A 44% premium and unanimous board approval have not stopped questions about whether the price adequately reflects the company ...

BOSTON, June 23, 2025--(BUSINESS WIRE)--MAPFRE USA President and CEO Jaime Tamayo today announced that Mark Pasko has been appointed Executive Vice President, General Counsel and Secretary of MAPFRE ...

Safety Insurance agreed to be acquired by Mapfre for $105/share, a 40% premium, with closing expected in 6–7 months. SAFT's thin margins and competitive pressures in auto insurance underscore the ...

BOSTON--(BUSINESS WIRE)--MAPFRE Insurance and the Massachusetts Department of Transportation (MassDOT) today recognized patrol operators from the MAPFRE Insurance Highway Assistance Program. MAPFRE ...

WEBSTER, Mass. & BELLEVUE, Wash.--(BUSINESS WIRE)--MAPFRE Insurance and AAA Washington today entered into definitive agreements to form a jointly owned insurance company to write automobile and ...

In an important move aimed at protecting Massachusetts drivers, MAPFRE Insurance will be among the first insurers in the state to offer gap coverage to auto insurance policyholders using their ...

MAPFRE Insurance has hired Keith Jensen as senior vice president of Business Development for the company’s Northeast Region. Jensen, who has more than 30 years of experience in the property and ...

OLDWICK, N.J., December 18, 2025--(BUSINESS WIRE)--AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term ...

Shares of Safety Insurance Group (SAFT), a regional property and casualty insurer, surged 41% on Friday after the company announced it had agreed to be acquired by an affiliate of Mapfre in an ...

AM Best has commented that the Credit Ratings (ratings) of MAPFRE S.A.'s (MAPFRE) rated operating subsidiaries remain unchanged following the announcement that MAPFRE U.S.A. Corporation (MAPFRE USA) ...

The capital figure matters because Mapfre said its board range for the solvency ratio is 175 percent to 225 percent. At 208.8 percent, the insurer was 33.8 percentage points above the lower boundary, ...