Safety Insurance agreed to be acquired by Mapfre for $105/share, a 40% premium, with closing expected in 6–7 months. SAFT's thin margins and competitive pressures in auto insurance underscore the ...
A 44% premium and unanimous board approval have not stopped questions about whether the price adequately reflects the company ...
WEBSTER, Mass. & BELLEVUE, Wash.--(BUSINESS WIRE)--MAPFRE Insurance and AAA Washington today entered into definitive agreements to form a jointly owned insurance company to write automobile and ...
(Reuters) - Spanish insurer Mapfre said on Friday its first-half net profit jumped thanks to fewer and more benign natural disasters and a turnaround in its car insurance business in the United States ...
MAPFRE Insurance has been denied a preliminary injunction to keep AAA Northeast from selling auto insurance policies in Massachusetts in what the insurer says is a violation of an exclusive marketing ...
July 24 (Reuters) - Spanish insurer Mapfre (MAP.MC), opens new tab said on Thursday its net income rose 24% in the first half as its car insurance business soared after dragging the company down in ...
Safety Insurance Group (SAFT) doesn't usually make headlines. The Boston-based auto and home insurer is mostly seen as a quiet dividend payer. However, that changed in one trading session. Shares rose ...
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