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Safeco Named as One of '100 Best Corporate Citizens' by Business Ethics Magazine

Safeco Named as One of '100 Best Corporate Citizens' by Business Ethics Magazine

Published 05-05-04

Submitted by SAFECO Corporation

SEATTLE, WA--Safeco was cited as one of the 100 Best Corporate Citizens in the May issue of Business Ethics magazine. This is the second time Safeco has been recognized since the magazine began its list of 100 Best Corporate Citizens in 2000. Safeco advanced its ranking this year to 16th from 93rd in 2002.

The publication uses independent quantitative research to rank the 1,000 largest U.S.-based public companies on their social responsibility and behavior with major stakeholder groups, including employees, women and minorities, customers, local communities and shareholders.

Business Ethics magazine has lauded Safeco for its focus on Strengthening America's Neighborhoods and the development of programs that bring people together.

"Being there for others in their time of need is what insurance is all about," said Wendy Stauff, Safeco community relations manager. "We build on that promise through our commitment to the community and are proud to be recognized for supporting vibrant, safe neighborhoods."

The complete list of the 100 Best Corporate Citizens, including a feature story about Safeco, can be found at http://www.Business-Ethics.com.

Safeco, in business since 1923, is a Fortune 500 company based in Seattle that sells insurance and investment products through independent agents, brokers and financial advisors nationwide. More information about Safeco can be found at http://www.safeco.com.

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SAFECO Corporation

SAFECO Corporation

Established in 2006, the Safeco Insurance Foundation supports the communities in which we live and work. Our grants attempt to educate low-income children, strengthen cultural treasures, protect our most fragile, and uplift those most often left out or behind. Our grant making priorities are education and broad based health and human services. We also invest in access to health care for low-income individuals, and cultural organizations. In business since 1923 and based in Seattle, Washington, Safeco sells insurance to drivers and homeowners through a network of independent agents and brokers in eight regions throughout the United States. Safeco is part of Liberty Mutual Agency Markets, a business unit of Liberty Mutual Group, consisting of property and casualty and specialty insurance carriers that distribute their products and services primarily through independent agents and brokers. Liberty Mutual Group ranks 86th on the Fortune 500 list of the largest U.S. corporations based on 2008 revenues.

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