2008-06-26 00:19:07 -

www.safeco.com/community/corporate-giving/community-grants.aspx - The Safeco Insurance Foundation (NYSE:SAF) has announced a $20,000 grant to the American Red Cross of Greater Indianapolis in support of its flood relief services to central and southern Indiana residents.

The donation is earmarked for the Red Cross efforts in helping house victims displaced by the recent flood disaster and clean-up their homes and businesses once the floodwaters recede.

Virginia Anderson, president of the Safeco Insurance Foundation, said, "We are all overwhelmed by the reach of this devastation and the thousands of lives that have been disrupted in Indiana and throughout the Midwest. The Safeco Insurance Foundation is pleased to join in the efforts to support the communities most in need."

The Foundation has

also granted a total of $20,000 for disaster recovery to two Red Cross chapters based in Iowa.

About Safeco Insurance Foundation

Safeco, in business since 1923, is a Fortune 500 property and casualty insurance company based in Seattle. The Safeco Insurance Foundation, which was established in 2006 by Safeco Corporation is a separate 501(c)3 endowment fund totaling $90 million. The Foundation's mission is to support and enrich inclusive communities through meaningful engagement, guided by the knowledge that forging strong partnerships with community organizations leverages our greatest assets for the greatest effectiveness.

The Safeco Insurance Foundation
Jennifer Morgan, 206-473-6273
jenmor@safeco.com