Mary F. McConnell
On June 10, 2024, Mary F. McConnell, 40, was appointed the Company’s Vice President of Underwriting, effective July 1, 2024.
Highest-materiality recent filing
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 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.
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 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