# SAFETY INSURANCE GROUP INC (SAFT) — merger/definitive [pending]
Source: SEC API (secapi.ai) · situation sit_3180fa53b321173c5bd2 · retrieved 2026-08-11T16:09:39.167Z

## Overview
Safety Insurance Group, Inc. is a fire, marine and casualty insurance company that writes and sells insurance products through its subsidiaries.

Safety Insurance Group, Inc. entered into an Agreement and Plan of Merger with MAPFRE U.S.A. Corp. and its subsidiary Splash Merger Sub, Inc. on July 23, 2026. Under the agreement, Splash Merger Sub will merge with and into Safety Insurance, with Safety Insurance surviving as a wholly-owned subsidiary of MAPFRE U.S.A. Each outstanding share of Safety Insurance common stock will be converted into the right to receive $105.00 in cash, without interest. The Company's board unanimously determined the merger is advisable and fair to stockholders and recommended approval. Closing is expected to occur on the fifth business day after satisfaction or waiver of closing conditions, including stockholder approval and regulatory approvals from the Massachusetts Commissioner of Insurance and under the Hart-Scott-Rodino Antitrust Improvements Act.

## Terms
- Counterparty: MAPFRE U.S.A. Corp. · Consideration: cash · Price/share: $105

## Key dates
- Announced 2026-07-24

## Timeline
- 2026-07-24 · 8-K (0001104659-26-086488): 8-K - SAFETY INSURANCE GROUP INC — *Safety Insurance Group, Inc. is a fire, marine and casualty insurance company that writes and sells insurance products through its subsidiaries.* Safety Insurance Group, Inc. entered into an Agreement and Plan of Merger with MAPFRE U.S.A. Corp. and its subsidiary Splash Merger Sub, Inc. on July 23, 2026. Under the agreement, Splash Merger Sub will merge with and into Safety Insurance, with Safety Insurance surviving as a wholly-owned subsidiary of MAPFRE U.S.A. Each outstanding share of Safety Insurance common stock will be converted into the right to receive $105.00 in cash, without interest. The Company's board unanimously determined the merger is advisable and fair to stockholders and recommended approval. Closing is expected to occur on the fifth business day after satisfaction or waiver of closing conditions, including stockholder approval and regulatory approvals from the Massachusetts Commissioner of Insurance and under the Hart-Scott-Rodino Antitrust Improvements Act.
  https://www.sec.gov/Archives/edgar/data/1172052/0001104659-26-086488.txt

## Citations
- 0001104659-26-086488 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000110465926086488