Highest-materiality recent filing
Safety Insurance re-elects Farina and Meehan as directors; auditor ratified
John D. Farina elected with 11,767,003 votes for; Thalia M. Meehan with 11,864,129.
Net loss $14.3M ($0.99 diluted EPS) vs income $21.9M ($1.48 EPS) in Q1 2025; non-GAAP operating loss $0.72 EPS.
Safety Insurance Q4 net income $1.36/sh; full-year combined ratio 99.0% vs 101.1%
Q4 net income $20.1M ($1.36/diluted) vs $8.1M ($0.55) a year ago; full-year net income $99.3M ($6.70) vs $70.7M ($4.78).
Safety Insurance Q3 net income $28.3M ($1.91/diluted), combined ratio 98.9%, book value up 8.2%
Q3 net income $28.3M ($1.91/diluted) vs $25.9M ($1.73) YoY; non-GAAP operating income $1.48/diluted.
Safety Insurance Q2 EPS $1.95 vs $1.13 YoY; dividend raised to $0.92
Q2 2025 net income $28.9M ($1.95 diluted EPS) vs $16.6M ($1.13) in Q2 2024.
Safety Insurance shareholders elect Gray and Murphy as Class II directors at annual meeting
Deborah E. Gray received 12,036,162 votes for; George M. Murphy received 12,241,549 votes for.
Safety Insurance Q1 net income $21.9M ($1.48 EPS); combined ratio improves to 99.4%
Net income $21.9M ($1.48 diluted EPS) vs $20.1M ($1.36) in Q1 2024; non-GAAP operating EPS $1.28 vs $0.93.
Safety Insurance posts record $1.19B direct premiums in 2024; net income jumps to $70.7M
Full-year 2024 net income $70.7M ($4.78 diluted EPS) vs $18.9M ($1.28) in 2023; non-GAAP operating EPS $4.16 vs $0.84.
Safety Insurance Q3 net income $25.9M ($1.73 EPS), combined ratio improves to 100.7%
Q3 net income $25.9M ($1.73 diluted EPS) vs $1.9M ($0.13) in Q3 2023.
Safety Insurance Q2 net income $16.6M, combined ratio 99.9%, declares $0.90 dividend
Net income Q2 $16.6M ($1.13 diluted EPS) vs $17.0M ($1.15) in Q2 2023; non-GAAP op income $1.18/share vs $0.80.
Mary F. McConnell, age 40, appointed VP of Underwriting effective July 1, 2024.
Safety Insurance Group stockholders elect three directors, ratify auditor, approve say-on-pay
Charles J. Brophy III, Dennis J. Langwell, and Mary C. Moran elected as Class I directors for three-year terms.
Safety Insurance Q1 net income $20.1M ($1.36 EPS) vs year-ago loss; premiums up 23%
Net income $20.1M ($1.36 diluted EPS) vs net loss $12.3M ($0.84 loss) in Q1 2023.
Safety Insurance VP of Underwriting James D. Berry to retire July 1, 2024
James D. Berry, Vice President of Underwriting, announced retirement effective July 1, 2024.
Safety Insurance Q4 net income $12.3M ($0.83/diluted); full-year combined ratio 107.7%
Direct written premiums grew 22.2% to $246.1M in Q4; full year up 20.4% to $991.2M.
On June 10, 2024, Mary F. McConnell, 40, was appointed the Company’s Vice President of Underwriting, effective July 1, 2024.
Ms. McConnell will replace James D. Berry who previously communicated his intention to retire.
On April 22, 2024, James D. Berry, the Company’s Vice President of Underwriting, communicated his intention to retire, effective July 1, 2024.
Ann M. McKeown, 56, the Company’s Vice President of Insurance Operations, communicated her intention to retire, to which the Board of Directors accepted, effective March 1, 2024.
Brian S. Lam, 44, was appointed the Company’s Vice President of Insurance Operations, effective March 1, 2024.
Max materiality 0.80 · Median 0.70 · Most common event earnings