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

Safety Insurance Group Ides Capital logos Boston MA.jpg

Ides Capital has withdrawn its two proposed candidates for Safety Insurance Group’s board, after the New England insurer reshuffled its directors in response to earlier prodding.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