Safeco expands BOP offering.Independent distributors of Safeco Safeco Corporation (NYSE: SAF) is a major American national insurance company. It has naming rights to the Seattle Mariners' baseball stadium, Safeco Field. Safeco was founded in Seattle, Washington in 1923 by Hawthorne K. Insurance Cos.' business-owner policies may now write larger and more numerous coverages in the small-business marketplace, where Safeco has reported 20% growth in the past two years. Safeco raised its policy eligibility limits to $15 million in annual sales or total insured The person who obtains or is otherwise covered by insurance on his or her health, life, or property. The insured in a policy is not limited to the insured named in the policy but applies to anyone who is insured under the policy. insured n. value per location, up from $5 million. It expanded or added 12 coverages and 62 new classes. |
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