Ides Capital withdraws board candidates for Safety Insurance Group
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Ides Capital withdraws board candidates for Safety Insurance Group

Eileen AJ Connelly
March 31, 2022
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Ides Capital has withdrawn its two proposed candidates for Safety Insurance Group’s board, after the New England insurer reshuffled its directors in response to earlier prodding.

Yet, in a letter to Safety’s board, the activist investor continued to take the carrier to task, demanding that it start “to behave as a public company” by shoring up its governance and shareholder relations.

“We

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Eileen AJ Connelly
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