Assurant Acquires Safeco Financial Institution Solutions

May 1, 2006

  • May 2, 2006 at 11:33 am
    Charles says:
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    Safeco keeps selling off their assets which have been $$$ makers. I guess they will turn into another Geico/lizard.

  • May 8, 2006 at 2:11 am
    Big Insurance says:
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    They also have been buying up their own stock which is a sign of a strong company getting stronger. I suspect they are working toward being a player by divesting themselves of non-core assets with a focus on agility and organic growth. Good for them. After recovering from having choked down American States, I believe Safeco is poised to become a major player in commercial P/C in the next 10 years.



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