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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
Safety Insurance Group, Inc. (NASDAQ:SAFT) ("Safety" or the "Company") today reported fourth quarter and year ended 2024 results. George M. Murphy, Chairman of the Board of Directors, President and Chief Executive Officer, commented: "For the year ended December 31, 2024, Safety Insurance continued to achieve significant direct written premium growth, which increased 20.4% over the prior year, driving our top-line revenue above $1 billion dollars for the first time in the Company's history. Our strong top-line growth was a result of an 8.5% increase in overall policy counts and a 10.9% increase in average premium per policy, blended across all lines of business. Along with the increased p
The Board of Directors of Safety Insurance Group, Inc. (NASDAQ:SAFT) today approved a $0.90 per share quarterly cash dividend on its issued and outstanding common stock payable on March 14, 2025 to shareholders of record at the close of business on March 3, 2025. Safety plans to announce its fourth quarter and year-end 2024 results on February 25, 2025, with its Annual Report on Form 10-K to be filed with the U.S. Securities and Exchange Commission no later than February 28, 2025. Safety also plans to hold its 2025 Annual Meeting of Shareholders in Boston, Massachusetts, on May 14, 2025 at 10:00 a.m. About Safety: Safety Insurance Group, Inc. is the parent of Safety Insurance Company, Saf
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)
4 - SAFETY INSURANCE GROUP INC (0001172052) (Issuer)
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
Safety Insurance Group, Inc. (NASDAQ:SAFT) ("Safety" or the "Company") today reported fourth quarter and year ended 2024 results. George M. Murphy, Chairman of the Board of Directors, President and Chief Executive Officer, commented: "For the year ended December 31, 2024, Safety Insurance continued to achieve significant direct written premium growth, which increased 20.4% over the prior year, driving our top-line revenue above $1 billion dollars for the first time in the Company's history. Our strong top-line growth was a result of an 8.5% increase in overall policy counts and a 10.9% increase in average premium per policy, blended across all lines of business. Along with the increased p
The Board of Directors of Safety Insurance Group, Inc. (NASDAQ:SAFT) today approved a $0.90 per share quarterly cash dividend on its issued and outstanding common stock payable on March 14, 2025 to shareholders of record at the close of business on March 3, 2025. Safety plans to announce its fourth quarter and year-end 2024 results on February 25, 2025, with its Annual Report on Form 10-K to be filed with the U.S. Securities and Exchange Commission no later than February 28, 2025. Safety also plans to hold its 2025 Annual Meeting of Shareholders in Boston, Massachusetts, on May 14, 2025 at 10:00 a.m. About Safety: Safety Insurance Group, Inc. is the parent of Safety Insurance Company, Saf
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)