Rinehart Appointed to Safeco Board of Directors

Seattle-based Safeco’s board of directors has appointed Charles Rinehart as director. Rinehart will stand for election at the company’s annual meeting of shareholders on May 2, 2007.

Rinehart is the former chairman and CEO of H.F. Ahmanson & Co. Before its 1998 acquisition by Washington Mutual, H.F. Ahmanson & Co. was the parent company of the nation’s then-largest savings and loan. Rinehart’s career in financial services includes insurance experience gained during his years at Fireman’s Fund Insurance Co.

Source: Safeco