Selective Insurance Group reported a 24% drop in fourth quarter 2024 net income as its chief executive admitted the year did “not meet expectations.” Fourth quarter net income was $93.2 million compared to $122.5 million a year ago. Net income …
AM Best has upgraded the financial strength rating (FSR) to A+ (superior) from A (excellent) and the long-term issuer credit ratings (long-term ICR) to “aa-” (superior) from “a+” (excellent) of the pooled members of Selective Insurance Group. Additionally, AM Best …
Selective Insurance has appointed two new members to its leadership team. Cyndi Bennett took the helm as the company’s new executive vice president and chief human resources officer (CHRO), and Giunero Floro has joined Selective as senior vice president and …
Selective Insurance Company of America, a Branchville, N.J.-headquartered subsidiary of Selective Insurance Group Inc., has announced several officer appointments. Charles Musilli has been appointed to executive vice president and chief human resources officer. Musilli first joined Selective in 1981 as …
Selective Insurance Group in Branchville, New Jersey, posted $37.0 million net income for the 2016 first quarter, down 7 percent from $39.7 million net income in the first quarter of 2015. Selective’s net income was lower than a year ago …
Selective Insurance Group Inc. in Branchville, New Jersey, announced that Dale A. Thatcher, executive vice president, chief financial officer and treasurer, will retire from the company effective Sept. 1, 2016. Selective said the company expects a successor to be named …
Selective Insurance Group Inc. in Branchville, New Jersey, announced the following appointments by its subsidiary, Selective Insurance Company of America. Angelique Carbo to executive vice president, chief human resources officer-designee. Carbo joined Selective in November 2015. She will assume the …
Selective Insurance Group Inc. in Branchville, New Jersey, announced the following appointments by its subsidiary, Selective Insurance Company of America. Jamie Beal to assistant vice president, director of Communications. Beal joined Selective in September 2015. Prior to that, she served …
Selective Insurance Group in Branchville, New Jersey, reported $47.0 million net income for its 2015 third quarter, down 12 percent from $53.2 million net income reported a year earlier. The third-quarter operating income, which excludes realized gains and losses on …
Selective Insurance Group in Branchville, New Jersey, reported $41.35 million net income for the 2014 fourth quarter, a 63 percent increase from $25.34 million net income during the 2013 fourth quarter. The GAAP combined ratio for the fourth quarter was …
