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Thursday, April 24, 2008 - Page updated at 11:08 AM

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Safeco presence to continue in Seattle after Liberty Mutual sale

A spokesman for Safeco says the impact on jobs has yet to be determined as the Seattle-based insurance company is sold to Liberty Mutual.

Spokesman Dave Monfried says the Safeco name will be maintained and it will have a presence in Seattle.

Monfried says the company has about 2,000 employees in the city, 3,100 statewide and 7,000 companywide. Boston-based Liberty Mutual has 41,000 employees.

Monfried says there's no impact on Safeco policyholders. They have the same guarantees.

He also says the name stays on Safeco Field.

Copyright © 2008 The Seattle Times Company

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