SAFT

Safety Insurance Group, Inc. Announces Board of Director Updates

Retrieved on: 
Wednesday, April 5, 2023
Insurance, Professional Services, HUB, Annual Meetings of the International Monetary Fund and the World Bank Group, SAFT, Liberty Mutual, Retirement, Annual general meeting, CFO, Growth, Centre for Study of Insurance Operations, Region, Hub International, Management, Safety

“David has been instrumental in building Safety Insurance into a leading property and casualty writer in New England.

Key Points: 
  • “David has been instrumental in building Safety Insurance into a leading property and casualty writer in New England.
  • Personally, David has been a great mentor to me both as previous CEO and as the Chairman of the Board.” said George M. Murphy, President and Chief Executive Officer of Safety.
  • Murphy has led Safety to continued success over his tenure, consistently generating positive underwriting results, while growing the surplus of the insurance entities.
  • Mr. Brophy and Mr. Langwell bring strong insurance and financial backgrounds that support our efforts as a leading independent agent insurance carrier in New England.

X-ELIO launches 60MW Battery Energy Storage System project in Liberty County, Texas, USA

Retrieved on: 
Thursday, February 23, 2023
Liberty, Power electronics, Erongo Battery Energy Storage System, BASF, Partnership, BESS, SAFT, CO2, Saft, Electronics, PPA, Renewable energy

This 60 MW Battery Energy Storage System (BESS) project will be co-located at X-ELIO's Liberty 72 MW solar PV plant in Liberty County, Texas

Key Points: 
  • This 60 MW Battery Energy Storage System (BESS) project will be co-located at X-ELIO's Liberty 72 MW solar PV plant in Liberty County, Texas
    This project, which is X-ELIO's largest industrial battery project and its first in the US, will be constructed in partnership with Saft, who are supplying 34 Intensium Max Li-ion battery containers and 17 conversion systems.
  • LIBERTY COUNTY, Texas, Feb. 23, 2023 /PRNewswire/ -- X-ELIO, a leading developer of renewable and sustainable energy worldwide, has launched its first utility-scale Battery Energy Storage system (BESS) project in the United States, with a total capacity of 60 MW.
  • This BESS project will be co-located with Liberty 1 Solar, the 72MW PV Solar plant the company is building near Houston.
  • The project will move forward with the collaboration of two long-time players in the energy storage sector, SAFT and Power Electronics.

Safety Insurance Group, Inc. Announces Fourth Quarter and Full Year 2022 Results

Retrieved on: 
Wednesday, February 22, 2023
Insurance, Professional Services, Tax, GAAP, Acquisition, Safety, SAFT, Investment, Cryptocurrency

Safety Insurance Group, Inc. (NASDAQ:SAFT) (“Safety” or the “Company”) today reported fourth quarter and full year 2022 results.

Key Points: 
  • Safety Insurance Group, Inc. (NASDAQ:SAFT) (“Safety” or the “Company”) today reported fourth quarter and full year 2022 results.
  • Non-GAAP operating income for the year ended December 31, 2022 was $5.05 per diluted share, compared to $7.14 per diluted share, for the comparable 2021 period.
  • Safety paid $0.90 per share in dividends to investors during the quarters ended December 31, 2022 and 2021, respectively.
  • Total prior year favorable development included in the pre-tax results for the quarter ended December 31, 2022 was $14.1 million compared to $12.5 million for the comparable 2021 period.

Tatum and StartupYard Partner to Accelerate Fintech and Web 3.0 Startups with Funding, Business Expertise and a Fast Track to Blockchain Technology

Retrieved on: 
Wednesday, February 22, 2023
Ethereum, SAFE, SAFT, Mentorship, Acceleration, Non-fungible token, Web3, Web 3.0, Digital wallet, Marketing, Cryptocurrency, Blockchain

LONDON and MIAMI, Feb. 22, 2023 /PRNewswire/ -- Tatum, the company drastically simplifying blockchain applications development, announced it has partnered with StartupYard to accelerate business success and time-to-market for early-stage fintech and Web 3.0 startups through the Tatum Blockchain Accelerator. The program addresses technology and business factors that often inhibit or impair Web 3.0 and digital finance startups.

