Massachusetts Judge Rejects Auto Insurance Class Actions Over Diminished Value June 23, 2023 By Andrew G. Simpson A judge in Massachusetts has denied class certifications for claimants seeking payments from two insurers for the lost resale value...
Safety Insurance Cites Q2 Combined Ratio, COVID Claim Court Win August 4, 2022 By Andrew G. Simpson Boston-based Safety Insurance touted a combined ratio of 92.1 and a win in a COVID-19 business interruption court case as...
Safety Insurance Net Income Plummets as Auto Claims, Inflation Take Toll May 5, 2022 By Andrew G. Simpson Boston-based Safety Insurance Group, Inc. reported first quarter 2022 results showing net income of $7.8 million, compared to $36.2 million...
Q4 Earnings Briefs: State Auto, National General, Donegal, Safety, Protective February 28, 2020 State Auto Financial State Auto Financial Corp. (STFC) reported fourth-quarter net income of $32.7 million, after reporting a loss in...
Mass. AG Argues Mapfre, Safety Won Excessive Home Insurance Rate Hikes December 3, 2015 Massachusetts Attorney General Maura Healey says two of the state’s largest homeowners’ insurance companies won excessive and unwarranted rate increases...
Massachusetts AG Announces $200K Settlement With Safety Insurance Co. May 1, 2013 Auto insurer Safety Insurance Company agreed to pay more than $200,000 to settle allegations that it overcharged hundreds of inexperienced...