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Safeco was founded in 1923 by Hawthorne Kingsbury Dent (1880-1958) as the General Insurance Company of America, a property and casualty insuring company, with a headquarters in Downtown Seattle at the corner of University Street and Fourth Avenue.
The tower was originally constructed as Safeco Plaza to serve as Safeco Insurance's headquarters. It was generally referred to as the Safeco Building. Safeco sold the property to the University of Washington in 2006 for $130 million, [2] and moved out one year later.
Safeco Insurance Company of America leased 284,000 square feet (26,400 m 2) of the building on May 23, 2006, to be its headquarters after moving from its former building in the University District and consolidating its Redmond office. The company subsequently renamed it to Safeco Plaza.
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 ...
This is a list of large or well-known interstate or international companies headquartered in the Seattle metropolitan area.. As of December 2021, the Seattle metropolitan area is home to ten Fortune 500 companies: Internet retailer Amazon (#2), Costco Wholesale (#12), Microsoft (#15), coffee chain Starbucks (#125), Paccar (#159), clothing merchant Nordstrom (#289), Weyerhaeuser (#387 ...
Safeco bought American States, a property/casualty insurance business because Lincoln was primarily in life/health. However, LNC even sold a block of disability income business to MetLife in 1999, as it narrowed its focus. Lincoln moved its headquarters from Indiana to Philadelphia in 1999. [5]
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Russell Investments Center is a 42-floor skyscraper in Seattle, Washington, United States.It is the ninth tallest building in Seattle at 182.18 m (597.7 ft), and on completion was the largest skyscraper to mark the downtown skyline in nearly 15 years.