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Recent Updates — SAFT

September 15, 2026View Source ↗

Safety Insurance Group, Inc. announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act expired on September 14, 2026, satisfying a key condition for its proposed merger with MAPFRE U.S.A. Corp. Under the Agreement and Plan of Merger signed July 23, 2026, Splash Merger Sub Inc., a wholly owned subsidiary of Mapfre, will merge with Safety, which will survive as a wholly owned direct subsidiary of Mapfre. The closing remains subject to other customary conditions, including receipt of certain regulatory approvals. Safety Insurance Group operates in the property and casualty insurance industry.

August 5, 2026View Source ↗

Safety Insurance Group announced second quarter 2026 results and declared a $0.92 per share quarterly cash dividend payable on September 15, 2026 to shareholders of record as of September 1, 2026. The company reported net income of $34.5 million, or $2.36 per diluted share, compared to $28.9 million in the prior year period. Additionally, Safety confirmed its definitive agreement for an all-cash acquisition by Mapfre S.A. valued at approximately $1.54 billion, with shareholders receiving $105 per share.

July 24, 2026View Source ↗

Safety Insurance Group, Inc. entered into a merger agreement with MAPFRE U.S.A. Corp. and its subsidiary, Splash Merger Sub, Inc. to be acquired in an all-cash transaction for $105.00 per share. The merger is subject to customary closing conditions, including stockholder approval and regulatory approvals. Safety Insurance Group, Inc. operates in the property and casualty insurance industry.

July 23, 2026View Source ↗

Safety Insurance Group, Inc. entered into a definitive merger agreement with MAPFRE U.S.A. Corp. to be acquired in an all-cash transaction valued at approximately $1.54 billion. Under the terms, shareholders will receive $105.00 per share in cash, representing a 44% premium over the stock price as of July 23, 2026. The transaction is expected to close in the first quarter of 2027, subject to regulatory approvals and stockholder consent. Safety Insurance Group, Inc. is a property and casualty insurance provider operating in New England.

June 15, 2026View Source ↗

Safety Insurance Group, Inc. entered into Amendment No. 7 to its Amended and Restated Revolving Credit Agreement with Citizens Bank, N.A. as administrative agent. The amendment increases the aggregate committed amount of the revolving credit facility from $50 million to $100 million and extends the maturity date to June 9, 2031. Safety Insurance Group, Inc. operates in the insurance industry and provides property and property-casualty insurance services.