Stock events for Safety Insurance Group, Inc. (SAFT)
On August 6, 2025, Safety Insurance Group, Inc. announced its Second Quarter 2025 results and raised its Third Quarter 2025 Dividend, with an improved combined ratio. On May 7, 2025, the company announced its First Quarter 2025 results and declared its Second Quarter 2025 Dividend, noting an improved combined ratio due to prior year growth and improvements in the automobile loss ratio. September 2, 2025, was the ex-dividend date for SAFT. On September 11, 2024, SAFT made a notable cross below a critical moving average. On November 6, 2024, Safety Insurance Group broke above its 200-Day Moving Average.
Demand Seasonality affecting Safety Insurance Group, Inc.’s stock price
The provided information does not explicitly detail the demand seasonality for Safety Insurance Group, Inc.'s products and services. Demand for homeowners insurance could be influenced by seasonal weather patterns, while auto insurance demand might be relatively stable. The company's focus on New England exposes it to property catastrophe risk, suggesting severe weather events could lead to seasonal spikes in claims.
Overview of Safety Insurance Group, Inc.’s business
Safety Insurance Group, Inc. is a property and casualty insurance provider serving customers primarily in the United States. Founded in 1979 and based in Boston, Massachusetts, the company operates in the Finance sector, specifically within the Property-Casualty Insurers industry, generating revenue through underwriting and investment income, distributing products via independent agents. The company's core business segments include personal auto insurance offering various protections and add-ons, homeowners insurance providing comprehensive coverage for different property types, commercial insurance catering to small and medium-sized businesses, umbrella insurance offering excess liability coverage, dwelling fire insurance for non-owner-occupied residences, inland marine coverage for homeowners and business owners, and watercraft coverage for pleasure crafts. Safety Insurance Group has also introduced initiatives like telematics-based insurance and digital transformation.
SAFT’s Geographic footprint
Safety Insurance Group, Inc. primarily operates in Massachusetts, New Hampshire, and Maine, expanding its market presence within the New England area with a significant presence in the Massachusetts market.
SAFT Corporate Image Assessment
Safety Insurance Group has a strong reputation for reliable insurance solutions and customer service. A.M. Best affirmed the financial strength rating of A (Excellent) and the issuer credit ratings of "a+" for its insurance companies, reflecting solid risk-adjusted capitalization, conservative investment risk, favorable loss reserve development trends, controlled premium growth, and strong operating performance. The company emphasizes customer service and technology integration, and no specific negative events significantly impacted its brand reputation in the past year.
Ownership
Safety Insurance Group Inc. is a publicly held company, but specific details about major institutional and individual owners are not provided.
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$68.73
