Tuesday, May 7, 6:20 AM Safety Insurance Group (SAFT) declares $0.60/share quarterly dividend, in line with previous. Forward yield 4.75%. For shareholders of record June 03. Payable June 14. Ex-div date May 30. (PR)
Friday, February 15, 4:33 PMSafety Insurance Group (SAFT) declares $0.60/share quarterly dividend, in line with previous. Forward yield 4.92%. For shareholders of record Mar. 01. Payable Mar. 15. Ex-div date Feb. 27. (PR)
Friday, November 2, 2012, 7:14 PMSafety Insurance Group, Inc. (SAFT) declares $0.6/share quarterly dividend, in line with previous. For shareholders of record Dec. 3. Payable Dec. 14. Ex-div Nov. 29. (PR)
Tuesday, October 30, 2012, 3:42 AMHurricane Sandy is still wreaking havoc over the Eastern Seaboard, but that's not stopped insurance experts from estimating how much it will cost. AIG (AIG) CEO Robert Benmosche says, "It will be Irene, plus or minus something," for his company, so a few hundred million. Disaster-research firm Kinetic Analysis and Eqecat estimate total economic damage of around $20B, including $5B-$10B of insured losses.
3 Comments[U.S. Economy, Top Stories]
Monday, October 29, 2012, 3:08 AM
With Hurricane Sandy making its way to the Eastern Seaboard, insurers such as Allstate (ALL) are preparing to send their rapid-response teams of claims specialists to assess the damage once the storm passes. The cost to insurers is likely to be less than it would have been in the past, as they've been raising home-insurance rates, tightening underwriting standards, and scaling back sales of policies in hurricane-prone areas.
2 Comments[U.S. Economy, Top Stories]
Sunday, October 28, 2012, 2:38 AMHurricane Sandy is projected to make landfall by Tuesday morning, after which it could combine with two winter weather systems and create a super "Frankenstorm." Experts warn that the damage could be greater than the $15B worth caused by Hurricane Irene last year. Hardware stores such as Home Depot (HD) are doing a brisk trade as people stock up on essentials, but oil refineries and insurers will probably get hit hard.
3 Comments[U.S. Economy, Top Stories, Energy]