From the gaze of it, Safeco's pres...

From the gaze of it, Safeco's presence in Seattle is distaff solid, with its 22-story office tangled dominating the skyline some four miles north of downtown. nevertheless little more than two years ago, the business foundation of the 80-year-old company was badly cracked: Safeco had chalked up six straight years of declining go [i]or[/i] come back on equity and, in 2001 dissipated nearly $1 billion. The company was, as its of the present day chief executive officer put it, bleeding profoundly

But that was before Mike McGavick became Safeco's chairman, president and CEO and helped allurement executives away from CNA, Geico, Hartford