Wednesday, April 23, 2008

News Flash! Liberty Mutual Insurance Group to buy 
Safeco Insurance

6.2 Billion Dollar Deal



It's official. Liberty Mutual Insurance Group is poised to buy Safeco Insurance. Safeco's Kentucky insurance agents received the communique this morning from corporate headquarters in Seattle.



What's that mean to Kentucky Safeco policyholders?



Well, according to the Safeco press release, "the Safeco name and brand will continue." Liberty Mutual is very strong in the eastern United States, and Safeco is strong on the west coast. A few years back, Liberty Mutual bought Ohio Casualty Insurance.



For details on the story check out Insurance Journal.



A Kentucky Safeco Auto Insurance agent, Charlie Pinson offers Kentucky Car Insurance quotes  online.

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