Latest Safeco Insurance Headlines

Business Moves

Nov 14 2010 // Ohio Mutual, Casco Indemnity Ohio Mutual Insurance Group (OMIG) agreed to acquire N.E. Corp. and its wholly-owned subsidiary Casco Indemnity Co., a property and casualty insurer located in Saco, Maine. The transaction is...

Safeco Insurance Expands in Missouri

Oct 28 2010 // Safeco Insurance, a member of Liberty Mutual Group, has opened its new office in Fenton, Mo. Liberty Mutual also plans to hire 100 additional employees in St. Louis County over the next two years. With a seven-year lease...

People

Oct 18 2010 // The Hartford appointed Lisa Morgan senior vice president of its middle market commercial insurance business. She will lead The Hartford’s $2 billion middle market commercial insurance unit that provides the...

Safeco Recognizes Majhanovich With Excellence Award

Oct 13 2010 // Safeco Insurance Co. has recognized Kerry Majhanovich with its Award of Excellence. Majhanovich is a principal with Tegeler & Associates in Wyoming. Safeco’s Award of Excellence celebrates those individuals with...

Safeco Recognizes Kirsch With Award of Excellence

Oct 12 2010 // Safeco Insurance Co. has recognized Diane Kirsch with its Award of Excellence. Kirsch is a personal lines department manager with ISU Insurance Services of San Francisco. Safeco’s Award of Excellence celebrates those...

Safeco Names Alexander Regional General Manager in California

Oct 1 2010 // Safeco Insurance has appointed Chris Alexander to regional general manager for its California region personal lines operation. Alexander will be based in Aliso Viejo, Calif., and comes to this position from New York, where...

Safeco to Offer Homeowners Insurance with Wind Coverage in Mississippi

Mar 3 2010 // State Insurance Commissioner Mike Chaney says Safeco Insurance plans to offer homeowners insurance, including wind coverage, in south Mississippi. Chaney says the company will offer 500 to 1,000 homeowner policies wind...

Safeco Insurance Names Two New Central Region Executives

Aug 10 2009 // Seattle-based Safeco Insurance, a Liberty Mutual Agency Markets company, announced the appointment of two key additions to its management team in the Central Region. Scott McPherson has joined the company as director of...

Ohio High Court: Negligent Act Can Be ‘Occurrence’ in Some Cases

Aug 10 2009 // In a decision announced Aug. 4, 2009, the Supreme Court of Ohio held that when a liability insurance policy defines a covered “occurrence” as an “accident,” a negligent act committed by an insured...

Connecticut Fines Safeco $434K over Numerous Violations

Jul 24 2009 // The Connecticut Insurance Department has fined Safeco Cos. $434,000 following a market conduct exam of the five subsidiaries for the insurer. The fines are for violations that include improper cancellations, improper...

SEC Charges 5 with Insider Trading Ahead of Liberty Mutual-Safeco Merger

Jul 17 2009 // The Securities and Exchange Commission (SEC) has charged that five individuals, including a former investment banker at Goldman Sachs & Co., illegally tipped or traded on confidential information ahead of an...

Court: Safeco Must Disclose Who it Surcharged for Auto Insurance

May 6 2009 // Seattle-based Safeco Insurance Co. will be required to disclose which customers it surcharged due to their lack of prior continuous automobile insurance coverage, the California Court of Appeal in Los Angeles has...

Best Revises Liberty Mutual Group Outlook to Negative; Affirms Ratings

Apr 10 2009 // A.M. Best Co. has revised the outlook to negative from stable for the financial strength (FSR) and issuer credit ratings (ICR) of Liberty Mutual Group, Inc. (LMGI), Liberty Mutual Insurance Companies and Liberty Insurance...

AIG Restructuring Chief Reynolds Has Tough Job in Tough Market

Mar 3 2009 // Paula Rosput Reynolds has a job that would daunt some of the most experienced Wall Street veterans — restructuring American International Group Inc. by selling assets in the midst of a severe credit crunch. Reynolds,...

People

Jan 25 2009 // American International Group Inc. (AIG) named Russell Johnston president and CEO of AIG Environmental, a unit of AIG Commercial Insurance. Johnston joined AIG in 1990 serving in senior management positions within...

Safeco Insurance Foundation Donates $15,000 To Connections to Success

Dec 29 2008 // Safeco Insurance Foundation has awarded $15,000 to Connections to Success Inc., a nonprofit organization that helps men and women transition to the workforce. Connections to Success is a nonprofit that was founded in 1998...

People

Nov 30 2008 // Safeco Insurance and Indiana Insurance, both Liberty Mutual Agency Markets companies, recently announced key management appointments to lead their respective personal and commercial lines operations in their Midwest...

Nov 30 2008 // Peter Lauve, of Abilene, Texas, has been named president of Texas-based Insurors Group. As Insurors Group president, Lauve, also a partner with CBS Insurance located in Abilene, will lead a network of Texas agents that...

People

Nov 30 2008 // The Insurance Marketing and Communications Association (IMCA) named Richard Look as president. He is a marketing communications veteran with both agency and insurance company experience, and currently serves as vice...

Safeco, Montgomery Insurance Unveil Southeast Regional Operations

Nov 25 2008 // The effects on the Southeast of Liberty Mutual’s acquisition of Safeco Insurance became clearer as the insurer announced its regional line-up of companies and personnel. Montgomery Insurance and Safeco are part of...