Company Profile
Updated: 17-SEP-09SAFECO Corp.
Private Subsidiary, Headquarters Location
4333 Brooklyn Ave. NE, Seattle, WA 98105-1016, United States
(206)545-5000, (206)545-5995 fax, http://www.safeco.com
Primary SIC: Fire, Marine And Casualty Insurance, Primary NAICS: Direct Property and Casualty Insurance Carriers
Description: Founded in 1923, SAFECO Corp. was incorporated in Washington. The company trades on the New York Stock Exchange. SAFECO is an insurance holding company that provides property and casualty insurance along with related services. The company operates four business segments: SAFECO personal insurance, SAFECO business insurance, surety and P and C other. SAFECO personal insurance offers auto, homeowners and other property and specialty insurance products for individuals. SAFECO business insurance offers policies for business owners, commercial auto, commercial multi-peril, workers' compensation, commercial property and general liability policies for small- and mid-sized businesses. The surety segment offers bonds that provide payment and performance guarantees for various businesses. The P and C other segment offers run-off assumed reinsurance, large-commercial business accounts and commercial specialty programs in run-off. Headquartered in Seattle, Wash., SAFECO owns data centers in Washington and Colorado while providing its insurance and services in all 50 U.S. states. More
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Canada : New rail spurs coming to CSX-served coal facility in Kentucky, Canadian iron-ore processing plant in Quebec.
TendersInfo; 11/3/2009; 548 words; ...to enter into an open-ended lease with Safeco Inc. to operate a CSX Transportation...Known as the Cobra Facility, the 19-acre Safeco operation can accommodate the loading of...an agreement with New Millennium Capital Corp. to reconstruct a 2.5-mile rail spur...
A man with a purpose: Michael Fiterman is honored with the AICC/Paperboard Packaging Hall of Fame for his professional accomplishments as well his service to his community and his family.(2009 HALL OF FAME: MICHAEL FITERMAN)(Association of Independent Corrugated Converters)
Official Board Markets; 10/31/2009; 1609 words; ...products," says John Davis, chairman and ceo of Great Northern Corp. In 1983, Mike became the third-generation leader of the...Liberty Paper, Inc., a 100 percent recycled board mill; * Safeco Products, an office products company; * Milltronics CNC Machines...
Genworth Increases Its Board to 11.(Genworth Financial Inc)(Brief article)
American Banker; 10/15/2009; 742 words; ...vice president and chief financial officer of Safeco Corp. and co-president of the Safeco insurance companies beforeretiring in December 2005. Before joining Safeco in 2002, she worked for Travelers Insurance...
Washington business leaders ask Boeing for second 787 line.(Aerospace News)
Seattle Post-Intelligencer (Seattle, WA); 10/13/2009; 1157 words; ...Alaska Airlines, Costco Wholesale, Microsoft Corp., Nintendo of America, Safeco Insurance, the Seattle Seahawks, the Seattle...of America, Inc. Michael Hughes, President, Safeco Insurance Companies Barbara Hulit, President...
Regions leads insurance market, Stephens makes gains.(Overview)
Arkansas Business; 10/12/2009; 1075 words; ...2008. Regions Insurance, a subsidiary of Regions Financial Corp. of Birmingham, Ala., reported a decrease in total premium...American Modern Insurance Group of Amelia, Ohio, and Seattle's Safeco Insurance Co. of America. By Gwen Moritz & Mark Friedman gmoritz...
Insurance: Underwriter of property, casualty, life, health, surety, and worker's compensation insurance. Real Estate: Real estate investment and management. Finance: Investment banker and venture capital firm.
Recent News Articles
- Five accused of cashing in on insurers' merger.(Liberty Mutual Insurance Co. v. SAFECO Corp.)(Brief article)
Business Insurance - July 20, 2009 - Safeco weighs downtown exit: owners of insurer's building market space as Liberty Mutual nears close of $6.2b deal.(SAFECO Corp.)
Indianapolis Business Journal - September 15, 2008 - Safeco Corp. shareholders approved the merger with Liberty Mutual Group, which is to pay $68.25 per share in cash for all outstanding Safeco shares of stock.(Property/Casualty)(Liberty Mutual Insurance Co.)(Brief article)
Best's Review - September 01, 2008 - Zacks Bull and Bear of the Day Highlights: GameStop, SanDisk, Safeco Corp., STMicroelectronics and Tech Data Corp.
Business Wire - August 25, 2008
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