SAFETY INSURANCE GROUP INC (SAFT) Safety Insurance Group, Inc. (SAFT) is a U.S.-based insurance provider offering a diverse range of personal and commercial coverage. The company's private passenger automobile policies furnish protection against third-party bodily injury and property damage liability, no-fault personal injury benefits for policyholders and their passengers, and physical damage insurance for the insured's own vehicle, covering impacts and other specific risks. Furthermore, it underwrites commercial automobile policies, designed for business-use vehicles ranging from passenger cars to trucks, tractors, and trailers, covering both individual units and entire fleets. For property owners, Safety Insurance offers homeowner policies that safeguard houses, condominiums, and apartments against damage to the structure and its contents from various perils, alongside liability coverage stemming from property ownership or occupation. The firm also extends its offerings to business owners policies, catering to diverse commercial operations such as apartment complexes, residential condominium associations, dining establishments, office condominiums, processing and service businesses, specialized trade contractors, and wholesalers. Beyond standard coverage, the company provides personal umbrella policies, which offer additional liability protection extending beyond the limits of individual automobile, watercraft, and homeowner insurance. It also underwrites commercial umbrella policies and dwelling fire insurance specifically for properties not occupied by their owners. Complementing these, Safety Insurance includes inland marine coverage as an option within its homeowner and business owner policies, and furnishes insurance for small to medium-sized recreational watercraft. The distribution of all its insurance products is managed through a network of independent agents. Established in 1979 and headquartered in Boston, Massachusetts, the company was formerly known as Safety Holdings Inc. before officially changing its name to Safety Insurance Group, Inc. in April 2002.
Sector: Fire, Marine & Casualty Insurance
Industry: Insurance - Property & Casualty
Safety Insurance Group, Inc. NASDAQ:SAFT Financial Services · Insurance - Property & Casualty
Mkt Cap $1.53B
Div Yield 3.53%
Prev close $104.36 Close $104.27 0.00% AH close $104.27
Mkt Cap $1.53B
Div Yield 3.53%
Press Release ⚠ 4
Safety Insurance Group, Inc. Announces Third Quarter 2026 Results and Declares Fourth Quarter 2026 Dividend
Safety Insurance Group reported Q3 2026 net income of $30.0 million, or $2.05 per diluted share, up from $28.3 million, or $1.91, a year earlier, with non-GAAP operating EPS of $1.95 versus $1.48.
The quarterly combined ratio improved to 96.3% from 98.9%, helped by rate increases earning in and lower auto loss frequency, while net investment income of $17.9 million was the largest quarterly result in company history. Direct written premiums fell 4.3% to $319.7 million on a softening market and cancelled underperforming agency relationships.
The board declared a $0.92 per-share quarterly dividend payable December 15, 2026. Shareholders approved the pending $1.54 billion all-cash acquisition by a Mapfre affiliate at $105 per share on November 3, with the deal still subject to regulatory approval.
• 4d ago AI analysis › Press Release ⚠ 2
Are SAFT, PAG, UTZ, FNWD Obtaining Fair Deals for their Shareholders?
Halper Sadeh LLC, a plaintiff investor-rights firm, announced it is investigating Finward Bancorp's sale to First Financial Bancorp, in which FNWD holders would receive 1.35 First Financial shares per FNWD share, for potential fiduciary-duty breaches.
The same release also targets the SAFT, PAG, and UTZ take-privates, alleging insiders may receive benefits unavailable to ordinary shareholders and that deal terms could deter superior competing offers.
No lawsuit has been filed; this is a routine solicitation inviting shareholders to contact the firm on contingency. It is law-firm marketing, not an issuer disclosure.
• 19d ago AI analysis › Press Release
Are SAFT, LXFR, MKTX Obtaining Fair Deals for their Shareholders?
Halper Sadeh LLC, an investor rights law firm, announced it is investigating Luxfer Holdings' sale to affiliates of Wynnchurch Capital for $17.37 per ordinary share in cash for potential securities-law violations and breaches of fiduciary duty.
