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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.).
The 50-story Seafirst Building (now Safeco Plaza) became the city's tallest when it opened in 1969, standing 630 feet (190 m), ... 1800 Terry Avenue: 400 (122) ...
Liberty Mutual agreed to acquire all outstanding shares of Safeco for $68.25 per share, for a total transaction price of approximately $6.2 billion. The result of this activity was an increase in revenue from $6 billion to over $30 billion in twelve years.
[32] [33] The 2018 season was the last played under this name, and the Safeco signage was removed from the ballpark beginning that November. [34] The naming rights were awarded to T-Mobile, whose U.S. headquarters are based in nearby Bellevue on December 19, which paid $87.5 million for an agreement that will last 25 years, [ 35 ] and the name ...
In 1752, Benjamin Franklin founded the first American insurance company as Philadelphia Contributionship.In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail.
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 ...