 2005 // Safeco has launched a special disaster-relief effort to deliver financial assistance, equipment and free support services to help independent insurance distributors recover from Hurricane Katrina. This relief effort —...
News Briefs
Aug 22 2005 // ALABAMA Hurricane Sales Tax Measure Dies An effort was mounted during Alabama Legislature meetings to grant a sales tax break on necessary supplies to prepare for a hurricane but the measure did not pass. Its sponsor Rep....
Eitel Appointed to Safeco Board of Directors
Aug 15 2005 // Seattle-based Safeco’s board of directors has appointed Maria S. Eitel as director, effective Aug. 11, 2005. She will serve on the board’s Nominating/Governance Committee and will stand for election at the...
Safeco’s Mead Announces Retirement Plans Effective Dec. 31
Aug 11 2005 // Christine Mead, Seattle-based Safeco’s chief financial officer and president of Service, Technology and Finance, announced plans to retire effective Dec. 31, 2005. Mead joined Safeco in January 2002 as senior vice...
Safeco Declares Regular Dividend
Aug 3 2005 // Safeco declared a regular dividend of $0.25 per share on its common stock. The dividend is payable Oct. 24, 2005 to shareholders of record on Oct. 7, 2005.
Safeco Stops Writing New P/L Property Policies in Fla.; Will Stop Renewing Them in 2006
Jul 26 2005 // As of July 26, Safeco stopped writing new personal property policies in Florida and has notified the Florida Office of Insurance Regulation that at the beginning of 2006, it plans to stop renewing personal lines property...
Safeco Repurchases 2.75 Million Shares
Jul 25 2005 // Safeco announced it has repurchased 2.75 million shares, or approximately 2.15 percent of its outstanding common stock, through an Accelerated Share Repurchase (ASR) program. The shares were purchased from a dealer (JP...
McGavick Announces Plans to Leave Safeco
Jul 18 2005 // Safeco Chairman and Chief Executive Officer Mike McGavick announced plans to leave his CEO post, effective Aug. 31, 2005. He will retain his duties as chairman of the board and will provide other transitional leadership as...
Safeco Team Deployed to 3 States for Hurricane Dennis
Jul 12 2005 // Seattle-based Safeco’s National Catastrophe Team has deployed additional claims professionals to Alabama, Florida and Georgia to aid customers recovering from Hurricane Dennis. Safeco’s claims personnel are...
Bradley Poe
Jun 6 2005 // The Harry W. Gorst Co. has hired Bradley T. Poe to manage its new Irvine, California office. He will be responsible for new business and staffing. Poe began his career on the retail side of the business almost 14 years...
Bradley Poe
Jun 6 2005 // The Harry W. Gorst Co. has hired Bradley T. Poe to manage its new Irvine, California office. He will be responsible for new business and staffing. Poe began his career on the retail side of the business almost 14 years...
Safeco Names Kelly New CIO
May 24 2005 // Seattle-based Safeco has named Richard Kelly as the company’s new chief investment officer. Kelly brings more than 20 years of experience in analyzing, executing and leading investment strategies for property and...
Safeco Names Horne Senior Vice President and Controller
May 12 2005 // Seattle-based Safeco has named Charles Horne senior vice president and controller, effective immediately. Since July 2002, Horne has served as Safeco’s vice president-Audit Services, with responsibility for managing...
Safeco Exec Tells SIAA: Independent Agents Key Value is at Point-of-Sale
May 9 2005 // Insurance companies value the personal knowledge of customers that independent agents have and sometimes this point-of-sale personal touch can override even the most sophisticated of rating technology, according to a...
Safeco Increases Dividend to Shareholders by 14 Percent
May 4 2005 // Seattle-based Safeco’s board of directors announced an increase to the company’s quarterly dividend. The board declared a regular quarterly dividend of $0.25 per share, payable on July 25, 2005 to shareholders...
Safeco Unveils Updated Businessowners Policy
Apr 28 2005 // Seattle-based Safeco announced the expansion of one of its commercial products, offering independent insurance distributors the opportunity to write Businessowner Policies (BOPs) for larger customers in more business...
Safeco Sees Strong Q1 Numbers
Apr 19 2005 // Seattle-based Safeco on Tuesday reported strong first-quarter results for 2005. The company produced net income for the first quarter of $212.0 million, or $1.65 per diluted share. This compares with net income of $236.2...
Study Shows Hot Water Tanks, Washing Machines Most Likely to Cause Damage
Apr 18 2005 // Of all the appliances found in the home, the water heater and washing machine are the most likely to cause serious damage and leave homeowners financially high and dry. According to a nationwide analysis by Safeco...
