Safety Insurance Group (SAFT)
Writes auto, homeowners, and small-business coverage through independent New England agents.
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Writes property-and-casualty policies through independent agents in Massachusetts, New Hampshire, and Maine, anchored by private passenger auto coverage. Homeowners, commercial auto, businessowners, dwelling fire, and umbrella policies round out a single insurance segment concentrated in Massachusetts.
Underwrites private passenger auto, homeowners, commercial auto, businessowners, dwelling fire, and umbrella policies through its insurance subsidiaries. The business is concentrated in Massachusetts, with smaller operations in New Hampshire and Maine, and is sold through independent agents rather than direct channels.
Service is built around keeping agency and policyholder workflows simple, supported by agent tools and safe-driving information. The company also owns Safety Northeast Insurance Agency, which adds channel insight around independent-agent distribution.
Results depend on Massachusetts auto-insurance conditions, state insurance regulation, agent relationships, and catastrophe exposure from coastal storms, partly managed through catastrophe reinsurance.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $1.60B · Total debt $59.8M · Total assets $2.50B · Shareholders' equity $876.7M
- Revenue
- $520.8M
- Operating income
- $43.8M
- Net income
- $34.5M
HistoryDividendAnnual yield
| Institutions | 85.78% | 12.60M shares | |
|---|---|---|---|
| 220 holders · as of Jun 30, 2026 | |||
| Insiders | 2.22% | 326.6K shares | |
| 14 holders · as of Mar 3, 2026 | |||
| Other | 12.00% | 1.76M shares | |
| remainder | |||
14.68M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 15.59% | 2.29M | as of Jun 30, 2026 |
SRB CorpInstitution | 12.22% | 1.79M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 5.77% | 846,691 | as of Jun 30, 2026 |
State Street CorpInstitution | 5.45% | 800,274 | as of Jun 30, 2026 |
Dimensional Fund Advisors LPInstitution | 4.98% | 731,182 | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jul 27, 2026 | SRB Corp | 10 percent owner | −1,240,352 | $103.07 |
| Jul 24, 2026 | SRB Corp | 10 percent owner | −38,835 | $103.08 |
| Jul 17, 2026 | SRB Corp | 10 percent owner | −5,159 | $76.03 |
| Jul 13, 2026 | SRB Corp | 10 percent owner | −34,272 | $76.04 |
| Jul 9, 2026 | SRB Corp | 10 percent owner | −2,650 | $76.51 |
- Progressive
Scaled auto insurer overlapping in personal, commercial, and home lines
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Safety Insurance Group | $103.61 | +0.01% | $1.52B | 22.3 | — | 1.0 | +8.1% |
| Progressive | $205.51 | −0.69% | $120.31B | 10.4 | 12.4 | 1.3 | +5.0% |
| Median | 10.4 | 12.4 | 1.3 | +5.0% |