Who bought American States Insurance Company?
Who bought American States Insurance Company?
Safeco Corp.
INDIANAPOLIS (AP) _ Safeco Corp., a West Coast property-casualty insurer, will buy the Midwestern insurance firm American States Financial Corp., the companies announced Monday. The deal will create the 12th-largest property and casualty insurance company in the United States.
Who is Safeco Insurance owned by?
Liberty Mutual Insurance
In September 2008, Safeco became part of Liberty Mutual Insurance. The financial strength of our parent company, combined with a national network of local independent agents, has enabled Safeco to focus exclusively on personal insurance.
Where is Safeco Insurance headquarters address?
Seattle, WA
Safeco/Headquarters
Is Safeco still around?
History. Safeco was founded in Seattle, Washington, in 1923 by Hawthorne K. Dent as the General Insurance Company of America, a property and casualty insurer. This name is still used by Safeco on some of its insurance products.
Is Safeco a mutual company?
Safeco Insurance, a member of Liberty Mutual Group, is an American insurance company….Safeco.
| Formerly | General Insurance Company |
|---|---|
| Type | Subsidiary |
| Industry | Insurance |
| Predecessor | American States Financial Corporation Washington Mutual’s WM Life Insurance Company R.F. Bailey |
| Founded | Seattle, Washington (1923) |
Who is the CEO of Safeco Insurance?
Matthew Nickerson (Jul 24, 2012–)
Safeco/CEO
Is Liberty Mutual part of Safeco Insurance?
Financial strength you can trust Safeco Insurance is a proud part of Liberty Mutual Insurance, a Fortune 100 company2 and the sixth-largest personal lines insurer in the country3.
Does Safeco insure in Florida?
Safeco National Insurance Company (NAIC #24759) is domiciled in New Hampshire and licensed in Alabama, Arizona, Arkansas, Colorado, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Mexico, New York, North Dakota, Ohio.
When did Safeco Buy American States financial?
In 1997, Safeco bought American States Financial Corporation to expand beyond the West Coast. Washington Mutual ‘s WM Life Insurance Company was purchased the same year. Two years later Safeco bought R.F. Bailey (Underwriting Agencies) Limited of London. In 2001, new management was brought in to restructure the company.
Where is Safeco located?
Over the years our business spread down the West Coast to Southern California and as far east as Connecticut. In 1953, “The General” created a subsidiary called Selective Auto and Fire Insurance Company of America, or SAFECO, as a strategy to compete against fast-growing national companies.
Why is Safeco sold through independent agents?
That’s why it’s sold exclusively through independent agents, who offer ease, choice, and advice. Loading… Safeco Insurance is a proud part of Liberty Mutual Insurance, a Fortune 100 company 2 and the sixth-largest personal lines insurer in the country 3.
Is Safeco Insurance part of Liberty Mutual?
Safeco Insurance is a proud part of Liberty Mutual Insurance, a Fortune 100 company 2 and the sixth-largest personal lines insurer in the country 3. Whether it’s your 9-to-5 ride or your weekend toys, Safeco has you covered.
