Safeco reported strong second-quarter results, reflecting consistent, profitable underwriting performance across all major lines of business. The Seattle company produced net income for second-quarter 2006 of $199.7 million. This compares with net income of $187.3 million for the same quarter last year.
Think about that next time a claims adjustor tries to low-ball you on a personal injury claim. Safeco is in the business of minimizing the amount of the claims it pays. While that’s good for its shareholders, it’s not good for injured people.
For answers to your questions, ask a personal injury attorney.