The same release covers Safety Insurance Group's $105.00 per share sale to a Mapfre affiliate and MarketAxess's $167.00 per share sale to Intercontinental Exchange.
This is a plaintiff-firm solicitation seeking shareholders to contact the firm on a contingent-fee basis; it is not an issuer disclosure and does not change the terms of the pending Luxfer transaction.
• 1mo ago AI analysis › Press Release
Are DSGR, EFSI, SAFT, UTZ Obtaining Fair Deals for their Shareholders?
Halper Sadeh LLC, an investor rights law firm, announced it is investigating Distribution Solutions Group's proposed sale to affiliates of LKCM Headwater Investments for $35.00 per share in cash, bundling DSGR with investigations of EFSI, SAFT, and UTZ deals.
The firm alleges insiders may stand to receive substantial financial benefits not available to ordinary shareholders and that deal terms could limit superior competing offers; it says it may seek increased consideration or additional disclosures.
This is attorney advertising soliciting shareholders to contact the firm on a contingency basis, not an issuer disclosure or court action; no claims have been filed and no class has been certified, so treat as low-signal noise.
• 1mo ago AI analysis › Press Release ● Critical ⚠ 3
Safety Insurance Group, Inc. Announces Second Quarter 2026 Results and Declares Third Quarter 2026 Dividend
Safety Insurance Group agreed to be acquired by Mapfre S.A. in an all-cash transaction valued at approximately $1.54 billion, or $105 per share, representing a 44% premium to the July 23 closing price.
Separately, the company reported Q2 net income of $34.5 million, or $2.36 per diluted share, up from $28.9 million in the prior year, driven by an improved combined ratio of 95.7%.
The Board of Directors declared a quarterly cash dividend of $0.92 per share, payable on September 15, 2026.
• 3mo ago AI analysis › Press Release
Are CBZ, SAFT, NEUP, TCBK Obtaining Fair Deals for their Shareholders?
Halper Sadeh LLC is investigating potential breaches of fiduciary duty by CBIZ, Inc. (CBZ) and other companies regarding proposed M&A transactions.
The release targets CBZ shareholders alongside those of SAFT, NEUP, and TCBK, encouraging them to contact the firm to discuss legal rights.
This is a standard plaintiff-law-firm solicitation and does not constitute a disclosure by the company itself.
• 3mo ago AI analysis › Press Release
Are CBZ, SAFT, NEUP Obtaining Fair Deals for their Shareholders?
Halper Sadeh LLC is investigating CBIZ, Inc.'s proposed sale to Grant Thornton Advisors LLC for $55.00 in cash per share, focusing on potential fiduciary duty breaches.
The law firm is examining whether the transaction terms could limit superior competing offers and whether shareholders are receiving fair value.
Affected shareholders are encouraged to contact the firm to discuss their rights and options on a contingent fee basis.
• 3mo ago AI analysis › Press Release ● Critical
Safety Insurance Group, Inc. Enters Into Merger Agreement With Mapfre for $1.54 Billion
Safety Insurance Group agreed to be acquired by an affiliate of Mapfre S.A. in an all-cash transaction valued at approximately $1.54 billion.
Shareholders will receive $105.00 per share, representing a 44% premium to Safety’s stock price as of July 23, 2026.
The transaction is expected to close in the first quarter of 2027, subject to regulatory approvals including the Massachusetts Commissioner of Insurance.
• 3mo ago AI analysis › Press Release ● Major ⚠ 2
Safety Insurance Group, Inc. Announces First Quarter 2026 Results and Declares Second Quarter 2026 Dividend
Safety Insurance reported a Q1 net loss of $14.3 million, or $0.99 per share, compared to net income of $21.9 million a year ago, due largely to two severe winter storms causing $42.7 million in damages.
Despite the weather-related losses, net earned premiums increased 6.7% to $291.0 million and net investment income grew 16.9% to $17.0 million.
The Board of Directors declared a quarterly dividend of $0.92 per share, payable June 12, 2026, maintaining the payout even as book value per share decreased to $58.28.
• 6mo ago AI analysis › 
