Yes, they're much safer for the occupants. They're probably less safe for pedestrians and cyclists hit by them, considering the increase in mass and height.
Most of today's cars are significantly less massive even if their size is larger.
Similar-sized cars are probably lighter nowadays, but the overwhelming shift towards SUVs holds back the average mass.
Now I'm misty-eyed, thinking of my beautiful LTD... a completely inappropriate car in 2019, but so much fun to drive.