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- Ticker: SAF
- Founded in 1953
- Annual Revenue: $5.9 billion (2007)
- Headquarters: Seattle, Washington
- Staff: 7,057 full-time
- Chief Executive Officer: Paula Rosput Reynolds
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Safeco is a comprehensive Seattle-based insurance company founded in 1923 as the General Insurance Company of America. In 1953, the company began a new insurance business based on emerging computer automation technology and named it the Selective Auto and Fire Insurance Company of America, or SAFECO for short. By 1968, the entire company changed its name to SAFECO Corporation. The company today offers home, auto, life, and several other types of insurance products.
Safeco Field
In 1998, the company bought the naming rights to the new Seattle Mariners baseball stadium, and named it Safeco Field.2008 Purchase by Liberty Mutual
On April 23, 2008, the Boston-based Liberty Mutual Group announced that it was buying Safeco for $6.2 billion and folding the struggling company into its agency markets unit. Safeco suffered a drop of a third in the price of its stock in the fourth quarter of 2007 compared to the year before as a result of payouts to auto and home insurance customers who lost property in the California wildfires.-
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Safeco on Amazon
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MARINERS - SAFECO FIELD POSTER - $9.99
Wall PosterSize: 22 X 34Our posters are delivered rolled and shrink wrapped.Amazon
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SAFECO PlanHold Printlock 24" Print Clamps - Pack of 6 - $109.99
SAFCO 24" Standard Hanging Clamps For 24" x 36" Sheets 6pcs. Presentation and filing is easy with the strength and clever design of the Hanging Clamp. Bright extruded aluminum clam...Amazon
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Seattle Mariners Safeco Field Laser-Etched Musical Crystal Ball - $59.99
The devotion of a French artist in the search of top quality crafts at the end of the last century makes it possible for you to enjoy these unique handcrafted replicas of NFL stadi...Amazon
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Safeco Field with Sound 2009 Wall Calendar - $22.99
Safeco Field with Sound Wall Calendar: This calendar features a dozen spectacular shots of Safeco Field, home of the Seattle Mariners baseball club. A must-have for every Seattle M...Amazon
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SAFECO Chooses Former CNA Exec For Chief Executive Spot.(SAFECO Corp. hires Mike McGavick)(Company Profile): An article from: National Underwriter Property & Casualty-Risk & Benefits Management - $5.95
This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on February 5, 2001. The...Amazon
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Safeco Blogs and Commentaries
- BloggingStocks: Liberty Mutual buys Safeco at a 51% premium, who's next? (April 23, 2008)
- Reuters DealZone Blog: Safeco May Be the First of Many Insurance Deals (April 23, 2008)
- Google Blog Search: Safeco
- Safeco is currently a stub, a brief collection of the best links for this story. The page will be updated as we find more information.
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