---
title: "SAFETY INSURANCE GROUP INC Q2 2026: Revenue $325.7M, EPS $2.36— 10-Q Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295249995.md"
description: "Safety Insurance Group Inc reported Q2 2026 revenue of $325.7M and diluted EPS of $2.36, up 3.0% and 21.0% year-over-year respectively. Net income rose to $34.52M. Growth was driven by higher premiums and favorable underwriting, partially offset by weather-related claims. The company is pruning underperforming agencies and has entered a merger agreement to be acquired for $105.00 per share."
datetime: "2026-08-07T14:31:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295249995.md)
  - [en](https://longbridge.com/en/news/295249995.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295249995.md)
generator: "portal-rs"
---

# SAFETY INSURANCE GROUP INC Q2 2026: Revenue $325.7M, EPS $2.36— 10-Q Summary

SAFETY INSURANCE GROUP INC reported second-quarter 2026 results with revenue of $325.7M and net income of $34.52M, driven by higher premiums and favorable underwriting trends offset in part by elevated weather-related claims; diluted EPS was $2.36 for the quarter.

**Financial Highlights**

-   Revenue was $325.7M for Q2 2026, compared with $316.3M in Q2 2025; YoY change 3.0%.
-   Net income was $34.52M for Q2 2026, compared with $28.94M in Q2 2025; YoY change 19.3%.
-   Diluted EPS was $2.36 for Q2 2026, compared with $1.95 in Q2 2025; YoY change 21.0%.

**Business Highlights**

-   Net earned premiums grew about 5.0% year-to-date to $582.6M, supported by rate increases despite modest declines in policy counts.
-   The company continues to rely on its independent agent network (797 agents across 1,063 locations) and is pruning underperforming agencies.
-   Severe winter storms generated roughly 1,800 claims totaling about $42.7M, pushing the six-month loss ratio to 76.0% and increasing reserves.
-   Underwriting momentum included improved private passenger accident frequency and approved rate filings across Massachusetts, New Hampshire and Maine, which raised average premium per policy.
-   SAFETY Insurance entered a merger agreement to be acquired for $105.00 per share, which is expected to trigger transaction costs and potential integration activity.

Original SEC Filing: SAFETY INSURANCE GROUP INC \[ SAFT \] - 10-Q - Aug. 07, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**