-----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, Gcp4C4U4zP2OiRE6UBqnsimoN9EAsUyn1qgEXM/jx7HkGh5jl9a5GrRLUwXLSlqy 3n+6fGHqaVT8XT2aisSwVQ== 0001104659-07-085534.txt : 20071128 0001104659-07-085534.hdr.sgml : 20071128 20071128120725 ACCESSION NUMBER: 0001104659-07-085534 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20071127 ITEM INFORMATION: Other Events FILED AS OF DATE: 20071128 DATE AS OF CHANGE: 20071128 FILER: 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: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-50070 FILM NUMBER: 071270682 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 8-K 1 a07-30295_18k.htm 8-K

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

 

November 27, 2007

Date of Report (Date of earliest event reported)

 

 

 

SAFETY INSURANCE GROUP, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware

 

000-50070

 

13-4181699

(State or other jurisdiction

 

(Commission

 

(I.R.S. Employer

of incorporation)

 

File Number)

 

Identification No.)

 

 

 

20 Custom House Street, Boston, Massachusetts 02110

(Address of principal executive offices including zip code)

 

 

(617) 951-0600

(Registrant’s telephone number, including area code)

 

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


 

 

ITEM 8.01       OTHER EVENTS

 

On November 27, 2007, Safety Insurance Group, Inc. (“Safety” or the “Registrant”) filed revised proposed private passenger auto rates and additional coverages with the Massachusetts Commissioner of Insurance (the “Commissioner”) under the Commissioner’s newly adopted private passenger auto rating regulation.  The November 27, 2007 filing amends Safety’s initial rate filing which was submitted on November 19, 2007 as follows:

 

•                  Safety’s revised proposed rates provide rate decreases beginning April 1, 2008, for approximately 87% of all drivers insured with Safety, up from 85% in Safety’s initial filing.

 

•                  Safety’s proposed Loyalty/Renewal Discount for policyholders who maintain continuous coverage with Safety increased to 8% from 5% in the initial filing.

 

•                  Discounts of 10% were added for:

•                  Hybrid Vehicles

•                  Good Students

•                  Students Away at School

 

•                  Merit Rating Plan enhancements were added to reduce surcharge factors for operators with 1, 2, or 3 SDIP steps from 15% to 10% for each step.

 

The November 27, 2007 amended rate filing will become effective unless it is disapproved by the Commissioner within thirty day s.

 

This report includes “forward looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.  Actual changes made and results could eventually differ from those set forth in the foregoing statements.  Some of the factors that could cause those statements to differ from actual results are the effects of the new managed competition and the uncertainties of the regulatory review process.  Safety undertakes no obligation to update any “forward-looking statement.”

 

 

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

Safety Insurance Group, Inc.

 

 

 

 

(Registrant)

 

 

Date:  November 28, 2007.

 

 

 

 

 

 

 

 

 

 

By:

/s/ WILLIAM J. BEGLEY, JR.

 

 

 

 

William J. Begley, Jr.

 

 

 

 

V.P., Chief Financial Officer and Secretary

 

 

 

 

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