Highest-materiality recent filing
Safety Insurance to be acquired by Mapfre affiliate for $1.54B; Q2 net income rises to $34.5M
Mapfre affiliate to acquire Safety for $105/share in cash, a 44% premium over July 23 closing price.
Safety Insurance to be acquired by MAPFRE U.S.A. for $105.00 per share in cash
All-cash merger at $105.00 per share; board unanimously recommends stockholder approval.
Safety Insurance to be acquired by Mapfre for $1.54B, $105/share cash, 44% premium
All-cash deal at $105/share, 44% premium over July 23 closing price.
Safety Insurance increases revolving credit facility to $100M, extends maturity to 2031
Total commitment increased from $50M to $100M; maturity extended to June 9, 2031.
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.
Net income $1.9M ($0.13 diluted EPS) vs $6.2M ($0.42) in Q3 2022; non-GAAP op income $0.59 vs $1.13.
Safety Insurance Q2 net income $17M ($1.15/diluted), combined ratio 101.9% vs 92.1% YoY
Net income of $17.0M ($1.15/diluted) vs $7.9M ($0.53) in Q2 2022; non-GAAP operating income $0.80/diluted vs $1.91.
Safety Insurance Q1 net loss $0.84/share; combined ratio 118.5% on severe winter storm losses
Net loss $12.3M ($0.84 diluted loss) vs net income $7.8M ($0.53 EPS) in Q1 2022.
Safety Insurance Q4 net income $24.6M, down 23% YoY; combined ratio 100.7%
Q4 net income $24.6M ($1.67/diluted) vs $32.0M ($2.14) prior year; full year $46.6M ($3.15) vs $130.7M ($8.80).
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.
Safety Insurance Group signs LOI to acquire Northeast Metrowest Insurance Agency
Non-binding LOI to acquire agency with over $40M in policy premiums.
Safety Insurance Q2 net income $0.53/share vs $2.49 YoY; combined ratio 92.1%; $0.90 dividend
Net income $7.9M ($0.53/sh) vs $37.7M ($2.49/sh) YoY; unrealized equity losses $41.9M.
Safety Insurance Q1 net income drops 78% to $7.8M; combined ratio hits 98.7%
Net income $7.8M ($0.53 diluted EPS) vs $36.2M ($2.42) in Q1 2021; non-GAAP op. income $0.99 vs $1.93.
Q4 2021 net income $32.0M ($2.14 diluted) vs $52.9M ($3.55) YoY; non-GAAP operating income $1.55/diluted vs $2.55.
Safety Insurance Q3 net income $24.8M ($1.64 EPS) vs $44.7M; combined ratio 93.9% vs 85.0% YoY
Net income $24.8M ($1.64 diluted EPS) vs $44.7M ($2.96) in Q3 2020, down 44.5%.
Net income $37.7M ($2.49 diluted EPS) vs $42.5M ($2.78) in Q2 2020.
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.
the Board of Directors has elected Mr. George Murphy, President and Chief Executive Officer, to additionally serve as the Chairperson of the Board, effective May 17, 2023.
David F. Brussard, the Chairperson of the Company’s Board of Directors, informed the Board of his intention to not seek re-election to the Board of Directors and retire effective at the 2023 Annual Meeting on May 17, 2023.
elected Charles J. Brophy III, 66, to the Board as a Class I director of the Company, to serve in such capacity until the Company’s 2024 annual meeting of stockholders and until his successor is duly elected and qualified or until his earlier resignation, death or removal.
elected Dennis J. Langwell, 64, to the Board as a Class I director of the Company, to serve in such capacity until the Company’s 2024 annual meeting of stockholders and until his successor is duly elected and qualified or until his earlier resignation, death or removal.
On March 24,2022, Frederic H. Lindeberg, a member of the Company’s Board of Directors, informed the Board of his intention to retire from the Board of the Directors, effective immediately.
On March 24, 2022, the Board of Directors (the “Board”) of Safety Insurance Group, Inc. (the “Company”), on the recommendation of the Nominating and Governance Committee of the Board, elected Deborah E. Gray, 58, to the Board as a Class II director of the Company
On March 24, 2022, the Board of Directors (the “Board”) of Safety Insurance Group, Inc. (the “Company”), on the recommendation of the Nominating and Governance Committee of the Board, elected John D. Farina, 58, to the Board as a Class III director of the Company
Max materiality 1.00 · Median 0.70 · Most common event earnings