International Business News - Safeco http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Proxy advisory firm ISS Governance Services has recommended that Safeco Corp. shareholders vote in favor of the company's acquisition by Liberty Mutual Insurance Co., the insurer said Wednesday. http://www.ibtimes.com/articles/20080716/iss-recommends-vote-for-safeco-liberty-mutual-deal.htm Wed, 16 Jul 2008 10:49:43 EDT Liberty Mutual Group said Tuesday its acquisition of Safeco Corp. cleared a regulatory hurdle as its antitrust waiting period expired. The companies announced the $6.2 billion cash deal to create the nation's fifth-largest property and casualty insurer in April. The deal is expected to close in the third quarter. http://www.ibtimes.com/articles/20080603/liberty-mutual-safeco-buy-clears-regulatory-hurdle.htm Tue, 03 Jun 2008 18:35:57 EDT Safeco Corp. said Wednesday its board declared a regular quarterly dividend of 40 cents. The property and casualty insurer said the dividend is payable July 28 to shareholders of record July 11. http://www.ibtimes.com/articles/20080509/safeco-sets-regular-quarterly-dividend-of-40-cents.htm Fri, 09 May 2008 17:25:58 EDT Liberty Mutual Group Inc. said Wednesday it has agreed to buy Safeco Corp. for $6.2 billion in cash in a deal to create the nation's fifth-largest property and casualty insurer. http://www.ibtimes.com/articles/20080423/liberty-mutual-agrees-to-buy-safeco-for-6-2-billion.htm Wed, 23 Apr 2008 14:14:27 EDT Property and casualty insurer Safeco Corp. said Tuesday that President and Chief Executive Paula Rosput Reynolds will become chairman, effective at the May 7 annual meeting. http://www.ibtimes.com/articles/20080205/safeco-to-appoint-ceo-reynolds-as-chair.htm Tue, 05 Feb 2008 15:58:49 EST Investor concerns about accident-prone drivers sent Safeco Corp. shares tumbling Friday. The Seattle property and casualty insurer slipped $2.71, or 5.1 percent, to close at $50.66. Late Thursday, Safeco reported 33 percent lower fourth-quarter profit, as higher claims in its auto insurance business weighed on the bottom line. http://www.ibtimes.com/articles/20080201/safeco-shares-drop-on-higher-auto-claims.htm Fri, 01 Feb 2008 18:46:14 EST Property and casualty insurance company Safeco Corp. said Thursday its board has approved a regular dividend of 40 cents. The dividend is payable April 28 to shareholders of record as of April 11. http://www.ibtimes.com/articles/20080131/safeco-approves-dividend-of-40-cents.htm Thu, 31 Jan 2008 18:04:21 EST Property and casualty insurer Safeco Corp. said Thursday its fourth-quarter profit shrank 33 percent, hurt by an increase in total catastrophe losses and a decline in investment income. http://www.ibtimes.com/articles/20080131/safeco-corp-4q-profit-falls-33-percent.htm Thu, 31 Jan 2008 17:44:22 EST Safeco Corp. will repurchase up to 9.7 percent, or $500 million worth, of its stock, the casualty-insurance company said Monday. It completed its previous $750 million share repurchase program, under which it bought back 12.9 million shares, on Dec. 6. http://www.ibtimes.com/articles/20071217/safeco-to-buy-back-up-to-500m-in-stock.htm Mon, 17 Dec 2007 09:09:05 EST