Key Points: 
  • The program addresses technology and business factors that often inhibit or impair Web 3.0 and digital finance startups.
  • "We have an excellent track record of launching great companies, and, by partnering with Tatum, we can help startups avoid sometimes insurmountable blockchain issues."
  • Instead, StartupYard issues a capped convertible note valued at €40,000 for participation in the Tatum Blockchain Accelerator.
  • Now, with the Tatum Blockchain Accelerator, the company offers a more holistic approach for accelerating all factors facing a startup using blockchain.

Safety Insurance Declares First Quarter 2023 Dividend and Timing of Year-End 2022 Results

Retrieved on: 
Thursday, February 16, 2023
Other Professional Services, Professional Services, Insurance, Annual report, Bangladesh Securities and Exchange Commission, SAFT, Holding company, Cryptocurrency

The Board of Directors of Safety Insurance Group, Inc. (NASDAQ:SAFT) today approved a $0.90 per share quarterly cash dividend on its issued and outstanding common stock payable on March 15, 2023 to shareholders of record at the close of business on March 1, 2023.

Key Points: 
  • The Board of Directors of Safety Insurance Group, Inc. (NASDAQ:SAFT) today approved a $0.90 per share quarterly cash dividend on its issued and outstanding common stock payable on March 15, 2023 to shareholders of record at the close of business on March 1, 2023.
  • Safety plans to announce its fourth quarter and year-end 2022 results on February 22, 2023, with its Annual Report on Form 10-K to be filed with the U.S. Securities and Exchange Commission no later than February 28, 2023.

Lancelot Labs Emerges From Stealth And Unveils First Institutional SAFT Tracker Built For Defi

Retrieved on: 
Friday, January 20, 2023
Data Management, Technology, Professional Services, Blockchain, Web3, Venture Capital, Software, Cryptocurrency, Internet, Fintech, Finance, SAFT, Dapp, Decentralized finance, Friction, Lancelot, Institutionalisation

Lancelot Labs , an investment infrastructure startup, emerges from stealth, announcing the first and only institutional SAFT tracker to help crypto funds automatically track, claim and put to work through compatible dApps and DeFi, all their vested tokens in a single unified experience.

Key Points: 
  • Lancelot Labs , an investment infrastructure startup, emerges from stealth, announcing the first and only institutional SAFT tracker to help crypto funds automatically track, claim and put to work through compatible dApps and DeFi, all their vested tokens in a single unified experience.
  • The platform was quietly built in close collaboration with some of the most active crypto funds to solve the complexity of vested token tracking and claiming.
  • But early-stage tokens are often illiquid at first, with ever-changing dApp and DeFi utility that are often all over the place.
  • Industry veteran Stephanie Tramicheck founded Lancelot Labs to address this challenge and help crypto funds maximize the impact of their early-stage token portfolio.

FilSwan Raises $3M USD to Revolutionize & Simplify Building dApps

Retrieved on: 
Monday, January 16, 2023
Chain-link fencing, BNB, InterPlanetary File System, IPFS, Acquisition, Data science, SNZ, SAFT, Cryptocurrency, Web3, Polygon, DAPP

TORONTO, Jan. 16, 2023 /PRNewswire-PRWeb/ -- FilSwan, a cross-chain infrastructure for web3, is pleased to disclose three million US dollar fundraisings. FilSwan provides services that integrate data, computing, bandwidth, and payment into one suite for Web3 projects.

