Safeco Corp. of Seattle, Wash. has renamed itself Safeco Life & Investments to reflect the combining of its 25 insurance and investments salespeople into one team selling both insurance and investment products, including mutual funds, annuities and variable universal life. Only property and casualty insurance will continue to be sold by a separate sales force.

"We were stumbling over ourselves in the field and now we have a concentrated strategy to call on our bank, RIA, broker/dealer and institutional distribution channels," said Steve Manuel, manager of Safeco's combined distribution channels. The name change and the combining of sales forces took effect in June.

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