Selective Insurance Group Net Up 46% In Quarter
NU Online News Service July 28, 2 :48 p.m. EDT?Branchville, N.J.-based Selective Insurance Group, Inc. reported yesterday that second quarter net income had increased by $9.1 million or 46 percent to $28.9 million as premium increases outpaced loss trends.
The second quarter net increase amounted to 92 cents a share compared with $19.7 million, or 72 cents a share, for the same period last year.
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