{"schema_version":"secwatch.filing_event.v1","accession":"0001172052-22-000045","form_type":"8-K","ticker":"SAFT","cik":"0001172052","company_name":"SAFETY INSURANCE GROUP INC","filed_at":"2022-11-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.811690+00:00","generated_at":"2026-06-22T12:13:29.167373+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Safety Insurance Q3 net income falls to $6.2M; declares $0.90 dividend; signs LOI to acquire Northeast Insurance Agency","bullets":["Net income $6.2M ($0.42 diluted) vs $24.8M ($1.64) in Q3 2021; non-GAAP operating income $1.13 diluted vs $1.70.","Direct written premiums up 3.2% to $217.9M; combined ratio 97.1% vs 93.9% due to higher loss ratio (65.3% vs 61.3%).","Book value per share $53.21, down from $62.47 at Dec 2021 due to $115M decline in fixed maturity portfolio from rising rates.","Board declares $0.90 quarterly dividend payable Dec 15, 2022 to holders of record Dec 1, 2022 (unchanged from Q3).","Signed letter of intent to acquire Northeast Insurance Agency, Inc.; aims to strengthen independent agency channel."],"urls":{"canonical":"https://secwatch.observer/filing/0001172052-22-000045","json":"https://secwatch.observer/filing/0001172052-22-000045.json","markdown":"https://secwatch.observer/filing/0001172052-22-000045.md","text":"https://secwatch.observer/filing/0001172052-22-000045.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1172052/000117205222000045/0001172052-22-000045-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1172052/000117205222000045/saft-20221102x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T12:13:29.167373+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"353644a07fcba3e8769edd83263b042c32e52820","claim":"SAFETY INSURANCE GROUP INC reported the nine months ended September 30, 2022 results: net income $21.9 million, EPS $1.48 per diluted share.","evidence_excerpt":"Net income for the nine months ended September 30, 2022 was $21.9 million, or $1.48 per diluted share, compared to net income of $98.7 million, or $6.58 per diluted share, for the comparable 2021 period.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1172052/000117205222000045/0001172052-22-000045-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the nine months ended September 30, 2022"},{"label":"Net income","value":"$21.9 million"},{"label":"EPS","value":"$1.48 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"404cb03137f0d2d23351b190ab7446864a2d08ce","claim":"SAFETY INSURANCE GROUP INC reported the quarter ended September 30, 2022 results: net income $6.2 million, EPS $0.42 per diluted share.","evidence_excerpt":"Net income for the quarter ended September 30, 2022 was $6.2 million, or $0.42 per diluted share, compared to net income of $24.8 million, or $1.64 per diluted share, for the comparable 2021 period.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1172052/000117205222000045/0001172052-22-000045-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended September 30, 2022"},{"label":"Net income","value":"$6.2 million"},{"label":"EPS","value":"$0.42 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}