May 18, 2013 7:03 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...

Detailed Description

1001 4th Avenue

Seattle, WA 98154

United States

Founded in 1923

7,057 Employees

Phone:

206-545-5000

Fax:

206-545-5500

www.safeco.com

Key Executives for Safeco Corporation

President and Executive Vice President
President of Safeco Property and Casualty Insurance Companies
Age: 62
President of Open Seas Insurance and Member of Leadership Committee
President of National Advisory Council
Executive Vice President of Fulfillment
Age: 43
Compensation as of Fiscal Year 2012.

Safeco Corporation Key Developments

Herrenknecht Tunneling Systems USA Inc. Sues Against Ullico Casualty Co. and Safeco Corporation
Feb 25 13

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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Recent Private Companies Transactions

Type
Date		 Target
No transactions available in the past 12 months.
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