SAFETY INSURANCE GROUP, INC. (NASDAQ:SAFT) Files An 8-K Submission of Matters to a Vote of Security Holders
ITEM 5.07 Submissions of Matters to a Vote of Security Holders.
The Annual Meeting of Shareholders of Safety Insurance Group,
Inc. (the Company) was held on May 24, 2017. Set forth below,
with respect to each matter, as applicable, are the number of
votes cast for, against or withheld, as well as the number of
abstentions and broker non-votes.
1. |
Election of Directors |
David F. Brussard was elected as Class III director of the
Company to serve a three-year term.The voting results were as
follows:
Votes For |
Votes Withheld |
Broker Non-Votes |
11,050,877 |
1,272,202 |
2,032,176 |
In addition, the terms of the following directors continued after
the Annual Meeting: Frederic H. Lindeberg, George M. Murphy,
Peter J. Manning, and David K. McKown.
2. |
Ratification of Appointment of Independent Registered |
The shareholders of the Company ratified the appointment of
PricewaterhouseCoopers LLP to serve as the Companys independent
registered public accounting firm for the year ending December
31, 2017.The voting results were as follows:
Votes For |
Votes Against |
Abstentions |
Broker Non-Votes |
14,247,266 |
81,497 |
26,492 |
0 |
3. |
Advisory Vote on Executive Compensation |
The shareholders of the Company approved, on a non-binding
advisory basis, the executive compensation as disclosed in the
Companys Proxy Statement dated April 11, 2017.The voting results
were as follows:
Votes For |
Votes Against |
Abstentions |
Broker Non-Votes |
12,030,387 |
268,291 |
24,401 |
2,032,176 |
4. |
Advisory Vote on the Frequency of Future Advisory Votes |
The shareholders of the Company approved, on a non-binding
advisory basis, the frequency of future advisory votes on
executive compensation as disclosed in the Companys Proxy
Statement dated April 11, 2017.The voting results were as
follows:
One Year |
Two Years |
Three Years |
Abstentions |
Broker Non-Votes |
9,471,269 |
8,810 |
2,804,051 |
38,949 |
2,032,176 |
About SAFETY INSURANCE GROUP, INC. (NASDAQ:SAFT)
Safety Insurance Group, Inc. is a provider of personal lines property and casualty insurance focuses primarily on the Massachusetts market. The Company provides private passenger automobile insurance. In addition to private passenger automobile insurance, it offers a portfolio of property and casualty insurance products, including commercial automobile, homeowners, dwelling fire, umbrella and business owner policies. The Company is engaged in property and casualty insurance operations segment. The Company serves small and medium sized commercial accounts with a program that covers apartments and residential condominiums; mercantile establishments, including cooking restaurants; offices, including office condominiums; processing and services businesses; special trade contractors, and wholesaling businesses. It offers a commercial package policy program that covers a range of business enterprises for commercial accounts or those clients that require specialized coverages. SAFETY INSURANCE GROUP, INC. (NASDAQ:SAFT) Recent Trading Information
SAFETY INSURANCE GROUP, INC. (NASDAQ:SAFT) closed its last trading session 00.00 at 66.95 with 31,803 shares trading hands.