BOSTON (AP) _ Safety Insurance Group Inc. (SAFT) on Wednesday reported third-quarter profit of $15.6 million.
On a per-share basis, the Boston-based company said it had profit of $1.01. Earnings, adjusted for non-recurring gains, were 98 cents per share.
The automobile insurance provider posted revenue of $215.3 million in the period.
Safety Insurance shares have increased 24% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $101.74, a climb of 19% in the last 12 months.
Tom Shattuck: What’s Warren’s plan for Medicare for All?
Hanover Insurance: 3Q Earnings Snapshot
Advisor News
- Your client’s $3 million portfolio doesn’t tell you their insurance needs
- How life insurance can provide liquidity for wealthy families
- Retirement providers turn to digital engagement to retain assets
- Looking out for clients with diminished mental capacity
- House panel advances CLEAR Forms Act backed by IRI
More Advisor NewsAnnuity News
- AM Best downgrades A-Cap insurers amid financial and regulatory troubles
- Lawsuit claims Delaware Life hid billions in insurer-linked investments
- AM Best to Deliver Presentation at 2026 ACLI Annual Conference
- Global Atlantic Announces Launch of ForeLifetime Income, a New Fixed Index Annuity
- A-Cap strikes back with lawsuit accusing SC regulators of sloppy process, leaking secrets
More Annuity NewsHealth/Employee Benefits News
Life Insurance News