NU Online News Service, Feb. 16, 2:04 p.m. EST

Selective Insurance Group Inc. reported the Branchville, N.J.-based insurer had 2009 fourth-quarter net income of $21 million, or 38 cents a share, compared to a net loss of $14 million, or negative 28 cents a share, for 2008.

Reporting results on Feb. 3 Gregory E. Murphy, chairman, president and chief executive officer for Selective, called the company's underwriting performance "solid" and said that most of its success was achieved in both its personal and commercial lines renewal pricing.

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