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Last $52.13 USD
Change Today -0.45 / -0.86%
Volume 3.9K
SAFT On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 9:54 AM 09/1/15 All times are local (Market data is delayed by at least 15 minutes).

safety insurance group inc (SAFT) Snapshot

Open
$51.73
Previous Close
$52.58
Day High
$52.46
Day Low
$51.73
52 Week High
02/6/15 - $65.98
52 Week Low
08/28/15 - $50.78
Market Cap
786.3M
Average Volume 10 Days
77.5K
EPS TTM
$-0.72
Shares Outstanding
15.1M
EX-Date
08/28/15
P/E TM
--
Dividend
$2.80
Dividend Yield
5.38%
Current Stock Chart for SAFETY INSURANCE GROUP INC (SAFT)

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safety insurance group inc (SAFT) Details

Safety Insurance Group, Inc., through its subsidiaries, provides private passenger automobile insurance in Massachusetts and New Hampshire. Its private passenger automobile policies offer coverage for bodily injury and property damage to others, no-fault personal injury coverage for the insured/insured’s car occupants, and physical damage coverage for an insured’s own vehicle for collision or other perils. The company also provides commercial automobile policies that offer insurance for commercial vehicles used for business purposes, including private passenger-type vehicles, trucks, tractors and trailers, insure individual vehicles, and commercial fleets; and homeowners policies, which provide coverage for homes, condominiums, and apartments for losses to a dwelling and its contents from various perils, and coverage for liability to others arising from ownership or occupancy. In addition, it offers business owners policies that cover apartments and residential condominiums, limited cooking restaurants, office condominiums, processing and services businesses, special trade contractors, and wholesaling businesses. Further, the company provides commercial package policies, which offer any combination of property, general liability, crime, and inland marine insurance for business enterprises; personal umbrella policies that provide personal excess liability coverage over and above the limits of individual automobile, watercraft, and homeowner’s insurance policies; and commercial umbrella policies to its clients, as well as underwrites dwelling fire insurance for non-owner occupied residences. Additionally, it offers inland marine coverage for homeowners and business owner policies; and watercraft coverage for small and medium sized pleasure crafts. Safety Insurance Group, Inc. was founded in 1979 and is based in Boston, Massachusetts.

610 Employees
Last Reported Date: 03/2/15
Founded in 1979

safety insurance group inc (SAFT) Top Compensated Officers

Chairman, Chief Executive Officer, President ...
Total Annual Compensation: $828.4K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $400.0K
Vice President of Underwriting
Total Annual Compensation: $358.4K
Vice President of Insurance Operations
Total Annual Compensation: $263.7K
Vice President of Marketing
Total Annual Compensation: $350.0K
Compensation as of Fiscal Year 2014.

safety insurance group inc (SAFT) Key Developments

Safety Insurance Group Inc. Appoints Ann M. McKeown as Vice President of Insurance Operations

Safety Insurance Group Inc. announced that Ann M. McKeown was appointed as the company's Vice President of Insurance Operations. Ms. McKeown has held various underwriting and insurance operation positions with the company since 1989 and has served as Director of Underwriting since 2006.

Safety Insurance Group Inc. Declares Third Quarter 2015 Dividend on the Issued and Outstanding Common Stock, Payable on September 15, 2015; Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

The Board of Directors of Safety Insurance Group Inc. approved and declared a quarterly cash dividend of $0.70 per share on the issued and outstanding common stock, payable on September 15, 2015 to shareholders of record at the close of business on September 1, 2015. The company reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net earned premiums were $182.447 million against $178.150 million a year ago. Net investment income was $10.317 million against $9.909 million a year ago. Total revenue was $197.602 million against $192.946 million a year ago. Loss before income taxes was $1.645 million against profit of $29.955 million a year ago. Net loss was $1.053 million against profit of $21.423 million a year ago. Diluted loss per share was $0.07 against profit of $1.40 a year ago. The quarter ended June 30, 2015 was impacted by an additional $45.0 million of catastrophe loss and loss adjustment expenses, relating to winter loss activity experienced during the first quarter. For the six months, the company reported net earned premiums were $365.01 million against $354.12 million a year ago. Net investment income was $20.87 million against $20.48 million a year ago. Total revenue was $395.64 million against $384.03 million a year ago. Loss before income taxes was $64.05 million against profit of $46.72 million a year ago. Net loss was $36.12 million against profit of $33.54 million a year ago. Diluted loss per share was $2.43 against profit of $2.18 a year ago. The company's book value per share decreased to $42.82 at June 30, 2015 from $47.19 at December 31, 2014.

Safety Insurance Group Inc. to Report Q2, 2015 Results on Aug 05, 2015

Safety Insurance Group Inc. announced that they will report Q2, 2015 results After-Market on Aug 05, 2015

 

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