Key Points: 
  • FilSwan provides services that integrate data, computing, bandwidth, and payment into one suite for Web3 projects.
  • TORONTO, Jan. 16, 2023 /PRNewswire-PRWeb/ -- FilSwan , a cross-chain infrastructure for web3, is pleased to disclose three million US dollar fundraisings.
  • FilSwan provides services that integrate data, computing, bandwidth, and payment into one suite for Web3 projects.
  • A new project on decentralized data science, Lagrange DAO, is incubated by FilSwan and kicked off on Hack FEVM - ETHGlobal. "

FTX Trading Bankruptcy: Protecting Your Company's Interests

Retrieved on: 
Thursday, February 2, 2023
Face, FTX, Risk, Advertising, Research, Saft Groupe S.A., Motion, USBC, Official Committee of Equity Security Holders, Bankruptcy, Sale, Investment, SAFT, Security (finance), Credit

NEW YORK, NY, Feb 2, 2023 - (ACN Newswire) - Zuber Lawler is representing entities who received investments from Alameda Research and FTX Ventures.

Key Points: 
  • NEW YORK, NY, Feb 2, 2023 - (ACN Newswire) - Zuber Lawler is representing entities who received investments from Alameda Research and FTX Ventures.
  • These multiple filings are all being administered under one matter, In re FTX Trading, USBC Case No.
  • Most first and second day motions have been heard and either have been granted or are currently pending.
  • FTX debtors define "de minimis assets" as investments and/or interests held by FTX debtors, including Alameda Research, in privately held companies, which (according to FTX debtors) can be easily separated from the debtors' core operations, will not disrupt the core operations, and will generate less value to the estate than other assets.

Coinsilium Group Limited: Web3 Crypto Investment Portfolio Update

Retrieved on: 
Thursday, February 2, 2023
Crypto, Ripio, Ethereum, Bitcoin, EIP, ViacomCBS, Razer, Interview, Fashion, Goldman Sachs, Fortnite, Dwight Schrute, SAFT, Ecosystem, Token, YELLOW, ERC, Silta, Collection, Sega Genesis Collection, Epic, Investment, VIP, Gibraltar, Genesis, Boost, Red Bull, Orange, Treasury, NFT, Supercell, Paris, Yellow, Web3, Y Combinator, ETH, Non-fungible token, CO2, Epic Games, BTC, Electricity, MAR, Private investigator, Security (finance), Cryptocurrency, Renewable energy, Video game, Retail, LATAM (disambiguation), Metaverse, Decentralized finance

London UK, 02 February 2023 - Coinsilium Group Limited (AQSE: COIN) (OTCQB: CINGF), the Web3 investor, advisor, and venture builder is pleased to provide an update on its portfolio of Web3 Crypto Investments.

Key Points: 
  • London UK, 02 February 2023 - Coinsilium Group Limited (AQSE: COIN) (OTCQB: CINGF), the Web3 investor, advisor, and venture builder is pleased to provide an update on its portfolio of Web3 Crypto Investments.
  • Over the course of 2022, Coinsilium deployed the equivalent of USD575,000 from its crypto treasury reserves to invest into several pre-seed and seed-stage Web3 focused ventures in the DeFi, Metaverse, Crypto Trading, Play and Earn Gaming, and Fashion space.
  • These Web3 ventures are aiming to issue a utility token at a future stage through a Token Generation Event (“TGE”).
  • Whilst Coinsilium’s crypto portfolio has historically been denominated mainly in BTC and ETH, given the marked improvement in market conditions, we will now be looking to diversify our crypto allocation on a selective basis.

If You Purchased Atonomi (ATMI) Tokens in 2018, a Class Action Settlement May Affect Your Rights

Retrieved on: 
Monday, December 5, 2022
Atonomi, District court, P.C, SAFT, Person, Lawyer, Negotiation, Settlement, Defendant, Court, Indian Residential Schools Settlement Agreement, PO, Sale, WSSA, Class, Post office box, Hearing, Tax, Insurance, Renting, Pharmaceutical industry, Tobacco

A partial settlement has been proposed in a class action lawsuit about Atonomi LLC's 2018 sale of ATMI tokens.

Key Points: 
  • A partial settlement has been proposed in a class action lawsuit about Atonomi LLC's 2018 sale of ATMI tokens.
  • If you qualify as a Class Member, you may send in a claim form to get your share of the settlement fund.
  • You can also exclude yourself from the settlement to retain your right to sue, or you can object to the settlement.
  • Before any money is paid, the Court will have a hearing to decide whether to approve the settlement.