Selective Net Income Jumps 32%
NU Online News Service, Nov. 6, 2:15 p.m. EST?Selective Insurance Group Inc. reported net income of $14.7 million for its third quarter, a 32 percent increase compared to one year ago when the insurer posted $11.1 million in net profit.
Net premiums written for the Branchville, N.J.-based company rose to $317.5 million from $267.4 million reported one year ago. Net premiums earned jumped to $289.7 million compared to $252 million posted during the year-ago period.
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