Best's News


Best’s News & Research Service subscription required - October 23, 2025 12:42 PM (EDT)

Selective: Despite Rising Casualty Loss Costs, Reserve Development Woes, Net Income Grows

Selective Insurance Group Inc. said third-quarter available net income increased 26% to $113 million even as it recorded $40 million of unfavorable prior-year casualty claims reserve development . . .

-- This content requires a subscription --

Already a Subscriber?

Log in  Register your purchase

Not a Subscriber?

Best's News & Research Service

A subscription includes:

  • BestDay
  • Best's News
  • Best's Review
  • Best's Research
  • Best's Special Reports & Commentaries
  • Best's Rankings
  • and more...

Subscribe

Receive emails featuring AM Best's news and research
Opt-in

Casualty Insurance Losses Premiums Claims Earnings Property And Casualty Insurers


Latest News

FEDERAL REGULATION
CMS Threatens Suspension of Elevance’s Medicare Part D Program Over Data Reporting Issues
Mar 19, 2026 04:38 PM (EDT)
PEOPLE IN INSURANCE
Ryan Specialty's Trident Marine Managers Appoints New COO
Mar 19, 2026 03:20 PM (EDT)
HAWAII
Hawaii Legislation Would Expand the Use of Captive Insurers in Catastrophic Risks
Mar 19, 2026 03:10 PM (EDT)
MERGERS AND ACQUISITIONS
Blue Cross Life of Canada Agrees to Acquire StanCorp Canadian Voluntary Benefits Business
Mar 19, 2026 03:02 PM (EDT)
FEDERAL REGULATION
Federal Lenders Lift Replacement-Cost Coverage Rules
Mar 19, 2026 02:28 PM (EDT)

More from Best’s News


Trending


    

1
BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of Korean Reinsurance Company
Dec 12, 2025 08:02 AM (EST)
2
STRATEGY
Zurich CEO: Global Specialty Prospects Ideal Amid Current Uncertainty
Nov 19, 2025 11:03 AM (EST)
3
BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of The Allstate Corporation and Its Core Subsidiaries
Aug 28, 2025 04:29 PM (EDT)
4
BEST'S RANKINGS
Best's Rankings: US Property/Casualty 2024 DPW by Line Rises 9.5%
Jun 06, 2025 10:16 AM (EDT)
5
BEST'S CREDIT RATING ACTION
AM Best Revises Outlooks to Negative for Knight Insurance Company Ltd. and Its Affiliates
Apr 17, 2025 09:18 AM (EDT)