-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, EKYe8h6vNpzQ/jObMjuUOpyMchtF055FB90jNIlqfEa80Gi1lwsQ7mDeYAVUAA64 EdVGuyBigLDcAxqb6ZmZVg== 0000919574-06-002872.txt : 20060630 0000919574-06-002872.hdr.sgml : 20060630 20060630170323 ACCESSION NUMBER: 0000919574-06-002872 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060630 DATE AS OF CHANGE: 20060630 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SAFETY INSURANCE GROUP INC CENTRAL INDEX KEY: 0001172052 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 134181699 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-78620 FILM NUMBER: 06938537 BUSINESS ADDRESS: STREET 1: 20 CUSTOM HOUSE STREET CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 617-951-0600 MAIL ADDRESS: STREET 1: 20 CUSTOM HOUSE STREET CITY: BOSTON STATE: MA ZIP: 02110 FORMER COMPANY: FORMER CONFORMED NAME: SAFETY HOLDINGS INC DATE OF NAME CHANGE: 20020424 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FAIRHOLME CAPITAL MANAGEMENT LLC CENTRAL INDEX KEY: 0001056831 IRS NUMBER: 223526594 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 51 JFK PKWY CITY: SHORT HILLS STATE: NJ ZIP: 07078 BUSINESS PHONE: 9733796557 MAIL ADDRESS: STREET 1: 51 JFK PARKWAY CITY: SHORT HILLS STATE: NJ ZIP: 07078 SC 13G 1 d669889_13-g.txt SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b) (Amendment No. ) Safety Insurance Group, Inc. ------------------------------------------------------------------------------ (Name of Issuer) Common Stock, $.01 par value - ------------------------------------------------------------------------------- (Title of Class of Securities) 78648T100 - ------------------------------------------------------------------------------- (CUSIP Number) June 30, 2006 - -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [x] Rule 13d-1(b) [ ] Rule 13d-1(c) [_] Rule 13d-1(d) - ---------- (1) The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). This filing is being made in lieu of Schedule 13D because Bruce R. Berkowitz no longer serves as a director of the Issuer and the Common Stock to which this filing relates is being held for investment purposes only. CUSIP No. 78648T100 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Fairholme Capital Management, L.L.C. 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [x] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 283,066 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 919,166 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 919,166 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.77% 12. TYPE OF REPORTING PERSON* IA ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 78648T100 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Bruce R. Berkowitz 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [x] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION United States of America NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 73,000 6. SHARED VOTING POWER 283,066 7. SOLE DISPOSITIVE POWER 73,000 8. SHARED DISPOSITIVE POWER 916,166 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 992,166 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.23% 12. TYPE OF REPORTING PERSON* IN, HC ________________________________________________________________________________ *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 78648T100 Item 1(a). Name of Issuer: Safety Insurance Group, Inc. - ------------------------------------------------------------------------------ Item 1(b). Address of Issuer's Principal Executive Offices: 20 Custom House Street, Boston, MA 02110 - ------------------------------------------------------------------------------- Item 2(a). Name of Person Filing: Fairholme Capital Management, L.L.C.; Bruce R. Berkowitz (collectively, the "Reporting Persons") - -------------------------------------------------------------------------------- Item 2(b). Address of Principal Business Office, or if None, Residence: Fairholme Capital Management, L.L.C. - 51 JFK Parkway, Short Hills, New Jersey 07078 Bruce R. Berkowitz - c/o Fairholme Capital Management, L.L.C., 51 JFK Parkway, Short Hills, New Jersey 07078 - -------------------------------------------------------------------------------- Item 2(c). Citizenship: Fairholme Capital Management, L.L.C. - Delaware Bruce R. Berkowitz - United States of America - -------------------------------------------------------------------------------- Item 2(d). Title of Class of Securities: Common Stock, $.01 par value - -------------------------------------------------------------------------------- Item 2(e). CUSIP Number: 78648T100 - -------------------------------------------------------------------------------- Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: (a) [_] Broker or dealer registered under Section 15 of the Exchange Act. (b) [_] Bank as defined in Section 3(a)(6) of the Exchange Act. (c) [_] Insurance company as defined in Section 3(a)(19) of the Exchange Act. (d) [_] Investment company registered under Section 8 of the Investment Company Act. (e) [x] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) [_] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) [_] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); (h) [_] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act; (i) [_] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act; (j) [_] Group, in accordance with Rule 13d-1(b)(1)(ii)(J). Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. Fairholme Capital Management, L.L.C. - ------------------------------------ (a) Amount beneficially owned: 919,166 - ------------------------------------------------------------------------------- (b) Percent of class: 5.77% - -------------------------------------------------------------------------------- (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote 0 - ------------------------------------------------------------------------------ (ii) Shared power to vote or to direct the vote 283,066 - -------------------------------------------------------------------------------- (iii) Sole power to dispose or to direct the disposition of 0 - ------------------------------------------------------------------------------- (iv) Shared power to dispose or to direct the disposition of 919,166 - ------------------------------------------------------------------------------- Bruce R. Berkowitz (a) Amount beneficially owned: 992,166 - ------------------------------------------------------------------------------- (b) Percent of class: 6.23% - -------------------------------------------------------------------------------- (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote 73,000 - ------------------------------------------------------------------------------ (ii) Shared power to vote or to direct the vote 283,066 - -------------------------------------------------------------------------------- (iii) Sole power to dispose or to direct the disposition of 73,000 - ------------------------------------------------------------------------------- (iv) Shared power to dispose or to direct the disposition of 919,166 - ------------------------------------------------------------------------------- Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities check the following [ ]. N/A - -------------------------------------------------------------------------------- Item 6. Ownership of More Than Five Percent on Behalf of Another Person. If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than five percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. N/A - ------------------------------------------------------------------------------- Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. If a parent holding company or Control person has filed this schedule, pursuant to Rule 13d-1(b)(1)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company or control person has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. N/A - -------------------------------------------------------------------------------- Item 8. Identification and Classification of Members of the Group. If a group has filed this schedule pursuant to s.240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to s.240.13d-1(c) or s.240.13d-1(d), attach an exhibit stating the identity of each member of the group. N/A - -------------------------------------------------------------------------------- Item 9. Notice of Dissolution of Group. Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5. N/A - ------------------------------------------------------------------------------- Item 10. Certifications. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. /s/ Bruce R. Berkowitz* - --------------------------- Bruce R. Berkowitz Fairholme Capital Management, L.L.C.* By: /s/ Bruce R. Berkowitz --------------------------- Name: Bruce R. Berkowitz Title: Managing Member Dated: June 30, 2006 * The Reporting Persons disclaim beneficial ownership in the Common Stock, except to the extent of his or its pecuniary interest therein. Exhibit A AGREEMENT The undersigned agree that this Schedule 13G dated June 30, 2006 relating to the Common Stock par value $.01 per share of Safety Insurance Group, Inc., shall be filed on behalf of the undersigned. /s/ Bruce R. Berkowitz* - --------------------------- Bruce R. Berkowitz Fairholme Capital Management, L.L.C.* By: /s/ Bruce R. Berkowitz --------------------------- Name: Bruce R. Berkowitz Title: Managing Member Dated: June 30, 2006 SK 22146 0001 669889 -----END PRIVACY-ENHANCED MESSAGE-----