Safety Announces Third Quarter 2010 Results - EPS of $1.03 and Declares Fourth Quarter 2010 Dividend of $0.50

Safety Insurance Group, Inc. SAFT today reported third quarter 2010 results. Net income for the quarter ended September 30, 2010 was $15.4 million, or $1.03 per diluted share, compared to $17.0 million, or $1.11 per diluted share, for the comparable 2009 period. Net income for the nine months ended September 30, 2010 was $43.3 million, or $2.87 per diluted share, compared to $43.9 million, or $2.79 per diluted share, for the comparable 2009 period. Safety's book value per share increased to $43.88 at September 30, 2010 from $41.20 at December 31, 2009. Safety paid $0.50 per share in dividends to investors during the quarter ended September 30, 2010, compared to $0.40 per share during the comparable 2009 period. Safety paid $1.60 per share in dividends to investors during the year ended December 31, 2009.