In an announcement released June 5th 2007 Safeco (NYSE: SAF) reported some details of a completely new product launch with Teensurance™ powered by Safeco®. Teensurance is a technology based product designed to offer parents a method of having a different kind of conversation with teen drivers. The new will be available to customers across the nation starting June 27, 2007. Teensurance uses a Global Positioning Sattilite (GPS) device The Safeco Safety Beacon™ integrated with online tools to help reinforce good driving habits. Teensurance offers parents tangible assurance regarding their young drivers behavior by offering parents real-time information and notifications. Safeco … Continue reading →