Safety Insurance: 2Q Earnings Snapshot
BOSTON (AP) _ Safety Insurance Group Inc. (SAFT) on Wednesday reported second-quarter profit of $26.8 million.
The Boston-based company said it had profit of $1.75 per share. Earnings, adjusted for investment costs, were $1.81 per share.
The automobile insurance provider posted revenue of $208 million in the period.
Safety Insurance shares have increased 15 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $92.30, a climb of 30 percent in the last 12 months.