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In a story posted on Nov. 14 about Marc Racicot announcing that he would be stepping down as the American Insurance Association’s president, NU mistakenly reported that Selective Insurance–cited as one of two carriers that had left AIA–had divested its operating units, which is in fact not the case. A company representative reiterated that “Selective remains a holding company for seven insurance companies rated “A-plus” (Superior) by A.M. Best.”

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