September 28, 2016 10:29 PM ET

Insurance

Company Overview of Safeco Insurance Company of America Inc.

Company Overview

Safeco Insurance Company of America Inc., an insurance and financial services company, sells insurance and investment products in the United States. The company provides property and casualty insurance and related products and services to individuals, organizations, and companies. It offers its products through a network of independent agents, brokers, and financial advisors, as well as delivers quotes online. The company was incorporated in 1953 and is headquartered in Seattle, Washington. Safeco Insurance Company of America Inc. operates as a subsidiary of Safeco Corporation.

Safeco Plaza

1001 Fourth Avenue

Seattle, WA 98154

United States

Founded in 1953

Phone:

206-545-5000

Fax:

206-545-6277

Key Executives for Safeco Insurance Company of America Inc.

President and Chief Executive Officer
Age: 60
President and Executive Vice President
Treasurer and Chief Financial Officer
Age: 47
Vice President of Corporate Legal and General Counsel
Assistant Vice President and Manager of Human Resources
Compensation as of Fiscal Year 2016.

Safeco Insurance Company of America Inc. Key Developments

City of Salisbury Files Lawsuit Against Atlantic Group of North Carolina Inc., Atlantic Engineering Group Inc. and Safeco Insurance Company of America

The City of Salisbury announced that it is suing the company that installed the cables for the city's fiber optic network for more than $1 million. In a lawsuit filed May 17, 2016, the city says that the Atlantic Group of North Carolina Inc. breached a contract by failing to complete construction work by deadline and failing to locate fiber optic cable lines with sufficient ground clearance and sufficient distance from power lines. The city says it's seeking funds of more than $1 million to correct the work "to protect city residents and taxpayers," although the complaint, for legal reasons, doesn't specify a dollar amount other than an amount "in excess of $25,000." The city's lawsuit also includes claims against Atlantic's parent company, Atlantic Engineering Group Inc. and the insurance company that bonded the work, Safeco Insurance Company of America.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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