Safety Insurance Group, Inc. Appoints Thalia Meehan as Lead Independent Director and Changes in Committees
January 12, 2022 at 03:45 pm
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Safety Insurance Group, Inc. has appointed Thalia Meehan to the newly created role of Lead Independent Director. In this role, Ms. Meehan will have the following responsibilities: presiding at all meetings of the Board at which the chair is not present, including executive sessions of the independent directors; serving as liaison between the chair and the independent directors; approving information sent to the Board; approving meeting agendas for the Board; approving meeting schedules to assure that there is sufficient time for discussion of all agenda items; having the authority to call meetings of the independent directors; and if requested by major shareholders, being available for consultation and direct communication. The Board has adopted three-year term limits for chairperson of the three key board committees, which will apply to the current chairs as: Mary C. Moran has assumed the chair of the Nominating and Governance Committee for a term that will end at the 2025 annual shareholder meeting; Thalia Meehan's term as chair of the Compensation Committee will end at the 2024 annual shareholder meeting; and Peter J. Manning's term as chair of the Audit Committee will end at the 2023 annual shareholder meeting.
Safety Insurance Group, Inc. is a provider of private passenger automobile, commercial automobile, and homeownersâ insurance in Massachusetts. In addition to these coverages, it offers a portfolio of a portfolio of other insurance products, including dwelling fire, umbrella, and business owner policies. Its product line includes private passenger automobile, commercial automobile, homeowners, business owner policies, personal umbrella, dwelling fire, commercial umbrella, inland marine, and Watercraft. Private passenger automobile and commercial automobile polices provide coverage for bodily injury and property damage to others, no-fault personal injury coverage, and physical damage coverage for an insured's own vehicle for collision or other perils. Homeowners write policies on homes, condominiums, and apartments. Inland marine provides additional coverage for jewelry, fine arts, and other items that a homeowner. Business owner policies serve small and medium-sized commercial accounts.