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Safeco Insurance is an American insurance company based in Seattle. A subsidiary of Liberty Mutual , Safeco provides auto insurance , homeowners insurance , and liability insurance . The company name is an acronym for S elective A uto and F ire E nsurance Co mpany of America, or SAFECO (i.e., S.A.F.E. Co.).
Started in 1957, Symetra Financial began as a subsidiary of Safeco. [1] In 1967, the total amount of insurance in force for Symetra surpassed the $1 billion mark. By 1995, the total assets had grown to $10 billion. In 2004, Safeco sold its life insurance business to an investor group led by White Mountains Insurance Group and Berkshire Hathaway ...
Liberty Mutual Insurance Company is an American diversified global insurer and the sixth-largest property and casualty insurer in the world. [ 3 ] It ranks 87th on the Fortune 100 list of largest corporations in the United States based on 2024 revenue. [ 4 ]
In August 2006, Safeco Insurance Co. shareholder Emma Schwartzman, the great, great granddaughter of one of the Safeco Corporation founders, filed a lawsuit [14] against him and the Safeco corporation, claiming that his $28 million salary upon leaving his job was fraudulent and wasteful. [15] Knoll Lowney, a Seattle lawyer, represented Schwartzman.
Their insurance company, Safeco, part of Liberty Mutual, apparently spotted the tree via aerial photos and issued a non-renewal notice. Don't miss Car insurance premiums in America are through the ...
K&K Insurance Specialties was the first to insure events like NASCAR races; it was sold to AON in 1993. Safeco bought American States, a property/casualty insurance business because Lincoln was primarily in life/health.
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