Safety Insurance Group shareholders will vote Nov. 3 on MAPFRE’s $1.54 billion acquisition. Federal antitrust review has cleared, while Massachusetts Form A approval remains a key regulatory condition to closing.
safety insurance
Insurance Library Announces 2026 Members of the Hess Benefactor Society
The Insurance Library names six 2026 Henry E. Hess Benefactor Society members, recognizing its highest levels of financial support.
MAPFRE-Safety Merger Creates New Force in Massachusetts P&C Insurance
MAPFRE will acquire Safety Insurance in a $1.54 billion all-cash transaction, creating one of New England’s largest personal lines insurance groups.
AM Best Revises Safety Insurance Outlook to Negative, Affirms Ratings
AM Best revised its outlook on Safety Insurance Group to negative while affirming the insurer’s financial strength and issuer credit ratings.
$14.3M Q1 Loss For Safety: Back-To-Back Storms’ 1600 Claims Cost $42.7M
Despite weather losses that pushed the combined ratio to 113.4%, Safety maintains its dividend and continues rate increases across all primary lines of business.