Latest Safeco Insurance Headlines
All the headlines from our Safeco Insurance Topic Page, ordered by recency.
Safeco Estimates Calif. Wildfire Losses at $35 Million
Nov 12 2007 // Seattle-based Safeco is estimating that claims stemming from the recent California wildfires will amountto $35 million in pretax catastrophe losses. That figure represents the estimated losses both from claims received...
Analyst: Safeco’s Earnings Per Share Likely to Be Lower
Oct 31 2007 // Goldman Sachs announced it is lowering its 2007 earnings per share estimate for Safeco by $0.55 to $6.20, primarily to reflect the third quarter EPS shortfall, as well as higher fourth quarter catastrophe losses expected...
Safeco Employees, Agents Contribute $250,000 to Fire Victims
Oct 29 2007 // Seattle-based Safeco announced it is donating a package of up to $250,000 to support relief efforts for victims of the Southern California wildfires. A $50,000 grant will be donated immediately to the San Diego/Imperial...
Fredenberg Rejoins Safeco in Northeast
Oct 16 2007 // Safeco announced that Jennifer Fredenberg has rejoined the company in the new position of vice president for regional strategy. Fredenberg will concentrate on growing Safeco’s business in the Northeast. Fredenberg...
Ratings: Atlantic American, Safeco
Oct 4 2007 // A.M. Best Co. has taken various rating actions on the financial strength ratings (FSR) and issuer credit ratings (ICR) of the property/casualty and life/health subsidiaries of Atlantic American Corporation (AAME) of...
Safeco Names Two To Lead in Corporate Development and Planning
Sep 28 2007 // Safeco has named Felix Huang vice president of corporate development. Huang will work with senior management on strategic planning for Safeco. Huang comes to Safeco from Vulcan Capital, where he focused on private equity...
Safeco Sends Claims Team to Aid Customers in Minn. and N.D.
Sep 27 2007 // Safeco has deployed claims professionals to help customers in Minnesota and North Dakota recover from a damaging hail storm that occurred September 20-21. Safeco claims representatives arrived in the area shortly after the...
Safeco To Host Annual Investor Day on November 29
Sep 18 2007 // Seattle-based Safeco will be hosting a meeting with financial analysts on Thursday, Nov. 29, in New York. The event will begin at 8:30 a.m., EST and conclude at approximately 2:30 p.m. President and CEO Paula Reynolds,...
People and Places
Aug 6 2007 // Dallas-based wholesaler Heartland Marketing Group named Jim Bishop as president. He will be responsible for Heartland’s wholesale and excess and surplus insurance operations. Bishop joins the operation from The...
People and Places
Aug 6 2007 // The Property Casualty Insurers Association of America named Deputy Secretary of Commerce David A. Sampson to serve as the association’s president and chief executive officer. Sampson take over the reins of PCI on...
People
Aug 6 2007 // The Property Casualty Insurers Association of America named Deputy Secretary of Commerce David A. Sampson to serve as the association’s president and chief executive officer. Sampson take over the reins of PCI on...
People
Aug 6 2007 // The Property Casualty Insurers Association of America named Deputy Secretary of Commerce David A. Sampson to serve as the association’s president and chief executive officer. Sampson take over the reins of PCI on...
Business Moves
Aug 6 2007 // Safeco Seattle-based Safeco has expanded its sales organization from five to nine regions, and has named executives to lead two of the territories. “Independent insurance agents have consistently told us they want...
Safeco Reports Q2 Income of $186.4 Million
Jul 31 2007 // Seattle-based Safeco has reported net income for the second quarter of 2007 of $186.4 million, compared with net income of $199.7 million for the same period in 2006. Operating earnings were $175 million for the quarter,...
Republic Promotes Lawson, Adds Gonzalez
Jul 24 2007 // Dallas-based The Republic Group announced two key personnel appointments. Ron Lawson was promoted to vice president – Personal Lines and Tony Gonzalez joined Republic, succeeding Lawson as assistant vice president,...
Safeco Announces New Sale Regions, Field Leadership
Jul 18 2007 // Seattle-based Safeco has announced it has expanded its sales organization from five to nine regions, and has named executives to lead two of the new territories. “Independent insurance agents have consistently told...
Safeco Expands Teen Insurance Program
Jun 28 2007 // Seattle-based Safeco has launched its Teensurance program nationally, providing online tools for teen drivers and their families. According to the company, the goal is for the technology to help families have conversations...
Safeco Offers Auto Program for Teens
Jun 5 2007 // Seattle-based Safeco has launched Teensurance, a bundle of online tools and other services for teen drivers. The new offering will be available to consumers nationwide beginning June 27, 2007. Safeco customers with auto...
Ratings Roundup: Safeco; GNY Group; American Road; Auto Owners
May 31 2007 // A.M. Best Co. has affirmed the financial strength rating (FSR) of “A” (Excellent) and the issuer credit ratings (ICR) of “a+” of the Safeco Insurance Companies and its members. Best has also...
Anderson Named President of Safeco Insurance Foundation
May 15 2007 // Seattle community leader Virginia Anderson has been named president of the Safeco Insurance Foundation. Anderson, who has served as director of Seattle Center for the past 18 years, brings her background in public service,...
