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4 - SAFETY INSURANCE GROUP INC (0001172052) (Issuer)
4 - SAFETY INSURANCE GROUP INC (0001172052) (Issuer)
4 - SAFETY INSURANCE GROUP INC (0001172052) (Issuer)
Safety Insurance Group, Inc. (NASDAQ:SAFT) ("Safety" or the "Company") today reported third quarter 2025 results. George M. Murphy, Chairman of the Board of Directors, President and Chief Executive Officer, commented: "For the quarter ended September 30, 2025, our combined ratio improved to 98.9% compared to 100.7% in the same period in the prior year. The year-over-year improvement in combined ratio reflects the impact of our prior year growth in policy counts and rate increases earning into top-line results. Net earned premium increased 12.5% for the quarter ended September 30, 2025, compared to the same period in the prior year, and highlights the impact of our pricing strategy and und
Safety Insurance Group, Inc. (NASDAQ:SAFT) ("Safety" or the "Company") today reported second quarter 2025 results. George M. Murphy, Chairman of the Board of Directors, President and Chief Executive Officer, commented: "For the quarter ended June 30, 2025, our combined ratio improved to 98.1% compared to 99.9% in the same period in the prior year. The 2024 results included the favorable impact of the Massachusetts Property Insurance Underwriting Association restructuring which reduced loss and loss adjustment expenses by $9.7 million and lowered the combined ratio by 3.9 points. The year-over-year improvement in combined ratio reflects the impact of our prior year growth in policy count
AM Best has downgraded the Long-Term Issuer Credit Ratings (Long-Term ICR) to "a" (Excellent) from "a+" (Excellent) and affirmed the Financial Strength Rating of A (Excellent) of Safety Insurance Company, Safety Indemnity Insurance Company, Safety Property and Casualty Insurance Company and Safety Northeast Insurance Company. The outlook of the Long-Term ICRs has been revised to stable from negative while the outlook of the FSR is stable. Collectively, these companies are referred to as Safety Group. At the same time, AM Best has downgraded the Long-Term ICR to "bbb" (Good) from "bbb+" (Good) of Safety Insurance Group, Inc. (Delaware) (NASDAQ:SAFT), the publicly traded parent of Safety. The
4 - SAFETY INSURANCE GROUP INC (0001172052) (Issuer)
4 - SAFETY INSURANCE GROUP INC (0001172052) (Issuer)
4 - SAFETY INSURANCE GROUP INC (0001172052) (Issuer)
10-Q - SAFETY INSURANCE GROUP INC (0001172052) (Filer)
8-K - SAFETY INSURANCE GROUP INC (0001172052) (Filer)
SCHEDULE 13G/A - SAFETY INSURANCE GROUP INC (0001172052) (Subject)
Notes that Company Has Made Significant Changes as a Result of Ides' Engagement and Announces Withdrawal of Director Nominees Urges New Directors John Farina and Deborah Gray to Immediately Set a Tone of Enhanced Governance, Independence and Stakeholder and Shareholder Advocacy in the Boardroom Highlights Need for Additional ESG, Operational and Strategic Improvements at the Company Ides Will Continue to Monitor Safety's Progress and Will Not Hesitate to Consider Any and All Steps to Improve Shareholder Value Going Forward Ides Capital Management, LP (together with its affiliates, "Ides") is a New York-based investment advisor that engages with corporate boards and management teams to d
Two New Independent Directors Enhance Extensive Insurance, Finance, Data Privacy and Security, Legal, and Governance Expertise on the Board To File Preliminary Proxy Statement That Includes Proposals to Further Enhance Shareholder Rights Safety Insurance Group, Inc. (NASDAQ:SAFT) ("Safety" or the "Company") announced today the appointments of John D. Farina and Deborah E. Gray to its Board of Directors, effective immediately and several governance enhancements for which the Board will solicit support in advance of the upcoming annual meeting of stockholders (the "Annual Meeting"). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20
Disappointed that Board Has Refused to Engage Privately Around Stock Price Underperformance, ESG and Sustainability Deficiencies, and Subpar Capital Allocation Believes Company's Recently Announced and Reactive Share Buyback Falls Well Short of What Shareholders Deserve and Safety Could Undertake Highlights How Company Has Failed to Sufficiently Address Numerous Areas of Concern that Ides Has Raised Will Continue to Take Steps to Protect Best Interests of All Shareholders – Including the Election of Ides' Two Highly Qualified and Fully Independent Director Nominees – While Remaining Open to Constructive Engagement Ides Capital Management LP ("Ides Capital"), a shareholder of Safety Insu
SC 13G/A - SAFETY INSURANCE GROUP INC (0001172052) (Subject)
SC 13G/A - SAFETY INSURANCE GROUP INC (0001172052) (Subject)
SC 13G - SAFETY INSURANCE GROUP INC (0001172052) (Subject)
Safety Insurance Group, Inc. (NASDAQ:SAFT) ("Safety" or the "Company") today reported third quarter 2025 results. George M. Murphy, Chairman of the Board of Directors, President and Chief Executive Officer, commented: "For the quarter ended September 30, 2025, our combined ratio improved to 98.9% compared to 100.7% in the same period in the prior year. The year-over-year improvement in combined ratio reflects the impact of our prior year growth in policy counts and rate increases earning into top-line results. Net earned premium increased 12.5% for the quarter ended September 30, 2025, compared to the same period in the prior year, and highlights the impact of our pricing strategy and und
Safety Insurance Group, Inc. (NASDAQ:SAFT) ("Safety" or the "Company") today reported second quarter 2025 results. George M. Murphy, Chairman of the Board of Directors, President and Chief Executive Officer, commented: "For the quarter ended June 30, 2025, our combined ratio improved to 98.1% compared to 99.9% in the same period in the prior year. The 2024 results included the favorable impact of the Massachusetts Property Insurance Underwriting Association restructuring which reduced loss and loss adjustment expenses by $9.7 million and lowered the combined ratio by 3.9 points. The year-over-year improvement in combined ratio reflects the impact of our prior year growth in policy count
Safety Insurance Group, Inc. (NASDAQ:SAFT) ("the Company" or "Safety") today reported first quarter 2025 results. George M. Murphy, Chairman of the Board of Directors, President and Chief Executive Officer, commented: "Safety's first quarter combined ratio in 2025 improved to 99.4% compared to 101.9% in the first quarter of 2024. The year-over-year change reflects the impact of our prior year growth in direct written premiums earning into top-line results and improvements in our private passenger automobile loss ratio. Positive trends in other revenue lines resulted in strong earnings per share of $1.48 per share and a $22.2 million increase in total shareholders' equity." Net income for