Selective Insurance Net Up 93 % In The Quarter
NU Online News Service, Oct. 27, 3:33 p.m. EDT
The Branchville, N.J.-based company's net for the quarter went to $28 million, or 90 cents a share from $15 million, or 53 cents a share in the period last year.
Total revenues increased 15 percent, or $53 million, going from more than $343 million to more than $396 million. This was based on a 12 percent, or $39 million, increase in net premium written that rose from less than $318 million to more than $356 million.
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