December 24, 2014 7:09 PM ET

Insurance

Company Overview of Safeco Corporation

Company Overview

Safeco Corporation provides personal insurance products to individuals and families in the United States. It offers auto, home, renters, condo, boat/watercraft, motorcycle, recreational vehicle, umbrella, landlord protection, and classic car insurance products to drivers and homeowners. The company sells its insurance products through a network of independent agents. Safeco Corporation was formerly known as General Insurance Company of America Corporation and changed its name to Safeco Corporation in 1968. The company was founded in 1923 and is based in Seattle, Washington with regional offices in Aliso Viejo, California; Richardson, Texas; Fairfield, Ohio; Indianapolis, Indiana; Golden, Col...

Safeco Plaza

1001 4th Avenue

Seattle, WA 98154

United States

Founded in 1923

7,057 Employees

Phone:

206-545-5000

Fax:

206-545-5500

Key Executives for Safeco Corporation

President of Safeco Property and Casualty Insurance Companies
Age: 64
President of Open Seas Insurance and Member of Leadership Committee
Executive Vice President of Fulfillment
Age: 45
Chief Investment Officer and Senior Vice President
Age: 59
Compensation as of Fiscal Year 2014.

Safeco Corporation Key Developments

Safeco Insurance Appoints Bill St. Charles and Steve Tripp as President and Vice President for National Advisory Council

Safeco Insurance has announced Bill St. Charles and Steve Tripp appointed as president and vice president for the company’s National Advisory Council effective immediately. St. Charles is president of Klebba Agency in Wixom, Mich., which has been serving southeast Michigan since 1931. Tripp is vice president and treasurer of McKinney Olson Insurance, with locations in Sioux Falls and Brandon, S.D.

Safeco Corporation Wins $17.5 Million Federal Contract

Safeco Corporation was awarded a $17.5 million federal contract by the U.S. Army Corps of Engineers, Fort Shafter, Hawaii, for construction services. Place of performance will be in Hickam Air Force Base, Hawaii.

Herrenknecht Tunneling Systems USA Inc. Sues Against Ullico Casualty Co. and Safeco Corporation

Herrenknecht Tunneling Systems USA Inc. leased large scale tunneling equipment to Vadnais Corp. for use on a public works project in California. The lawsuit claims Vadnais failed to fully and promptly pay for the equipment pursuant to the lease. Ullico Casualty Co. and Safeco Insurance Co. of America both issued payment bonds to Vadnais in connection with the leases. HTS made demands on the two insurers, but they also refused to pay. The suit seeks damages, interest and attorneys' fees.

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